Memory Crisis Heavily Affected Xiaomi Profit in Q2
Xiaomi blamed the global memory crisis for year-on-year declines across its top line in 2Q26.

Xiaomi blamed the global memory crisis for year-on-year declines across its top line in 2Q26.
Artificial intelligence at Zalando is no longer a stand-alone technology experiment, but part of the way the platform connects customers with products and content.
Nvidia has cut the proposed financial guarantee for OpenAI’s Ohio data center project from $250 billion to less than $120 billion.
OpenAI published a version of its ChatGPT for users aged 13 to 17 years.
Apple unveiled changes to its business terms for apps in the European Union.
A court in California has begun a trial against Meta Platforms that could reshape some global social networking apps.
Deutsche Telekom will acquire 100% of Fiberhost, a Polish open-access fixed network operator, together with Inea, a retail broadband and TV provider.
Apple is looking for multi-year deals with publishers to give its Siri AI assistant access to news and real-time information.
France is planning to join a growing number of nations seeking to ban social media access for children.
GSMA Industry Services plans to help mobile players cut waste and benefit from the refurbishment and responsible recycling of end-of-life equipment through a new offering.
Nvidia signed strategic partnerships with several companies to establish AI compute infrastructure financing platforms.
Lenovo reported the highest quarterly revenue growth in the past five years and the strongest quarter in the Group’s history.
SpaceX plans to build a massive semiconductor fabrication facility in Texas.
Intel plans a $15 billion underwritten public offering of common stock to bolster its balance sheet and fund its expansion in the AI and semiconductor markets.
Honor launched its Robot Phone almost six months after first teasing the device.
Meta Platforms CEO Mark Zuckerberg stated that open, decentralised access to super-intelligence is essential for ensuring global economic prosperity and personal safety.
Elon Musk highlighted an ambitious growth plan for SpaceX’s Starlink broadband service.
OpenAI temporarily halted some internal activities surrounding its upcoming model called Astra.
Apple ramped up its trade secrets lawsuit against OpenAI.
Meta Platforms is plotting a significant acceleration in its infrastructure commitments.