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It felt like one of those moments we’ll remember forever.

Prices are rising as much as $500. *Big* Apple in deed.

A World Cup sleeper awoke.

The beloved splash pads and spray showers used by tiny tots to cool off during the hot summer months in city parks have been reportedly out of service at dozens of green spaces this summer – and parents are fuming.

A popular activist YouTuber known for his First Amendment video stunts was arrested Thursday after he showed up uninvited to the Suffolk County PBA’s headquarters, union leaders told The Post.

Qualcomm To Design China-Specific Data Center Chip In Compliance With US Export Curbs

Qualcomm unveiled its data center chip lineup on Wednesday, becoming the latest chipmaker to enter the AI processor race in an attempt to challenge market leader Nvidia. CEO Cristiano Amon told Nikkei Asia the company is eyeing the China market for its data center products, including designing chips specifically for Chinese customers that are in compliance with U.S. export controls.

The mobile chip giant is revamping the design of data center processors, which is traditionally powered by graphic processing units (GPUs) and high bandwidth memory (HBM) chips. 

Amon teased Dragonfly - a dedicated brand for AI data center solutions designed to break Nvidia's grip on AI infrastructure - at the Computex trade show in Taipei early this month. 

The company unveiled more details about Dragonfly at its investor day in New York on Wednesday. Dragonfly encompasses four product lines: AI accelerators, data center CPUs, custom silicons and connectivity chips. Amon said Qualcomm is working to bring all four data center product lines to China, including customized AI accelerators for the Chinese market that will comply with US export controls limiting advanced AI chips sales above certain threshold.

"We have a big business in China, and I think as we started to diversify the company, our partnership with China and our China customers also expanded," said Amon, adding the relationship with Chinese smartphone makers and auto companies is also going to be "a strength that we're going to bring on the data center side. " However, "there are very clear guidelines about how you can ship products to China, and we have versions of all of our products that comply with those guidelines, " he said. "We are engaged in conversations and are positively optimistic about the reaction we're getting."

Qualcomm's data center processor features a design that differs from AI racks deployed in data centers. Dubbed high bandwidth compute (HBC), Qualcomm said the near-memory compute design will make its data center chips deliver six times the bandwidth per watt versus HBM-based solutions.

The data center compute market is dominated by AI racks powered by Nvidia's GPUs and HBM chips that are produced by South Korean companies SK Hynix and Samsung. Both Samsung and SK Hynix are also working on near-memory and on-memory compute as memory capacity becomes the latest AI deployment bottleneck.

Amon said the HBC will be different from the processing-in-memory (PIM) architecture other memory chipmakers are developing.

"This is a very unique technology that allows you to develop 3D-stacking of the DRAM alongside logic that is built for the accelerator," he said, adding that HBC significantly increases available memory, reduces bandwidth bottleneck and improves compute efficiency.

As the global memory chip crunch continues, Amon said they have secured enough memory for its data center products in fiscal year 2027 and the new HBC technology will also help ease the memory chip shortage.

"This technology is starting to get interest, we now have memory vendors, small and large ones, now engaging with Qualcomm and want to partner with Qualcomm on HBC," the CEO said.

In addition to better compute performance, Qualcomm said the HBC architecture also uses less energy and costs less to own. In video messages, Microsoft and Meta CEOs said the two companies' data centers will be early adopters of Qualcomm's data center chips including HBC and CPUs.

Qualcomm said the first HBC chip will ship with its AI250 data center rack in fiscal year 2027. The company told investors Wednesday the new data center products are expected to bring in $300 million in revenue in the current fiscal year, and $5 billion in fiscal year 2027, which starts in October. Qualcomm estimates the total addressable market for data center chips will be more than $1 trillion by 2029 and the company will take a more-than-5% share of that market.

At the Wednesday keynote, Amon said it is "never too late" for Qualcomm to enter the data center chip business because "this is a market that moves very, very fast. So, if you have technology leadership, there's always room for you."

In addition to AI accelerators powered by the new HBC design, Qualcomm also unveiled a CPU designed for data centers and AI inference, announcing the company has won "two major hyperscaler deals" for custom-designed data center chips that will bring in "meaningful revenue" by the end of the year.

Amon also touted a close partnership with the contract chipmaking giant TSMC that will give it a leg up in the data center chip race.

"As soon as TSMC finishes the mask, we go to production, and we go to production at scale. That's the maturity of our manufacturing capabilities," said Amon. 

It is yet to be seen if Qualcomm can convince investors and customers alike to be a competitive alternative to Nvidia products.

"Current data center revenues remain de minimis and reliant on Qualcomm proving they are able to bring strong CPU [and] NPU performance from consumer devices to more complex data center workloads," Vivek Arya, analyst at Bank of America, said in a note Tuesday, adding that Qualcomm is entering a "fast-growing but hyper competitive AI market full of large incumbents."

NPU refers to neural processing units, hardware designed to perform AI computing tasks.

Ahead of an investor meeting Wednesday, Qualcomm announced the acquisition of chip software startup Modular Inc. in an all-stock deal valued at nearly $4 billion that will help Qualcomm compete with Nvidia's CUDA ecosystem.

In addition to its advanced AI processors, Nvidia's lead in the data center market is solidified by the CUDA computing platform that makes its AI chips more efficient and easier to program.

On Wednesday, Nvidia CEO Jensen Huang told the annual shareholders meeting that while his company's systems "may not be the cheapest to produce, to purchase, but Nvidia generates the lowest cost tokens, the highest token throughput and the most revenues. "

Bloomberg reported last month that Qualcomm had struck a deal with ByteDance to supply the Chinese tech giant with custom AI data center chips. The deal is structured to fall within existing U.S. export control thresholds, a design choice that signals Qualcomm's intent to capture Chinese AI demand without irritating the White House.

The U.S. chip giant will likely face similar regulatory scrutiny as Nvidia and others over China exports.

The Trump administration unveiled new guidelines for the export of powerful AI chips to Chinese entities outside of China in June. The U.S. Department of Commerce said it will implement license requirements for Chinese companies headquartered in China, even if they are physically located outside the country.

China accounted for 46% of Qualcomm's revenue in 2025, mostly from smartphone chips. Qualcomm's CEO was part of a high-profile business delegation that accompanied Trump when he visited President Xi Jinping in China this May. Amon said Wednesday the company's presence at the leaders summit is an example of what a "win-win" relationship between the two countries looks like.

Amon said the epicenter of AI agent development is in China, with new agentic use cases emerging across platforms from smartphones and glasses to cars.

"Actually, when I talk about China, I am in a situation right now that I don't know who the mobile customers are anymore, because there are OEMs, but every single AI foundational model company building agents also are customers," he said.

Meanwhile, Qualcomm announced a deal with Saudi Arabian AI company Humain, which has committed to deploying 200 megawatts of Qualcomm accelerator racks, beginning this year.

The world's leading mobile chip developer, Qualcomm, has long been a leader in premium chips for flagship smartphones such as Samsung Electronics and Xiaomi, and has gradually expanded into the PC market. It announced its first chip for budget PCs at Computex in Taipei earlier this month.

Qualcomm still generates most of its revenue from mobile chips. For the latest quarter, its handset chip business reported a 13% year-on-year revenue drop to $6 billion, which accounted for 57% of its revenue in the January to March quarter. Its Internet of Things business, which includes PC chips, recorded a 9% sales jump on the year to $1.7 billion. By fiscal year 2029, however, the company expects handsets to account for only a third of revenue with data center products on par with smartphone chips.

Tyler Durden Thu, 06/25/2026 - 18:00

It's all to play for between Paraguay and Australia on Thursday night.

It's the USMNT's final group stage match.

California’s election system is a national joke. A new report blasts the state for the slowest vote count in the US due to fixable issues.

Staten Island Rep. Nicole Malliotakis is joining with a Democratic committee chair's effort to block President Trump from selling $750 million worth of jet engines to Turkey.

"This poll proves that New Yorkers are too smart to buy into Democrats' nonsense about 'saving democracy,'" New York Republican Committee spokesperson David Laska told The Post.

If you’ve found yourself thinking that the cost of streaming services has gotten out of control lately, you’re not alone. Luckily, the world of free streaming has expanded a lot in the past few years and there are a lot of services with legitimately great free offerings. Here’s how to get all of those great...

Ezra, a passionate 9-year-old Norway soccer fan, cried tears of joy when he went to his first World Cup game on Monday between Norway and Senegal.

When Bayville resident Fernando Rodriguez ordered his sub-par delivery from the now private equity- owned Jersey Mike's in April 2025, everything seemed fine — until he realized his teeth weren't the only ones taking a bite out of his lunch.

If you want to add another streaming service to your rotation, now's the time.

Peltz's famous husband was among the first to comment on the photo, writing, "Wow ❤️❤️."

Peltz's famous husband was among the first to comment on the photo, writing, "Wow ❤️❤️."

Pizza lovers, rejoice! One of the best pizzerias on the planet is expanding its footprint in Los Angeles.

Adani Targets 10 GW Nuclear Power Capacity In India By 2035

By Tsvetana Paraskova of OilPrice.com

Adani Group, the conglomerate of Indian billionaire Gautam Adani, could become India’s biggest private nuclear power capacity developer within a decade, targeting 10 gigawatts (GW) by 2035, as India opened its civil nuclear power sector to private investment. 

“Our entry into nuclear energy through Adani Atomic Energy is another confident step towards securing India's long-term energy future,” Gautam Adani said at the annual general meeting of Adani Group on Wednesday. 

“With land identified and a 10 GW targeted capacity by 2035, we are positioning ourselves early to serve the growing national demand for clean, round-the-clock power,” the billionaire said. 

A panel set up by India’s power ministry has said in a report that India’s goal to boost its installed nuclear power capacity to 100 gigawatts by 2047, up from just 8.8 GW now, would require as much as 19.28 trillion Indian rupees, or $204 billion at current exchange rates, of cumulative capital.   

The Indian government has said that its Nuclear Energy Mission targets 100 GW capacity by 2047 “through deployment of existing and emerging advanced nuclear technologies, both indigenous & with foreign cooperation.” 

Adani Group is reportedly in talks with the state government of India’s northern Uttar Pradesh state on a public-private partnership to build small modular reactors (SMRs) as India opens its nuclear energy sector to private investment.

Adani is in discussions with Uttar Pradesh officials to build eight SMRs with capacity of 200 megawatts (MW) each at yet-to-be-identified sites in the state, anonymous sources with knowledge of the matter told Bloomberg at the end of 2025.  

If the group meets its target to have 10 GW in nuclear capacity by 2035, it would become India’s third-largest operator of nuclear power capacity behind state-run Nuclear Power Corporation of India Limited (NPCIL) and state coal giant NTPC Limited. NPCIL currently operates all of India’s 8 GW of nuclear power capacity. 

Indian conglomerate Reliance Industries of another billionaire, Mukesh Ambani, is also considering investments in India’s nuclear power sector after the opening to private capital.

Tyler Durden Thu, 06/25/2026 - 17:40

Federal Judge Blocks Trump Admin's Mail-In Voting Restrictions, National Voter Database For Midterms

A federal judge in Boston has blocked key parts of President Donald Trump’s March executive order that sought to impose new limits on mail-in voting and create a nationwide list of eligible voters using federal citizenship data. The ruling, issued June 25 by Obama-appointed U.S. District Judge Indira Talwani, prevents the administration from enforcing the directives for the November midterms in the two dozen Democratic-led states and jurisdictions that challenged the order.

Judge Indira Talwani

Talwani found that no federal law authorizes the government to build the type of voter database outlined in the order or to use the threat of criminal prosecution to pressure state and local election officials into using it. The March order directed the Department of Homeland Security and Social Security Administration to compile a national list of potentially eligible voters based on citizenship information and share it with states. It also called for new design standards for mail ballot envelopes and directed the U.S. Postal Service to create its own list of voters eligible to receive mail ballots.

The judge wrote that there was no US law that authorized the federal government to create the type of voter databases Trump had called for and to use the threat of criminal prosecution to “intimidate” state and local officials into using those lists. -Bloomberg

The decision - which came one day after Postmaster General David Steiner told lawmakers that the USPS will no longer deliver mail-in ballots in states that refuse to provide voter data - adds to the legal obstacles facing the administration’s election-related initiatives as officials race to implement changes before the midterms. Challengers argued the order represented an improper federal intrusion into state-run elections and risked disrupting preparations and disenfranchising eligible voters. The administration has maintained that the steps are needed to strengthen election integrity and address concerns about fraud.

The U.S. Postal Service has been developing a proposed rule, required under the same March executive order, that would condition delivery of mail ballots on states providing lists of eligible absentee voters to the federal government. Steiner described the measure as a way to ensure ballots reach only eligible voters. Democratic lawmakers criticized the proposal as an overreach into state election authority. The rule is undergoing public comment and faces its own legal challenges.

Trump, meanwhile, has also pushed Republican lawmakers to pass legislation containing proof-of-citizenship and other voting restrictions, including the SAVE Act. During a fiery June 24 meeting with Senate Republicans, he declined to sign a bipartisan housing bill until Congress advances the voting measures. The closed-door session highlighted tensions within the party, though Republican leaders emphasized the need for unity ahead of the midterms. Trump and his allies argue that stronger verification requirements are essential to maintain public confidence in elections.

The order comes one day after another Obama-appointed federal judge in Boston blocked key portions of President Donald Trump’s executive order overhauling federal election procedures, ruling that the president exceeded his constitutional authority by attempting to impose new voting requirements without congressional approval.

U.S. District Judge Denise Casper concluded that the Constitution gives primary authority over elections to the states and Congress, not the executive branch. The ruling makes permanent a preliminary injunction Casper issued last year in a lawsuit filed by Democratic attorneys general from 19 states.

Tyler Durden Thu, 06/25/2026 - 17:20