Consumer Tech News (Mar 30-Apr 2): Tesla, Nio, XPeng Drive EV Growth, Apple iPhone 17, Meta Ray-Ban Launches & More

Software and Semiconductors

• Microsoft Corp (NASDAQ:MSFT) is accelerating its shift toward in-house AI development with a new lineup of models designed to improve speed, efficiency, and cost across core enterprise use cases.
• Microsoft has reportedly entered an exclusivity agreement with Chevron (NYSE:CVX) and Engine No. 1.
• International Business Machines Corp. (NYSE:IBM) announced a strategic collaboration with Arm Holdings Plc (NASDAQ:ARM) to develop dual-architecture hardware for AI and data-intensive enterprise workloads.
• Advanced Micro Devices Inc. (NASDAQ:AMD) said it is positioning its processors at the core of next-generation space missions as NASA shifts toward sustained lunar and deep-space exploration.
• Intel Corp (NASDAQ:INTC) agreed to buy back Apollo Global Management, Inc'.s (NYSE:APO) 49% stake in its Ireland Fab 34 joint venture for $14.2 billion, taking full ownership of the facility.
• Applied Digital Corp (NASDAQ:APLD) amended and restructured its data center lease agreements with CoreWeave, Inc (NASDAQ:CRWV) while adding new credit support mechanisms tied to the arrangements.
• Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM) plans to begin equipment installation and mass production of advanced 3-nanometer chips at its second Japan facility in 2028.
• Taiwan Semiconductor secured government approval to deploy its advanced 3-nanometer process at its second semiconductor facility under construction in Kumamoto, Japan.
• Aehr Test Systems (NASDAQ:AEHR) secured a new silicon photonics customer, signaling continued demand tied to AI-driven data center expansion.
• Marvell Technology, Inc (NASDAQ:MRVL) announced a deal with Nvidia Corp (NASDAQ:

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