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The memory chip industry is pushing back hard against Washington. The SEMI trade group, representing giants like Samsung, SK Hynix, and Micron, has sent a letter to the Trump administration urging it to keep hands off the memory market. The group argues that government intervention in pricing or production would actually deepen shortages rather than ease them, and is instead proposing tax deductions on consumer electronics as a softer path forward.
Shifting to artificial intelligence, Mark Zuckerberg is tempering expectations around one of the industry's most hyped frontiers. The Meta chief told reporters that progress on AI agent technology — the kind that can autonomously complete tasks on your behalf — is moving more slowly than the company anticipated. It's a notable admission from someone who has staked billions on AI becoming central to Meta's future.
And in the United Kingdom, Reform leader Nigel Farage is facing scrutiny after a Labour MP reported him to the parliamentary standards watchdog. The allegation is that Farage lobbied the Bank of England on crypto policy in ways that could financially benefit his largest donor, a major investor in the stablecoin issuer Tether. The watchdog has yet to announce whether it will open a formal investigation.
That's your tech briefing for now. Keep surfing. Tech Beat out.
