As part of $59bn AI, data center, and 'growth area' investment

No sanctions mean that it's time for the DRAM company to raise money

But company expects data center sales to pick up later in the year

Company hopes that this is rock bottom

16 percent of workforce to be cut at the profitable company

Expects to spend big on generative AI

"I am optimistic about the future," CEO says

Provisional agreement to subsidize EU semiconductors

But his reasons for why it will be safe are built on shaky grounds

Developers looking for success outside of key markets

OpenAI's cofounder among the investors

Plans for first deployment this year

Musk's Twitter is still $70m behind on payments

Local consolidation in land-constrained market

Securing itself another cloud customer

CMOS vs diamonds

Company says that businesses not seeing if cloud exit makes sense are "committing financial malpractice"

And a major shareholder reduces its stake

That customer is believed to be Microsoft

Jean-Pascal Tricoire to step down after nearly 20 years at the helm

After only buying into the chipmaker in November

But overall growth means space for enterprises

The good times will keep on rolling, Legrand believes

Addressing fears of cyclical market, impact of hyperscale layoffs, and global slowdown