CNBC Tech - Gaming

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1. Qualcomm drops 13% as chip stocks pull back from record AI-driven rally

   The recent rally has shown a broadening of the AI trade beyond chipmaking giant Nvidia.

2. Trump's China trip, Nadella's testimony, GM layoffs and more in Morning Squawk

   Here are five key things investors need to know to start the trading day.

3. EBay rejects GameStop's $56 billion takeover bid, calling it 'neither credible nor attractive'

   Many analysts questioned the deal, citing concerns about how GameStop would finance the transaction and the strategic rationale.

4. SoftBank has injected $450 million into this British AI chip company

   U.K.-based Graphcore is developing AI chips and systems and was acquired by the Japanese giant in 2024.

5. Amazon accelerates delivery race with 30-minute drop-offs in dozens of U.S. cities

   Amazon has been gradually speeding up its delivery windows, after getting customers hooked on two-day and next-day shipping.

6. EU to crack down on TikTok, Instagram's ‘addictive design’ targeting kids on social media

   "We are investigating platforms that allow children to go down "rabbit holes" of harmful content," EU Commission President Ursula von der Leyen said Tuesday.

7. OpenAI revenue chief Dresser says enterprise AI adoption is 'at a tipping point'

   The OpenAI Development Company is a partnership with 19 investment and consultancy firms and is majority-owned and controlled by the startup.

8. Google says it likely thwarted effort by hacker group to use AI for 'mass exploitation event'

   Hackers are rapidly adopting AI to find previously unknown software flaws even without the help of Anthropic's powerful Mythos model.

9. OpenAI trial: Nadella says Musk never raised concerns to him about Microsoft investment

   Elon Musk named Microsoft as a defendant in his lawsuit against OpenAI

10. Former Tesla CFO Deepak Ahuja joins EV battery recycler Redwood Materials

    Before joining Redwood Materials, Ahuja served as chief financial and business officer at the drone delivery startup Zipline for about three years.