A sweeping Republican-sponsored bill informally dubbed the “One Big Beautiful Bill Act” has cleared both chambers of Congress and now awaits President Donald Trump’s signature. Once signed into law, it will repeal the Inflation Reduction Act (IRA), a cornerstone of former President Biden’s climate and clean energy agenda, effectively marking the end of a short-lived era of generous federal subsidies for electric vehicles and renewable energy.

As competition intensifies in the AI hardware boom, Jabil is emerging as a pivotal force, leveraging its global supply chain expertise and strategic partnerships to secure long-term contracts and outmaneuver rivals. Amid surging demand for advanced data center infrastructure, the company’s targeted investments in US-based manufacturing, thermal management technologies, and factory automation are positioning it as a key beneficiary of this accelerating industry shift.

Samsung Electronics has introduced its latest flagship foldable smartphones, adding fresh momentum to what is shaping up to be a pivotal year for the foldable device market. While Samsung remains one of the pioneers in this category, it now faces intensifying competition from Chinese smartphone makers, which some industry executives believe could help grow the overall market, rather than diminish its prospects.