OpenAI’s annualized revenue reached US$10 billion as of June 2025, nearly doubling from US$5.5 billion at the end of 2024, according to reports from CNBC, the Financial Times, and Reuters. The growth is largely driven by ChatGPT subscriptions and API services, excluding licensing deals and major one-time transactions with Microsoft.

Qualcomm CDMA Technologies (QCT), a unit of Qualcomm Inc., has finalized its acquisition of Israeli vehicle-to-everything (V2X) chipmaker Autotalks, reinforcing its push into connected car communications. The long-anticipated deal, delayed by two years of regulatory scrutiny, will strengthen Qualcomm’s position in automotive connectivity and safety, while sparking debate over potential impacts on market competition.

Taiwan Semiconductor Manufacturing Co. (TSMC) reported consolidated revenue of NT$320.52 billion (US$9.86 billion) for May 2025, down 8.3% from April but up 39.6% compared to May 2024. The company’s cumulative revenue for the first five months of 2025 reached NT$1.5093 trillion, marking a robust 42.6% year-over-year increase, placing its second-quarter performance on track to meet guidance.

In a dramatic shift in US immigration policy, the State Department on June 5, 2025, issued a directive halting visa approvals for students bound for Harvard University, including those on exchange programs—part of President Trump’s tighter immigration enforcement push. When a federal court temporarily blocked the move a day later, the department resumed processing those visas but imposed additional scrutiny, such as probing applicants’ social media footprints. Experts warn that with broad discretionary power in visa denial—often without explanation—many students could remain mired in indefinite “administrative processing” with little visibility into their case status.