Bloomberg’s Ed Ludlow and Caroline Hyde break down Broadcom's plunge after the company's sales outlook failed to meet investors' lofty expectations. Plus, China eyes the largest ever state-backed incentives for its pivotal chip sector, and White House AI Czar David Sacks joins to weigh in on President Trump's executive order aimed at limiting state-level regulation of AI.

Anthropic Draws Investor Offers at Over $800 Billion Value
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Amazon to Buy Globalstar for $11.6 Billion
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Regulators Warn of New Era of Cyber Risk from AI
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