From Intel to Samsung, global chipmakers are celebrating the beginning of the end of a semiconductor supply glut, but the outlook for demand from customers outside the artificial intelligence (AI) industry remains gloomy.

Cybersecurity agencies in Australia and the U.S. have published a joint cybersecurity advisory warning against security flaws in web applications that could be exploited by malicious actors to orchestrate data breach incidents and steal confidential data.

“Our Q2 results exceeded the high end of our guidance as we continue to execute on our strategic priorities, including building momentum with our foundry business and delivering on our product and process roadmaps," said Pat Gelsinger, Intel CEO. "We are also well-positioned to capitalize on the significant growth across the AI continuum by championing an open ecosystem and silicon solutions that optimize performance, cost and security to democratize AI from cloud to enterprise, edge and client.”

On Wednesday, the chip maker MaxLinear (ticker: MXL) shocked investors by announcing the termination of its deal to buy Silicon Motion Technology (SIMO). That happened just hours after the equally surprising news that the transaction had been approved by Chinese regulators, seemingly clearing the way for completion of a deal that pending for more than a year.

In a scathing letter sent to key federal agencies, Senator Ron Wyden called for multiple investigations of Microsoft Corp. over a breach of US officials email accounts by China-linked hackers.

Samsung Electronics will continue to reduce semiconductor output during the latter half of this year, to accelerate an earnings recovery by reducing inventory, the company said Thursday.

"We will make an additional adjustment to the production of both DRAM and NAND flash," Samsung Electronics Executive Vice President Kim Jae-joon, who is in charge of the memory business, said during a conference call on second-quarter earnings. "We will especially carry out a large-scale reduction in NAND production."

Cybersecurity performance measurement boards cover vulnerability management, endpoint protection, identity management, awareness, and incident response.

JERUSALEM :Check Point Software Technologies on Wednesday reported a higher-than-expected profit for the second quarter and said it was stepping up the use of artificial intelligence to protect against a growing number of AI-related cyber attacks.

Germany plans to invest around 20 billion euros ($22.15 billion) in the semiconductor industry in the coming years, the economy ministry said on Tuesday, as it seeks to attract global chipmakers to set up factories in the country.

US semiconductor manufacturer GlobalFoundries has criticized the German government's €20 billion ($22 billion) in semiconductor subsidies, claiming it will distort competition.

Germany's Federal Ministry for Economic Affairs has confirmed local semiconductor production will be boosted by the off-budget Climate and Transformation Fund starting next year.