Lam Research Corporation Rallies on Strong AIDriven Semiconductor Equipment Demand US Pauses Arms Sales to Taiwan Amid Iran Conflict Acting Navy Chief Indicates UK Public Borrowing Hits Highest Level Since Covid Era in April as Retail Sales Decline Amid Fuel Price Surge Alibaba Unveils Advanced Zhenwu AI Chip and New Large Language Model SAP SEs Cloud Migration Strategy Assessing Potential Benefits for the Enterprise Software Giant Huawei Plans New Smartphone Chip This Fall Intensifying Competition With Nvidia and Apple Reddit Stock Slides Nearly 6 After Meta Launches Standalone Forum App