Author: Daniel snow

People board Ryanair plane at Rome Ciampino Airport in Ciampino, Italy on April 27, 2025.Nurphoto | Nurphoto | Getty ImagesAirlines are facing an uphill battle during peak travel season as delivery delays at Boeing and Airbus fuel a commercial jet shortage.The ongoing capacity issue remains a cause of concern for the industry even as many appear upbeat on the demand outlook.”Demand looks good for the summer,” EasyJet CEO Kenton Jarvis told CNBC’s “Squawk Box Europe” on Thursday.”As you said, our book position for both our third quarter, which ends in June, and our fourth quarter, which ends in September, are…

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Behind highly secured doors in a giant lab in the Netherlands, there’s a machine that’s transforming how microchips are made. ASML spent nearly a decade developing High NA, which stands for high numerical aperture. With a price tag of more than $400 million, it’s the world’s most advanced and expensive chipmaking machine. CNBC went to the Netherlands for a tour of the lab in April. Before that, High NA had never been filmed, even by ASML’s own team.Inside the lab, High NA qualification team lead Assia Haddou gave CNBC an exclusive, up-close look at the High NA machines, which she said…

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Sam Altman, chief executive officer of OpenAI, during a fireside chat organized by Softbank Ventures Asia in Seoul, South Korea, on Friday, June 9, 2023. SeongJoon Cho | Bloomberg | Getty ImagesSam Altman’s $6.4 billion bet on Jony Ive is a callback to strategy employed by another Silicon Valley tech billionaire: Meta CEO Mark Zuckerberg.OpenAI on Wednesday said it’s buying Ive’s nascent devices startup io in what is by far the largest acquisition in the artificial intelligence company’s 10-year history. It’s a decidedly big bet on a secretive hardware company co-founded by Ive, who famously designed Apple’s iconic iPhone, iPod and…

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