Space IPOs, Mega-Hacks, and Tariff Twists: Non‑AI Tech News Roundup (Aug 8–9, 2025)
Sony raised its annual profit forecast by 4% to ¥1.33 trillion ($9 billion) after lower-than-expected tariff costs and strong PlayStation sales, with PS5 shipments up 4% in Q1. SMIC posted Q2 revenue of $2.2 billion, up 16%, but net profit fell 19.5% as factory utilization hit 92.5%. President Trump called for Intel CEO Lip-Bu Tan to resign over China ties, sending Intel shares down 3%.