---
title: "Dow Jones Top Company Headlines at 1 AM ET: Alibaba Unveils New AI Chip, Upgrades AI Model | Samsung ..."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/287009778.md"
description: "Alibaba has launched the Zhenwu M890 AI chip, boasting three times the performance of its predecessor. Samsung's management failed to reach a deal with the union. Analog Devices plans to acquire Empower Semiconductor for $1.5 billion. Agnico Eagle approved a $2.4 billion investment in a gold project. Home Depot reported lower profits as homeowners delay projects, while United Airlines anticipates serving 53 million travelers this summer."
datetime: "2026-05-20T05:21:25.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/287009778.md)
  - [en](https://longbridge.com/en/news/287009778.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/287009778.md)
---

# Dow Jones Top Company Headlines at 1 AM ET: Alibaba Unveils New AI Chip, Upgrades AI Model | Samsung ...

Alibaba Unveils New AI Chip, Upgrades AI Model

The Chinese company said the Zhenwu M890 delivers three times the performance of its predecessor.

\----

Samsung Management, Union Fail to Reach Deal in Last-Minute Talks

The South Korean chip maker said it couldn't accept the union's demands, including compensation even for unprofitable business units.

\----

Analog Devices to Buy Empower Semiconductor for $1.5 Billion

The deal will help Analog Devices expand its total addressable market in artificial-intelligence compute power delivery as demand from AI developers climbs, the semiconductor company said.

\----

Andrej Karpathy, Tesla Alum and OpenAI Co-Founder, Joins Anthropic

Karpathy joined Anthropic's pretraining team and will lead a new group focused on using Claude to accelerate pretraining research, according to the company.

\----

Agnico Eagle Approves $2.4 Billion Investment in Gold Project

The Toronto miner's investment in the Hope Bay project revives a mine in Canada's Arctic that China had hoped to run.

\----

Toll Brothers Says Its Average Home Prices Back Above $1 Million

The luxury homebuilder said the average price of homes it completed sales on last quarter broke above $1 million for the first time since mid-2024.

\----

Cava Revenue Climbs as Traffic Grows

The Mediterranean fast-casual restaurant chain said it expects its momentum to continue, boosting its fiscal-year guidance.

\----

Google Unveils New Gemini AI Agent for Personal Tasks

The tech firm highlights both Spark and Omni, a video-creation tool, at its annual developer conference.

\----

Emails Show How Lululemon's Peace Treaty With Its Founder Fell Apart

A surprise note from the company's chair marked an escalation of the fight after the two sides appeared close to coming to terms.

\----

Fermi's Ousted CEO Pushes for Board Overhaul Vote in June

Toby Neugebauer, the co-founder, largest shareholder and former chief of Fermi, looks to wrest back control of the company from its new management.

\----

Berkshire Hathaway Rekindles Its Tortured Love Affair With Airlines

CEO Greg Abel is showing an early fondness for them with Berkshire taking a new $2.6 billion position in Delta during the first quarter.

\----

TJX Results Will Show if Shoppers Are Still Bargain Hunting

TJX Cos., owner of TJ Maxx and Marshalls, will report earnings on Wednesday. Shares traded up going into the report.

\----

Home Depot Posts Lower Profit as Homeowners Hold Off on Large Projects

Home Depot reported lower fiscal first-quarter profit and Chief Financial Officer Richard McPhail said in an interview that homeowners are continuing to pull back on large home-improvement projects due to economic uncertainty.

\----

United Airlines Expects an Uptick in Summer Travelers

United Airlines said it expects to serve about 53 million travelers this summer-about 3 million more than last year.

(END) Dow Jones Newswires

May 20, 2026 01:15 ET (05:15 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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