Technology

European startups that once chose the U.S. now skip Silicon Valley

European tech startups are increasingly staying in Europe rather than moving to Silicon Valley, as AI adoption, improved access to capital and the ecosystem effects of success stories such as Spotify and Klarna reshape the market. Swedish startups cite customer wins and higher valuations, while investors and executives describe a broader structural shift. Late-stage funding remains a challenge, but AI is seen as helping firms scale faster with less capital. Talent flows and competing views on Silicon Valley persist.

Industry

How long will memory boom last? "Belief that cycle has disappeared comes just before a crash"

Rising memory chip shares are helping lift U.S. and South Korean stock markets, but market experts warn it is risky to forget the industry’s inherent cycle, CNBC reported on May 25. The memory sector has grown on a surge in high-bandwidth memory demand since ChatGPT’s December 2022 launch. Executives say high prices could last for years due to structural supply shortages, but some investors warn that claims the cycle is over have often preceded sharp downturns.