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US tech stocks see sharp falls over AI cost concerns

US stocks have continued to slide as concerns continue to intensify over the increasing costs of the artificial intelligence (AI) build out.

Shares in Intel continued their overnight slide into early trading on Friday, falling as much as 30% after the chip maker warned of a weaker computer market even as it plans to increase spending on AI.

Amazon shares fell as far as 6% before recovering after its reported earnings on Thursday evening fell short of investors’ expectations.

The tech-heavy Nasdaq stock exchange opened on Friday at its lowest level in more than two months, down 2.5%, as other tech stocks including Reddit and Roblox continued to fall.

The losses follow the value of Google owner Alphabet plunging by more than $500bn on Thursday after it revealed its own AI summaries were affecting its core search advertising revenue.

Alphabet stock continued to fall in early trading, down 1% after Thursday’s massive slide.

The bigger losses on Friday were elsewhere, with Intel on track to lose more than $130bn in value after its earnings update rattled investors.

On Thursday, Intel’s finance chief David Zinsner said the firm did not expect positive cash flow this year, and forecast lower-than-expected revenue for its fourth quarter.

“Looking ahead, we see the PC slowdown continuing at least through the first half of next year,” he said in the chip maker’s third quarter earnings report.

In the earnings call, he said the firm had significantly ramped up investment in equipment in the third quarter and expected that to be “even more significant” in the following three months.

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College football: No. 6 Indiana avoids upset; No. 8 Texas Tech falls

Josh Hoover had a four-yard touchdown run in overtime and No. 6 Indiana then kept Michigan out of the end zone in a 13-6 win on Saturday in Ann Arbor.

The defending national champion Hoosiers (7-1, 4-1 Big Ten) avoided losing two in a row for the first time in three years with coach Curt Cignetti — and won at the Big House for the first time since 1967.

The Wolverines (4-3, 1-3) started quarterback Tommy Carr and sat Bryce Underwood, but the freshman didn’t fare as well as he did last week coming off the bench in a win over Penn State.

Carr lost a fumble on an ill-advised pitch in the first quarter and had a pass intercepted in the second half. He took sacks in the second and third quarters that led to missed field goals, including a 32-yard kick after advancing to the Indiana one-yard line.

Michigan reached the Hoosiers three in the final minute of regulation when Carr was sacked for a fourth time, leading to a 26-yard field goal as time expired.

at Cincinnati 37, No. 8 Texas Tech 24: Cole Tabb had a career-high 173 rushing yards and a touchdown while JC French IV threw for a career-high four touchdown passes in the Bearcats’ stunning upset.

It was the Bearcats first win over a top-10 team at home since Nov. 18, 2006, when they defeated No. 7 Rutgers 30-11. Cincinnati won at ninth-ranked Notre Dame in 2021.

The Red Raiders (6-1, 3-1) failed go 7-0 for the first time since 2013 and were plagued by mistakes all afternoon.

at No. 1 Miami 52, Pittsburgh 23: Malachi Toney had a school-record 16 catches and Dariah Mensah threw for 387 yards and four touchdowns in the Hurricanes’ first game as the nation’s top-ranked team in nearly 24 years.

Toney finished with 194 receiving yards and three touchdown catches, while Javian Mallory rushed for two scores and Mark Fletcher Jr. moved into the No. 2 spot on Miami’s all-time list with the 33rd rushing TD of his career.

Miami native Blue Hicks had five catches for 149 yards and a touchdown for Pitt (5-3, 2-3), which dropped its third consecutive game.

No. 10 Louisiana State 38, at Auburn 17: Sam Leavitt accounted for four touchdowns, including two throws to speedster Jackson Harris, and the visitors ended an eight-game, road-losing streak in Southeastern Conference play.

Leavitt completed 32 of 45 passes for a career-high 387 yards, ran for 54 more and played turnover-free football for the second consecutive week.

LSU (6-2, 4-2 SEC) scored on five of six possessions in the first half to take a commanding 31-10 lead into halftime. Harris caught nine passes for 178 yards, scoring on a 10-yard strike and turning a 12-yard crossing route into a 70-yard sprint.

Auburn (4-3, 2-3) seemed to have a letdown a week after stunning then-No. 1 Georgia on the road.

at No. 23 Southern Methodist 59, California 20: Kevin Jennings threw three touchdowns to break the Mustangs’ career record while Kendrick Raphael ran for 104 yards while accounting for three scores, two on fourth-down plays, in the rout.

SMU (6-1, 4-1 ACC) trailed at halftime before scoring touchdowns on their first six drives after the break, when it gained 306 of its 492 total yards. Jennings, already SMU’s career leader for passing yards (9,766) and completions (781), surpassed the 72 scoring passes by Tanner Mordecai from 2021-22.

Freshman running back Christian Rhodes had touchdown runs of five and three yards in SMU’s scoring surge in the second half, while Cal (3-5, 2-3) opened with three consecutive three-and-outs.

at No. 24 Northwestern 42, Rutgers 14: Aidan Chiles threw three touchdowns for the third time this season and rushed for two others to lead the Wildcats to a fourth straight victory.

Caleb Komolafe rushed for 150 yards and a TD, including a 56-yard dash. Griffin Wilde, who finished with 133 receiving yards, Alex Honig and Drew Wagner caught passes for scores as Northwestern (6-1, 3-1 Big Ten) raced to a 28-3 lead late in the first half.

Antwan Raymond rushed for 150 yards on 18 carries and the lone Rutgers (2-5, 1-3 Big Ten) touchdown, a 46-yard run late in the third. The score was set up by the first interception thrown this season by Chiles, who finished with 219 passing yards and 83 rushing.

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US tech stocks tumble as investors fret over AI spending | Business and Economy News

Tech-heavy Nasdaq falls 2.6 percent as debate rages over whether AI is a bubble.

US tech stocks have dropped sharply amid market jitters over the sustainability of companies’ enormous capital investments in AI.

The Nasdaq Composite, which is dominated by tech firms linked to the AI boom, fell 2.6 percent on Thursday, its steepest fall since the index tumbled 4.2 percent on June 5.

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The broader S&P 500 slid 1.21 percent, the benchmark’s biggest drop since a 1.52 percent decline on July 29.

Apart from Apple, each of the “Magnificent 7”, which make up more than one-third of the overall market, saw substantial losses.

Meta dropped nearly 7 percent after it raised its projected capital spending for this year to $135bn to $145bn in its latest earnings report, even as the Facebook parent company’s net profit fell short of expectations.

Amazon fell 4.6 percent, while Nvidia dropped 4.4 percent.

Tesla and Alphabet both fell 3.1 percent, while Microsoft declined 2.2 percent.

Apple rose 1.2 percent.

The sell-off extended to other major tech players, including Intel and Advanced Micro Devices, both of which fell about 8 percent, and Broadcom, which slid 4.3 percent.

Rising oil prices since February, due to the fallout of the US-Israel war on Iran, added to the downbeat mood.

Brent crude futures rose 4 percent on Thursday and continued to climb on Friday morning, taking the international benchmark above $114.20 a barrel, its highest since May.

Stocks slip in Asian trading

Major stock markets in Asia opened lower on Friday, following the losses on Wall Street.

Japan’s benchmark Nikkei 225 fell more than 2 percent in morning trading before recovering some ground, while South Korea’s KOSPI dropped as much as 3.5 percent.

The Hang Seng Index in Hong Kong fell about 0.5 percent.

Jay Goldberg, a senior analyst at Seaport Research Partners in San Francisco, said the swings in the market appeared to be driven more by sentiment than underlying fundamentals.

“In short, nothing has changed. Investors have just decided to be afraid this week. Everyone I speak to points to a different cause for the downfall … It’s just a giant wall of worry,” Goldberg told Al Jazeera.

“There are legitimate concerns about the AI trade, but this level of shift in the markets is driven much more by investor sentiment than any tangible reason.”

US tech companies’ huge investments in AI have stoked intense debate about whether a market bubble is forming similar to the one that preceded the 2000 dot-com crash.

While some Wall Street analysts view current levels of investment in datacentres and graphics processing units as unsustainable, others argue that AI will revolutionise society to a degree that justifies the eye-watering sums involved.

Global AI investment is forecast to reach $2.7 trillion in 2026 and $3.6 trillion in 2027, according to technology insights company Gartner.

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Alaska’s HAARP Site Now Being Used To Test New Air Force Over-The-Horizon Radar Tech

The U.S. military has successfully demonstrated a new lower-cost receiver that could form part of a future over-the-horizon (OTH) radar. The testing also raises the question of whether the High Frequency Active Auroral Research Program (HAARP) research site in Alaska, which the U.S. Air Force transferred away more than a decade ago, could be repurposed for operational use in this role. A new radar of this kind would help the United States plug critical gaps in surveillance coverage over the ever-more strategic Arctic region. Canada is notably already pursuing a multi-billion-dollar OTH radar project in cooperation with Australia for this exact purpose.

The U.S. military put out a press release yesterday regarding the testing of the newly developed receiver array, which occurred between September 7 and September 11. This was the culmination of a series of “Arctic air domain awareness” experiments conducted cooperatively by U.S. and Canadian authorities over the past three years.

An aerial view of the HAARP site in Alaska, taken on September 7, 2026. USAF

The final round of experimentation last month “examined whether an existing high-frequency transmitter [HAARP], paired with a newly developed, low-cost [16-element high-frequency] receiver array, could detect aircraft beyond the coverage of current long-range radar sites,” according to the release. “The effort focused on improving awareness across a region where vast distances, harsh weather and limited infrastructure present challenges for air surveillance.”

“Researchers used the University of Alaska Fairbanks’ High Frequency Active Auroral Research Program [HAARP] facility and a receiver array in Cold Bay developed by MITRE to collect data on participating aircraft over the Gulf of Alaska and Bering Sea,” the release added. “MITRE also supported the effort throughout the three-year experiment series and designed and executed the field experiment in partnership with government, scientific, and operational participants.”

A view of the MITRE-developed array in Cold Bay, Alaska, which was part of the testing in September. USAF

The remote HAARP site was built in the 1990s as part of a joint U.S. Air Force and U.S. Navy effort. The Defense Advanced Research Projects Agency (DARPA) was also involved. The central component of the 33-acre facility is an array of 180 crossed-dipole antennas, which can transmit up to 3.6 megawatts of radio frequency energy, according to the Air Force.

The primary purpose of HAARP was to provide U.S. government and independent researchers with a state-of-the-art facility to explore ionospheric phenomena. On the U.S. military side, work was focused on improving long-range surveillance and communications capabilities, including ways to communicate with submerged submarines. Over the years, HAARP has also been the subject of several entirely unsubstantiated conspiracy theories.

In 2014, the U.S. Air Force announced that it would shutter the HAARP site and dismantle it. However, the following year, the decision was instead made to transfer it to the University of Alaska Fairbanks, which has continued to operate it as a civilian research facility.

“During an experimental air domain awareness initiative, HAARP served as a high-power illuminator, transmitting signals toward the ionosphere to support the detection of airborne targets over Alaska’s maritime approaches,” according to the captions of several pictures that accompanied the release yesterday. “The experiment evaluated bistatic over-the-horizon detection methods to explore potential improvements in long-range surveillance and air domain awareness across Alaska’s maritime approaches.”

Another view of crossed-dipole antennas at the HAARP site. USAF

The most common types of OTH radars are so-called ‘skywave’ or ‘backscatter’ designs. They usually consist of two large and geographically separated arrays of antennas. The ‘illuminator’ array pumps out signals that are bounced off the ionosphere, the ionized layer of Earth’s upper atmosphere, at a specific angle so that they return to the ‘receiver’ array. Objects of interest (in the air and/or on the surface depending on the specific configuration) are detected in the process. As TWZ has previously written:

“Commonly, radars are limited by line of sight due to the curvature of the Earth in relation to the altitude they are operating at. OTHRs overcome this critical limitation, but with some major drawbacks.”

…

“While they offer much lower fidelity than many of their line-of-sight counterparts in most cases, they make up for it in huge range, hundreds of miles to thousands of miles (1,500 miles is common, for instance, for powerful military sky wave/backscatter OTHR systems) and a large coverage area. The sky wave type of OTHRs achieve this by bouncing their radio waves off the ionosphere to a coverage area where they hit targets and return the same way to the receiving station. The angle at which the radio waves hit the ionosphere dictates the range, and that angle is limited to a specific envelope or the waves won’t properly bounce back toward Earth. As such, placing the radar in the right place in relation to the targeted surveillance area or areas, to begin with, is key.”

In the testing last month, Air Force E-3 Sentry Airborne Warning and Control System (AWACS) radar planes, HC-130J Combat King II rescue aircraft, and KC-135 aerial refueling tankers “served as cooperative targets, providing known positions against which researchers could compare the experimental data,” according to the official release. “The team successfully completed testing, meeting or exceeding its test execution objectives. Initial results show the system was successfully able to achieve full skywave (beyond line of sight) detections of aircraft and correlation to truth flights. Thorough data analysis is ongoing.”

An Alaska-based E-3 Sentry receives fuel from a KC-135 tanker during an exercise in 2022. USAF
An HC-130J Combat King II seen landing at Joint Base Elmendorf-Richardson in Alaska in August. USAF/Alejandro Pena

The release also says that the tests “explored how existing infrastructure and emerging technology could complement current surveillance capabilities.” This raises the possibility that the HAARP site, specifically, might be utilized as part of a new OTH radar. Whether or not this is actually under consideration is still unclear, and TWZ has reached out for more information.

Regardless, OTH radars have been experiencing something of a renaissance in recent years in the United States and elsewhere globally. Separate reports just in the past day or so have highlighted what appears to be significant progress on at least one part of a long-planned OTH radar in Russia’s Kaliningrad enclave.

Outside of Alaska, the U.S. military has been working to establish a Tactical Mobile Over-the-Horizon Radar (TACMOR) site in the South Pacific archipelago nation of Palau. The originally stated goal had been to finish work on this facility in 2026, but the project has faced legal challenges.

As already mentioned, OTH radars have also been part of U.S. plans to improve surveillance coverage in the Arctic. Like the recent testing in Alaska, there has been significant cooperation with Canada in this regard over the years, including through the U.S.-Canadian North American Aerospace Defense Command (NORAD).

Today, NORAD relies heavily on a network of ground-based radars called the North Warning System (NWS) to provide aerial surveillance coverage in the High North. The radars that make up the NWS are also all pointed northward, and none of them provide the kind of wide-area long-range coverage that an OTH design would offer.

A map showing NWS radar sites in Canada and their coverage arcs. Nasittuq Corporation

The NWS reflects a long-standing focus on monitoring for aerial threats heading across the North Pole toward North America, especially possible nuclear strikes from Russia (and the Soviet Union before it). However, new avenues for geostrategic competition in the Arctic with Russia, as well as China, over natural resources, from oil and natural gas to fish and other sealife, as well as trade routes have emerged in recent years amid receding ice and other impacts of global climate change. This, in turn, has only prompted growing demand for surveillance coverage.

“We need a layered sensing grid, from [the] seafloor to the space layer. And we have no choice. It has to be layered and deep, a defense in depth, from a sensing point of view,” Royal Canadian Air Force (RCAF) Maj. Gen. Chris McKenna, head of 1 Canadian Air Division and the Canadian NORAD Region, also said during a panel discussion at the Air & Space Forces Association’s (AFA) annual Warfare Symposium in 2025, at which TWZ was in attendance. “And I will say I suffer from an insufficiency of ISR [intelligence, surveillance, and reconnaissance] in the Arctic on a daily basis. And I am fighting for information.”

McKenna was responding at the time to a direct question about gaps in so-called “domain awareness” in and around the Arctic and how to address them.

“I think there’s an importance here of not just air domain, but also space domain, and having a sufficiency of ISR in the Arctic to actually build you the [domain awareness] picture,” he added. “I haven’t really touched on over-the-horizon radar, but I certainly can get into it. I think that’s a really important capability given the austerity of the Arctic and the need for it to cue other things.”

For its part, Canada is now building its own new Arctic Over The Horizon Radar (A-OTHR), at an estimated cost of more than $4 billion. In an announcement last year that caught many off guard, the Canadian government announced that it would be leveraging technology originally developed for Australia’s Jindalee Operational Radar Network (JORN) to support this development. It is also important to note here that relations between Canadian authorities and the Trump administration have been and continue to be heavily strained over a variety of issues, which has prompted broad concerns about future defense and security cooperation.

An element of Australia’s Jindalee Operational Radar Network (JORN). Australian Department of Defense

Back in the United States, OTH radar plans are also now tied in with the broader Golden Dome air and missile defense initiative. Golden Dome is seeking to establish new layers of defense around the U.S. homeland against a wide array of threat types, and puts major emphasis on new space-based sensor and interceptor capabilities. Expanded defensive architectures within the Earth’s atmosphere are also part of this plan.

“Adversaries are developing and building advanced nuclear and conventional delivery capabilities,” U.S. Army Lt. Gen. Joseph Jarrard, Vice Commander of the U.S. element of NORAD and Deputy Commander of U.S. Northern Command (NORTHCOM), warned at the annual Space & Missile Defense (SMD) Symposium in August. This includes “cruise, hypersonic, and ballistic missiles, as well as fractional orbital bombardment systems, or FOBS, to threaten not only Alaska and Hawaii, but the entire continent of the United States.”

Chinese hypersonic and other developments, in particular, enable new modes of attack that “can approach North America from the south, rather than the traditional northerly vector for which our legacy early warning radars were designed,” Jarrard continued. “The Chinese have also been building a conventionally-armed ICBM [intercontinental ballistic missile] equipped with hypersonic glide vehicles that can range [sic] targets throughout Alaska, providing Chinese leaders strike options against our homeland below the nuclear threshold.”

“Russia’s advanced missiles, like the nuclear-armed Avangard hypersonic glide vehicle, are designed to circumvent the ground-based radars used by NORAD and NORTHCOM to detect and characterize an inbound threat, and challenge the ability to provide threat warning and attack assessment,” he added.

New OTH radars positioned in Alaska and elsewhere in the Pacific will not be able to address all of these threat developments alone. At the same time, the recent testing leveraging the HAARP site is another step toward meeting demands for sorely needed expanded long-range radar coverage in the Arctic.

Contact the author: joe@twz.com

Joseph is TWZ’s Deputy Editor, helping to oversee the site’s highly experienced and dedicated team, while also writing informative and impactful defense and national security content. He lives right in the thick of it in the Washington, D.C. area.


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In ‘Cupertino,’ real-life tech issues drive the show’s legal cases

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The biggest tech battles many people face are things like frequent two-factor authentication, a time suck that makes you want to hurl a device across the room, and sigh-inducing texts to parents letting them know that the video of a cat cooking eggs they 100% believe is real is actually AI slop.

But in “Cupertino,” the legal minds at the center of the show are taking on more consequential tech disputes in the courtroom.

The series joins a wave of recent films and TV shows exploring and confronting the rapidly evolving tech sector. Created by Robert and Michelle King, veterans of the legal drama genre with shows like “The Good Wife” and its spinoff “The Good Fight,” the Silicon Valley-set courtroom drama is interested in David vs. Goliath tension. It follows Michael Price (Mike Colter), an attorney fired by his tech startup employer S-Talk, as he teams up with fellow ousted lawyer Olivia Siffre (Rachel Keller) to launch their own ad-hoc law firm to take on cases — including their own — for everyday people against tech giants.

“There are big companies that have a lot of money, deep pockets — they could suffocate you, they can bog you down in litigation to the point where you can’t financially match them,” Colter said. “They’re planning on people just rolling over because they don’t want to deal with it. That’s where Michael and Olivia come in. We get the justice for people who otherwise won’t see any. I’m just excited and intrigued by the stories they [the Kings] want to tell here.”

The Kings’ exploration of tech’s litigation underbelly arrives at at a critical moment. High-stakes conflicts over artificial intelligence, data privacy, workplace culture, antitrust laws and other issues are dominating the news and defining our modern era. “The headlines, the way that it lines up is crazy,” Keller said. “It’s really important some of the cases they’re bringing to the show — real things that are happening to real people.”

But the show’s origins are grounded in personal history — Robert grew up in San José; his father worked on mainframes for IBM and the now-defunct Control Data Corp. before personal computers took over — and a desire to bring a fresh backdrop to the Kings’ signature legal drama style.

“When you go back and visit family, you started to see how Silicon Valley — we just call it the Bay Area — was changing,” Robert said. “Not only in the make of cars that everyone was buying, but in these massive offices that were taking over suburban streets; homes were just being plowed under and house values were going up. There was good and bad. It started with that — how much it was changing the world.”

They were also inspired to explore a new legal angle: “It felt like other shows weren’t really looking at the way tech was impacting the law,” he said.

“We were less interested in looking at the tech titans than the Davids of this world — the people that were fighting them,” Michelle added. But she stresses the show is not anti-tech or meant to be a soapbox, even while showing the power everyday people can and do wield: “It wasn’t created to be vegetables. It’s created to be crème brûlée — it’s meant to be funny, or tasty. If it isn’t delicious to people, I really feel as though we’ve wasted our time.”

Fans of “The Good Wife” or “The Good Fight” are familiar with how the Kings turned emerging tech issues — particularly ones involving Google, Amazon or Facebook — into narrative catalysts for cases. It was often through the lens of a fictional tech giant known as ChumHum, a Google-like search engine created by a guy named Neil Gross (John Benjamin Hickey), that got embroiled in a variety of cases, including ones about secrecy and search result modifications. “Cupertino” blends real and fictitious companies.

The second episode of the CBS drama aired Thursday. We spoke with the Kings to unpack some of the cases they chose to kick off the season.

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White House targets Stanford, Caltech and tech giants in visa crackdown

The White House is expanding its campaign against international workers, targeting elite study and work visa holders with restrictions and a new investigation.

On Thursday, the Trump administration announced a probe into whether Stanford, Caltech, UC Davis and other universities across the country have been abusing a special visa used by international scholars and students to do research and work in the U.S. It is also suspending Microsoft, Adobe and six other tech companies from how they sponsor employees who are in the country under a highly skilled worker visa program.

The White House’s concern is that schools and companies are too quick to bring in people from outside the U.S. The moves rattled Silicon Valley executives and California educators who see easy access to the smartest, hardest-working people in the world as one of America’s greatest competitive advantages.

Vice President JD Vance said the universities being investigated are overusing J-1 visas to bring in students and researchers from abroad. The international scholars then take jobs and grants that could go to Americans.

“They are using these visas way too much,” he said. “They are using them to undercut the wages of American grad students and American researchers, and it simply has to stop.”

Harvard, Yale, Brown, the University of Pittsburgh, Arizona State and MIT will also be investigated.

Labor Department Inspector General Anthony D’Esposito said subpoenas have been served and “nobody will be getting a free pass because their name is carved into an expensive building.” Many universities have buildings named for foreign donors.

While most of the companies targeted for the tech visa restriction were Indian, Vance called out Microsoft.

“There’s been no company, unfortunately, in the United States that has abused this system more than Microsoft,” Vance told reporters at a White House news conference.

Vance said the company has abused the permanent labor certification program, which he argued has enabled Microsoft to hire international talent that is then paid less to replace American workers.

The new development suspends Microsoft from applying for green cards for workers who come to the U.S. on H-1B visas and later apply to become permanent residents.

American technology giants have relied on the H-1B visa program for decades to bring in thousands of skilled foreign workers they cannot find locally. Critics have accused the program of being riddled with fraud and abuse.

The administration’s power move came the same day President Trump awarded the National Medal of Technology and Innovation to two prime examples of international talent who came to the U.S. on student and work visas: Microsoft Chief Executive Satya Nadella and Tesla’s Elon Musk.

Cognizant, Infosys, Tata Consultancy Services, Wipro, HCL and Capgemini were also on the list of companies that will no longer be able to apply for permanent residence status for their H-1B employees.

Microsoft defended the use of H-1B and said in a statement that it looked forward to sharing additional information with the administration. In a post, it said that of the thousands of H-1B visa applications it submitted in the last fiscal year, 80% were to extend or change the status of existing Microsoft employees.

“They equal only 1% of our U.S. workforce. They are not new arrivals to our country,” the company said. “Microsoft only files H-1B petitions for those who meet the rigorous standards of this visa category.”

There’s a limit of 85,000 H-1B visas issued in a fiscal year, and they are selected through a lottery system. Last year, Microsoft was the third-largest beneficiary of the program, with 6,258 H-1B visas, according to data from U.S. Citizenship and Immigration Services. Amazon led the list, employing more than 13,000 H-1 B visa holders; Adobe had 777 approved applications.

The Thursday announcement has sparked confusion among technology workers and companies. Immigration lawyers point out that the action is not a blanket suspension of green card applications for all employers, but a targeted enforcement freeze on the Permanent Labor Certification program for the eight named corporations.

Proponents of H-1B note that Silicon Valley’s biggest tech companies are founded or run by immigrants, and the efforts to thwart H-1B have already started stifling talent flow and startup creation.

“It’s only going to probably hurt some companies and hurt the best and the brightest that are coming here,” said Devashish Mitra, professor of economics at Syracuse University. “It’s like throwing the baby with the bathwater.”

The J-1 investigations follow other actions, making it more difficult for international students to come to U.S. campuses. This year, the Department of Homeland Security said it wanted to end a “duration of status” visa policy that lets students stay in the U.S. through the completion of their programs and limit stays to four years. A federal judge blocked the change, and the government is appealing.

The Trump administration has also proposed charging colleges $70,000 per student for Optional Practical Training, which lets international students work in their fields of study for a limited number of years after graduation. Students now pay about $500.

In a statement, a Stanford spokesperson said the campus “complies with all applicable visa laws, including those relating to J-1 visas. We will cooperate with the investigation.”

A UC Davis spokesperson said the university “carefully complies with all federal laws and regulations for visas and looks forward to working with our federal partners to confirm compliance.”

A Caltech spokesperson did not respond to a request for comment.

About 275,000 people started J-1 programs in 2025, down from 301,694 in 2024, according to State Department data. Trainees and temporary summer workers, such as au pairs and summer camp counselors, also use the visa to enter the U.S.

Most were not at universities, with a majority working summer jobs.

The Trump administration’s crackdown has started to dissuade students from coming to the U.S., with experts expecting a drop in their registration when data for 2025 are released next month.

New research scholars fell 27% from 2024 to 17,622, about half the 2015 total. Most new research scholars in 2025 came from China, followed by South Korea and India.

California drew the most research scholars, 3,211. It ranked second behind New York for all new J-1s in 2025, with 23,167.

The State Department vets applicants and approves sponsors. Research scholars can stay up to five years

Sarah Spreitzer, vice president and chief of staff for government relations at the American Council on Education, said she had found little information about what the new probes would cover. But she said the federal government already has tools “to identify fraud, both in the granting of the visa and then also tracking the person through the Department of Homeland Security.”

“I think that all of these things are focused on bringing fewer international students into the United States, and we have been seeing that impact,” she said, expecting “a huge drop in our international enrollment this year, given everything going on.”

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How a guitar tech from East L.A. made Olivia Rodrigo’s custom heart-shaped guitar

As Olivia Rodrigo kicked off the Unraveled Tour in support of her third album, “You Seem Pretty Sad for a Girl So in Love,” the internet had plenty to talk about—from her dissolving dress and flower-covered stage design to her custom-made, pink heart-shaped guitar.

The guitar was built by Luis Muñoz, a Mexican American guitar technician and luthier who operates out of a tiny repair shop in East L.A.

Originally from El Paso, Muñoz moved to Los Angeles in 2009 and took guitar repair classes in Hollywood, hoping to find his way into the music industry.

Music was always around Muñoz. He remembers discovering Slash after his family got cable television. Mesmerized by the Guns N’ Roses guitarist, who stole the spotlight with his top hat and searing guitar solos in videos for “Welcome to the Jungle” and “Sweet Child O’ Mine” on MTV’s Hot 100 music video countdown, Muñoz knew that was what he wanted to do.

He picked up his father’s old guitar and began learning to play, experimenting with the strings and teaching himself along the way.

His first opportunity came with singer-songwriter LP as a guitar technician. Muñoz admits he exaggerated his skill set to get his foot in the door, but he was determined to make the opportunity count.

“Once you’re in, you’re in,” he said.

Over the years, Muñoz has toured with artists including Smashing Pumpkins, Deftones, Bush, Anthrax, Fall Out Boy and his most recent touring job was with Rodrigo, after his wife, the pop star’s former bassist, told him she was looking for a new guitar tech.

Rodrigo’s heart-shaped guitar was another opportunity to put his craftsmanship on display.

“I’m sure Olivia has every guitar company in the world in her DMs, and she still trusted a small shop in East L.A.,” Muñoz wrote on Instagram, alongside photos of Rodrigo with the guitar.

“Five prototypes before I got the body right. It had to look cool, play easy, feel comfortable, and most of all, sound good. Built completely by hand, late nights after shop hours.”

Muñoz recalled the moment Rodrigo’s team reached out to request a custom-made guitar. He knew he had one shot to get it right: “In the back of my mind, I’m like, I only got one shot and it has to be made with love.”

The guitar took several months to complete and was built entirely by hand. He later hinted that it is currently one-of-one for now. After Rodrigo shared the guitar with her fans, Muñoz’s one-of-a-kind creation quickly became part of the visual identity of the tour — but for him, the significance went beyond the instrument itself.

Now retired from touring to spend more time with his family, including his 18-month-old daughter, Rosie, Muñoz says moments like seeing young fans in the crowd are what stay with him.

“One of my favorite things being on tour was seeing all the little girls lose their minds. The power of seeing that. Immediately in their head it’s like, ‘I can do that too.’ Imagine if I’m playing a tiny little role in that, yeah … all day.”



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Notable tech headlines for the week: Micron, Nvidia, Accenture in focus

The tech sector remained in the spotlight this week as investors assessed headlines from top companies including Micron, AMD and Accenture.

The tech-focused Nasdaq Composite Index (COMP:IND) closed in the green on Friday. The Technology Select Sector SPDR Fund (

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