Washington Targets Tech Visas as AI Spending Doubts Linger

Bloomberg's Ed Ludlow breaks down the Trump administration's decision to suspend an immigration program for multiple tech firms, including Microsoft, alleging widespread abuse of the worker visa system. The move raises fresh questions about how technology companies will recruit and retain foreign talent at a moment when competition for AI expertise is intense. The program also covers a mixed set of earnings signals: Samsung's quarterly profit jumped and TSMC sales surged, yet investors remain worried about the staying power of the AI investment boom. Ludlow examines why strong results from key chipmakers have not fully dispelled concerns about whether the spending cycle can be sustained. Rounding out the episode, NASA's SpaceX Crew-12 makes its way back down to Earth after 237 days in space, closing out a long-duration mission aboard the International Space Station.