BusinessStartups

X’s Ad Chief Exits as Musk’s Executive Exodus Continues

X’s global head of revenue operations and advertising innovation has left after less than a year, marking another high-profile departure from Elon Musk’s executive team. The exit comes as sources indicate growing frustration with Musk’s unilateral decision-making and abrupt strategy changes that have complicated advertising operations at the social media platform.

Another Senior Leader Departs

John Nitti has exited his role as X’s advertising chief after just ten months on the job, according to Financial Times reports. His departure adds to what appears to be a growing pattern of executive turnover under Elon Musk‘s leadership, raising questions about stability within the company’s upper ranks.

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US Chip Fab Investment to Outpace China, Taiwan, and South Korea from 2027 Driven by AI Demand

US semiconductor fabrication investment is set to dramatically outpace China, Taiwan, and South Korea starting in 2027, according to SEMI projections. Driven by artificial intelligence demand and supportive US policies, investments will rise from $21 billion in 2025 to $43 billion by 2028. This represents a fundamental shift in global semiconductor manufacturing leadership.

US semiconductor fabrication investment is projected to dramatically outpace China, Taiwan, and South Korea starting in 2027, according to new industry analysis. Driven by unprecedented artificial intelligence demand and supportive US policies, investments will surge from $21 billion in 2025 to $43 billion by 2028, representing one of the most significant shifts in global semiconductor manufacturing in decades.

US Chip Fab Investment Projections and Global Impact