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Here's your morning TNB Tech Minute for Friday, December 12th.

I'm Julie Chang for the Wall Street Journal.

President Trump signed an executive order yesterday aimed at creating a single federal standard for artificial intelligence by overriding state-level AI laws.

The move follows lobbying from Silicon Valley executives who argued that differing state regulations

could cause the U.S. to fall behind China in the AI race. The order drew criticism from Democrats

who called it a, quote, attempt to kill responsible safety reforms. It also drew Iyer from some

mega-conservatives who opposed it as a giveaway to tech companies. White House A.I. Zarr,

David Sachs, said that the government planned to keep laws protecting children's safety,

but targets certain state laws deemed onerous. Broadcom stock is poised for its biggest one-day drop

since April when President Trump's tariff war shook markets. The chip designer stock is down about 9%.

Broadcom's earnings yesterday stoked questions about its sales forecasts, contracts backlog,

and anticipated future margins, despite reporting a record $18 billion in sales and strong profit

growth. Margins appear to be one area of concern. Broadcom's CEO said

the company's fast-growing AI revenue has lower gross margins than other sales. Its forecast for

non-AI revenue in the first quarter was flat. Some analysts cast a stock move as an overreaction

and noted it came after a roughly 75% run-up so far this year.

And OpenAI has announced the release of its new AI model, GPT 5.2, calling it the company's

most advanced offering for professional knowledge work. The launch is in response to rising competition,

...