Asia
SMIC Q3 profit more than doubles as AI demand lifts revenue
SMIC reported record third-quarter revenue of $3.19 billion and a 123.4 percent rise in shareholder profit as AI-related chip demand supported utilization.
Octopus launches Asia clean energy fund with first Philippine investment
Octopus Energy's new Asia fund targets $600 million and starts with a Philippine developer planning 450 MW of solar and 350 MWh of storage.
Asia’s AI boom brings growth opportunities but exposes ASEAN+3 to timing risks, says AMRO
Asia’s artificial intelligence (AI) investment boom is supporting exports and economic growth across ASEAN+3, but differences in the pace of infrastructure development, productivity gains and financial market adjustments could expose the region to risks if expectations outpace economic fundamentals, according to the ASEAN+3 Macroeconomic Research Office…
Alibaba advances T-Head chip unit toward Hong Kong listing
Alibaba has received HKEX confirmation to proceed with a proposed spin-off and Hong Kong listing of chip subsidiary T-Head, subject to approvals and market conditions.
TSMC approves up to $1 billion in OpenAI and Anthropic investments
TSMC's board approved potential investments of up to $500 million each in OpenAI and Anthropic, alongside $40.93 billion in capital appropriations.
VinFast launches new VF 8 in the Philippines from PHP 1.55 million
VinFast has launched the new VF 8 electric SUV in the Philippines from PHP 1.55 million, with customer deliveries expected in November 2026.
Nvidia, SK Telecom and Rebellions plan Korean sovereign AI systems
Nvidia, Rebellions and SK Telecom will connect Korean AI chips with Nvidia infrastructure for sovereign AI systems targeted for deployment in 2028.
AutoSwift secures nearly A$10M from X Star Technology
Australian automotive AI company AutoSwift has secured nearly A$10 million from Singapore-based X Star Technology to develop AI WINGMAN and support regional expansion.
Meta expands AI age estimation for teen accounts worldwide
Meta is expanding AI age estimation worldwide to place more suspected teen users into Instagram Teen Account protections, with Apple age-range signals also in use in Australia.
Greenpeace projects three chipmakers could use 15 percent of Taiwan’s power by 2030
Greenpeace Taiwan estimates TSMC, Micron and UMC could require 49.8 billion kilowatt-hours of grid power in 2030, or 15 percent of Taiwan's projected demand.
