Deep Tech
Adaspace raises $96M in Hong Kong IPO
Chinese AI satellite developer Adaspace raised about $95.6 million in a Hong Kong IPO and began trading under stock code 6935.
Malaysia checking chip re-export, Singapore-based Megaspeed not yet cleared
Malaysia's Ministry of Investment, Trade and Industry (MITI) has never cleared Megaspeed International, a Singapore-registered cloud partner of Nvidia, or its Malaysian affiliate, Speedmatrix, regarding re-exports of chips brought to Malaysia.
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.
Japan’s PCB maker Meiko invests $450M more in Vietnam factory, totaling $800M
Japan's Meiko Group, a manufacturer of printed circuit board (PCB), will invest $450 million more in its Hoa Binh factory in Phu Tho province of Vietnam, raising the total investment to $800 million.
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.
Vietnam’s FPT, Japan’s SBI Holdings to collaborate in memory chip packaging plant
Vietnam's tech giant FPT and Japan's SBI Holdings, will jointly explore whether SBI will invest in a memory chip packaging and testing plant that FPT plans to build in Vietnam.
Singapore’s Staera Semiconductor raises $4.6M to put optical links inside AI chips
Singapore-based Staera Semiconductor, formerly New Silicon Corporation, has raised US$4.6 million in pre-seed funding to build optical data links directly into silicon chips.
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.
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.
