Foxconn Industrial Internet Chairman Brand Cheng said Foxconn is combining four key competencies—technology, manufacturing, management, and vertical integration—to move from supplying individual products to system solutions for AI infrastructure.
LG Electronics signed a multi-year partnership with Monumental Sports & Entertainment to modernize Capital One Arena in Washington. LG will install direct-view LED screens, digital signage and commercial TVs, including "Visibowl" — 152 meters of corridor walls for immersive displays.
Kakao announced a split into Kakao AI (AI, advertising, commerce based on KakaoTalk) and Kakao X (subsidiaries and investments). Kakao AI targets 6 trillion won in revenue by 2030, Kakao X targets 10 trillion; 300 billion won will be allocated for share buybacks.
GMI Cloud, an Nvidia partner, is in talks for a $300 million loan to purchase chips for its facility in Thailand. This is another such deal in Asia amid growing demand for AI infrastructure.
China's FAW will become the second-largest shareholder of Guangzhou Automobile Group (GAC). The announcement has reignited talk of consolidation in China's auto industry.
According to a study, US broadband infrastructure investment reached $92.6 billion in 2025. Separately, it notes that 6G risks becoming a disappointment: operators will likely deploy it on the same spectrum, equipment, and vendors as 5G.
Fujifilm will build a greenfield semiconductor materials plant in India with an investment of about 8 billion rupees ($83.33 million). The company announced the plans on September 16, 2026.
Chinese AI startup Manus plans to double its valuation to $4 billion in its first funding round after Beijing ordered it to separate from Meta. The company is trying to start anew after the geopolitical conflict.
On September 16, Salesforce experienced an outage lasting about 7.5 hours: problems began at 3:50 AM Eastern and affected multiple instances across all regions. The cause was cited as a failure of an external dependency in a legacy login server, and some customers could not create support cases. Recovery was completed by 15:00, and the company promised a full investigation.
Applied Materials will invest 36 billion rupees ($375 million) in Karnataka, India, over the next 10 years. The plan was announced by state industries minister M. B. Patil on September 15, 2026, ahead of SEMICON India.
Lam Research plans to invest about $1.04 billion (100 billion rupees) in India over several years to build the country's first silicon components plant and expand R&D operations.
Chinese AI developer Z.ai (Zhipu AI) raised its year-end revenue forecast to $3 billion. The company provides developers with tools for working with its own GLM models.
Hanwha Systems and UAE state defense company EDGE signed a Term Sheet on September 15 for an integrated air defense system project. Plans include a joint venture, localization of production and maintenance, and integration of ground systems including Chunmoo MLRS with the already supplied Cheongung-II.
Microsoft is expanding its government cloud offering: the new 365 G7 package and Agent 365 will complement existing Microsoft 365 G5 and Microsoft Entra Suite. Details and timelines were not disclosed.
SK Hynix is tightening management of equipment and component supplies and moving to long-term supply chain planning amid rising demand for semiconductor equipment driven by AI capacity expansion.
Indian Prime Minister Narendra Modi opened a major semiconductor conference in New Delhi and addressed global investors. India is seeking a place in the global chip supply chain with a program valued at $30 billion.
Chinese AI developers have already lost billions amid a stock slump, and efforts by US companies to cut rivals off from frontier models could deepen the losses.
South Korea's semiconductor boom has increased corporate tax receipts, which are set to exceed KRW200 trillion in 2027. Chipmaker profits are flowing into budget revenue.
Valor Equity Partners, founded by long-time Elon Musk backer Antonio Gracias, distributed 8.5% of SpaceX shares worth about $8.5 billion to its LP investors instead of cash payouts. Valor will retain more than 460 million SpaceX shares. The structure offers tax advantages and avoids a share price collapse from mass selling.
Hitachi Energy will build a $528 million transformer factory in Gallman, Mississippi, its largest US investment. The plant will double transformer output in the state and create over 700 jobs, with production planned for 2029.
The Federal Reserve raised interest rates for the first time since 2023. Rising borrowing costs, tariffs, and data center demand for memory and electricity are expected to keep pushing up prices for smartphones, laptops, and other devices.
Huawei is preparing to present a new AI technology this week despite US export restrictions. The company aims to replace Nvidia in China and compete in the global market.
Arm CEO Rene Haas told CNBC that confidence in the ability to supply the new AGI CPU server chip for a $2 billion goal grew from May to September. The official revenue forecast remains at $1 billion.
At its Dreamforce conference in San Francisco, Salesforce gave a revenue forecast for fiscal 2030 of more than $63 billion, above analysts' expectations of $59.2 billion in an LSEG poll. The company also announced Claudeforce for working with Salesforce data in Claude; up to 1000 customers signed up for the beta.
The Information: due to AI infrastructure shortages, cloud providers are demanding large prepayments and long-term contracts. Nebius expects over $9 billion in prepayments for the year with revenue up to $3.4 billion, while Iren receives up to 55% of GPU cost upfront. Coatue is discussing a multibillion-dollar joint venture with chip startup MatX.
OpenAI CEO Sam Altman will attend a state dinner hosted by US President Donald Trump in honor of Chinese President Xi Jinping.
Apollo Global Management has begun investing in AI and hardware startups to lend to them in the future. The company invested tens of millions of dollars in Mercor's round at a $20 billion valuation, as well as in chip startup SiFive and Hadrian.
Amazon received warrants to purchase up to $340 million in Generac shares as part of a deal to supply backup generators for data centers. Generac shares rose more than 40% in after-hours trading; initial deliveries are estimated at $2.4 billion in 2027–2028.
Ford is integrating Apple Maps directly into its Universal Electric Vehicle platform via the MapKit for Automotive SDK, without requiring an iPhone connection. The first model will be the mid-size Ford Fathom EV at around $30,000, launching in 2027.
Drone delivery and logistics startup Zipline is in talks to raise about $1 billion. The company's valuation could reach roughly $20 billion, nearly triple its previous valuation.