Samsung Electronics chairman Lee Jae-Yong and Hyundai Motor chairman Chung Eui-Sun are reportedly moving to join the advisory network of the global AI leaders' gathering "Silicon Valley & The World." The two are expected to meet AI industry leaders, including Nvidia CEO Jensen Huang, in San Francisco this week, before possibly meeting again in Silicon Valley in November 2026.
Alphabet disclosed in its latest quarterly filing that its purchase commitments and other contractual obligations had climbed to US$811 billion as of the end of June, underscoring the company's aggressive push to secure long-term AI infrastructure capacity.
Lynas Rare Earths said its heavy rare earth expansion in Malaysia has gone over budget as the Australia-based miner works to build out a non-China supply chain. The disclosure came alongside the latest quarterly results for the period ended June 30, 2026, in which revenue reached AU$289 million (US$202 million), up 70% year on year and the strongest level in four years.
Pantheon Electric said it has completed the acquisition of four manufacturers and built an integrated power infrastructure platform across 21 factories in North America and Europe. The company said the expansion came as AI data centers, grid upgrades, and US manufacturing drove stronger demand for copper-based infrastructure.
Google's expansion of AI-driven search features is prompting a backlash from publishers and media companies that rely on search traffic. Over the past year, the company has rolled out AI Mode across search pages, using its Gemini chatbot to deliver direct answers that can keep users on Google instead of sending them to outside sites.
South Korean President Lee Jae-myung and a delegation of the country's most powerful business leaders convened with NVIDIA founder and CEO Jensen Huang in Silicon Valley this week, in a series of meetings and public appearances that cast Korea as a cornerstone of the global AI infrastructure push.
Trumpf said preliminary fiscal 2025/26 results showed its business stabilizing after several years of declines in orders and revenue. The German laser and smart manufacturing equipment maker reported slightly higher revenue and stronger-than-expected orders, suggesting demand may be recovering across its key markets and business lines.
Qualcomm is expanding the reach of its Snapdragon platform across Samsung Electronics' Galaxy ecosystem, with Samsung's latest foldable smartphones, smartwatches and next-generation smart glasses all powered by Snapdragon processors. The move highlights the two companies' growing focus on on-device AI and seamless cross-device experiences.
Defense-tech firm Harmattan AI has picked automotive supplier Valeo to develop and build an electric drone motor in France, a modest first contract that signals two larger shifts: Europe's carmakers are repurposing electrification know-how for defense, and the region is racing to wall off drone supply chains from foreign chokepoints, rare earths above all.
Huaqin Technology, the world's largest consumer-electronics original design manufacturer, has again increased its stake in Chinese foundry Nexchip Semiconductor, underscoring how contract manufacturers increasingly view direct ownership of chip capacity as central to supply-chain security rather than a purely financial bet.
As global companies rush to tap the robotics boom, Taiwan's manufacturers are focusing on a blue ocean strategy centered on components, non-humanoid designs, and non-consumer products. A recent partnership between Taiwan's Industrial Technology Research Institute (ITRI) and domestic companies has produced a local robot dog platform with a much higher self-sufficiency rate, signaling that Taiwanese firms can help build a non-China supply chain.
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