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Nov 4
Pegatron chairman says AI crisis fears after Democratic midterm win are overblown
Pegatron Corp. Chairman Tung Tzu-hsien said on November 4 that claims AI is in crisis because the Democratic Party won the US election are somewhat overblown, adding that the narrative could be the work of short sellers.
Wistron ITS reported record gross profit, operating profit, net income, and earnings per share in the third quarter of 2026, as stronger revenue and improved operating efficiency supported continued expansion in AI and semiconductor services. Consolidated revenue reached NT$3.752 billion (approx. US$114.1 million), up 3.5% quarter-over-quarter and 25.6% year-over-year.
Companies at the forefront of the AI infrastructure buildout in the US are taking different approaches following the results of this week's midterm elections, which saw a nationwide backlash against data center construction. OpenAI pledged to prevent resource impacts on communities, while Nvidia is turning toward retrofitting small existing facilities.
The 2026 World Internet Conference Wuzhen Summit, which opened on November 4, brought AI agent governance into focus, with leading Chinese technology companies seeking common standards to address cybersecurity risks and potential misuse.
Debt held by Taiwan's science park operating funds reached NT$163.54 billion (approx. US$4.97 billion) as of the end of September 2026, while the National Science and Technology Council (NSTC) remains confident that rising operating cash flow will accelerate repayment. The government continues to develop and expand science parks to meet industry demand, including new sites and expansions across Taiwan.
Tencent has launched its next-generation artificial intelligence (AI) model, Hy4, adding visual understanding for the first time and limiting cybersecurity training data to reduce the risk of misuse in cyberattacks and harmful biological research.
Democratic Congress set to challenge Trump on energy, AI, and EVs
Nov 6, 12:38
Democrats have won control of Congress in the US midterm elections, turning the second half of President Donald Trump's term into a lame-duck period. Trump still holds the veto, however, and overriding it requires a two-thirds vote in both chambers. Congress is therefore more likely to apply pressure through budgets, investigations, and blocking new legislation than to overturn executive orders outright. For Taiwan's technology sector and supply chain, several fronts are worth watching closely.
The US midterm election and referendum results show broad public opposition to building more data centers, raising the prospect of tougher local-government reviews for large-scale facilities and prompting hyperscalers to shift some AI infrastructure investment overseas. Meta Platforms President Dina Powell McCormick said the issue had become a key election topic as companies struggle to demonstrate tangible benefits for local communities.
V5 Technologies, a major provider of advanced semiconductor optical inspection and image-processing software, reported consolidated revenue of NT$316 million (US$9.61 million) in October 2026, up 1.67% from September and 32.5% year-on-year. Revenue for the first 10 months surpassed NT$2.6 billion, rising 69.7% from the same period in 2025.
Niching Industrial reported a 369% year-on-year increase in 3Q26 operating profit to NT$45.05 million (US$1.37 million), as the consolidation of Ming Chun Yuan boosted manufacturing contributions and improved its product mix. Gross margin climbed to 28%, up 8 percentage points from the previous quarter.
Rehear Audiology has signed a strategic memorandum of understanding (MOU) with Saudi Arabia's Medical Electrical Equipment Maintenance Professionals Association (MEEMPA) to introduce advanced AI hearing-care technology, conduct clinical validation, and develop a localized healthcare ecosystem in Saudi Arabia and the Gulf Cooperation Council (GCC) region.
SK Hynix's US-based artificial intelligence (AI) investment arm, HYAICO Corporation, has acquired a stake in AI infrastructure provider Penguin Solutions from an SK Telecom affiliate for US$377.16 million, according to filings with the US Securities and Exchange Commission (SEC).