FIC Global (FICG) returned to growth in the third quarter of 2026, driven by the gradual ramp-up of overseas capacity in its optical communications business and strong demand for high-speed optical modules used in AI data centers. The company said its 1.6T products have entered mass production, while 3.2T and 6.4T products are moving into pilot production, strengthening its outlook.

Neocloud provider CoreWeave announced a realignment of its financing strategy for data center expansion, shifting away from its previous heavy reliance on high-yield bonds toward borrowing backed by customer contracts, chip assets, and prepayments. The company is also increasing its use of short-term capacity transactions to reduce financing costs and debt pressures.

Hon Hai Precision Industry (Foxconn) expects continued double-digit growth in 2027, led by artificial intelligence (AI) servers, as application-specific integrated circuit (ASIC) AI server shipments surged 1.5 times year over year and GPU AI server shipments grew about 70% in the third quarter of 2026. Chairman Young Liu said the company remains confident in demand for AI racks and expects to expand its market share through a broader range of AI solutions and a wider customer base.

Is Nvidia's moat still intact? A slide in Anthropic's IPO filing has quickly sparked industry debate after revealing that Anthropic's Claude Mythos Preview model spent only about three days exploring how to run inference for another AI model on Advanced Micro Devices (AMD) Instinct MI355X GPUs.

Inside a refurbished industrial building in Sheffield, a quantum computing laboratory is preparing for a future that could transform how the world develops medicines, advanced materials, and computing infrastructure.

A network of companies tied to Alice Huang, the alleged Chinese intelligence operative involved in a romantic relationship with former Nvidia CEO Jensen Huang, recently invested in Chinese AI powerhouse DeepSeek to help secure a steady supply of banned Nvidia Blackwell chips, according to reports and corporate records referenced by The Information.

Under mounting pressure, Nvidia founder Jensen Huang has resigned as president, CEO, and board member, effective immediately. Executive vice president and chief financial officer Colette Kress will serve as interim CEO, while the board launches an internal and external search for a successor.

Cerebras Systems has become more of a cloud inference business than a hardware supplier. In the third quarter ended September 30, 2026, the company reported record GAAP revenue of US$210.8 million, up 55% from a year earlier. Cloud and other services now account for about two-thirds of the total. Reported profitability has not kept pace. Non-cash charges for customer warrants and employee stock compensation, which jumped after the company's listing, pulled GAAP gross margin down to 20% and left operating losses far wider than a year ago.

CMC Magnetics reported consolidated revenue of NT$6.17 billion (US$187.29 million) for the first three quarters of 2026, up 17% year on year, as its core businesses grew and its Storage & Power (S'n'P) strategy began to show results. Operating profit reached NT$311 million, nearly 20 times its level a year earlier. Net income totaled NT$2.327 billion, with earnings per share of NT$2.17.

SpaceX plans to invest more than US$74 billion in AI supercomputing campuses in Texas and Arizona, expanding beyond rockets and satellite internet into large-scale AI infrastructure. The projects promise thousands of jobs but face regulatory, environmental and political challenges.

Singapore said it independently investigated Hong Kong resident Alice Huang and Singapore-registered Megaspeed International over suspected false declarations involving servers exported through Singapore, while stressing that companies must consider foreign export controls. The case highlights Singapore's position on cross-border trade, cooperation with overseas authorities, and enforcement against alleged dishonest practices.