EU AI gigafactories: 10 billion euros to build seven hubs and cut US-China gap
The European Union is offering 10 billion euros in public funding for companies to build seven AI gigafactories,…
Asian stocks rally as Wall Street recovery boosts chipmaker shares
Asian stock markets opened higher on Wednesday, extending gains after a rebound on Wall Street, as investors looked…
Bank of Korea Ends Three-Year Rate Freeze as AI Chip Boom Stokes Inflation
South Korea’s central bank raised interest rates for the first time in three and a half years on…
Bitget UEX Daily Report｜Escalating conflicts …｜Middle East conflict, inflation concerns
# 1. Hot News Federal Reserve Dynamics Waller releases hawkish signals, CPI data becomes key policy indicator Federal…
Sejong Institute Accelerates Next-Generation GPU Development
The Korea Times reported on July 8, 2026 that Sejong University’s Future GPU Research Institute is accelerating work…
Taiwan raids Super Micro offices in probe over Nvidia chip smuggling to China
Taiwanese authorities raid Super Micro Computer offices and several local partner companies over alleged Nvidia chip smuggling to…
Latin America and Europe are bystanders in the US-China AI race, says Lula’s top adviser
The race for artificial intelligence has hardened into a two-power contest between the United States and China, fought…
Korea Posts Record ICT Exports in May
South Korea’s ICT exports hit an all-time monthly record in May 2026, reaching $47.79 billion – a 128.9…
Paris and Berlin can’t agree on fighter jet plan, Venezuela’s Rodríguez meets with Turkey’s Erdoğan, Taiwan explores chip export controls to China
France and Germany scrap fighter jet plan France and Germany pulled the plug on plans to jointly build…
Japan’s chipmaker Kioxia draws fresh optimism from Wall Street
Major Wall Street firms are sharply increasing their price targets for Kioxia Holdings Corp. after the Japanese memory-chip…
AI chip demand drives South Korea’s export growth
Outbound shipments totaled $85.89 billion last month, marking a 48 percent increase year-on-year, according to data compiled by…
Tesla set to launch ‘Gigantic’ Chip fab project in seven says: Elon Musk
Tesla CEO Elon Musk said on Saturday that the company’s Terafab project to produce artificial intelligence chips will…