Meta plans to put an in-house MTIA AI chip into production in September and roughly double its computing capacity, Reuters reports, deepening its push away from Nvidia.

SK Hynix’s US ADR listing was more than seven times oversubscribed, sources say, as the chipmaker prepares to price ahead of a 10 July Nasdaq debut.

AI data-centre demand has pushed transformer, turbine and switchgear lead times into years, forcing US utilities to fight for scarce factory slots.

Shanghai chipmaker Iluvatar CoreX is seeking about $850m in a share sale after a rally that has more than tripled its stock, riding China’s homegrown AI-silicon push.

Data-security firm Rubrik will invest more than $500m in Britain over five years and make London its EMEA headquarters, leaning on data sovereignty demand.

India has waived customs duty on machinery and components for making batteries, displays and some smartphone parts, aiming to cut costs for local makers.

France’s competition watchdog says its long-running antitrust probe into Nvidia is almost complete, edging the AI chip giant closer to a formal ruling.

Governor Yang Chin-long warned Taiwan investors against excessive borrowing to chase AI-fuelled stocks, while playing down talk of systemic risk.

A Deloitte back-to-school survey of 1,150 parents finds half worry their child relies on AI too much, even as many say schools teach too few AI skills.

Luxshare fell as much as 9.6% on debut after raising $3.1bn in Hong Kong’s biggest listing of 2026, a soft start for the Apple supplier.

Revolut has named former Chase UK chief Kuba Fast as CEO of Revolut Bank UAB and its European operations, replacing Joe Heneghan.

Onnec survey finds 74% of operators see sovereign cloud as a major opportunity, but power, planning and retrofit limits could slow delivery.