China Construction Bank edges up 1% as state lenders hit record highs
HK Stock Market Update·TSMC says unable to keep pace with AI boom despite fivefold expansion
Taipei Times·- Taiwan Semiconductor Manufacturing Co is accelerating capacity expansion fivefold this year by building 25 manufacturing fabs and advanced packaging facilities worldwide, yet it remains unable to keep pace with surging artificial intelligence demand. - MediaTek Inc has secured stable chip supply and requested more capacity through 2029 to address constraints, while maintaining its artificial intelligence custom chip revenue target of US$2 billion. - Hon Hai Precision Industry Co stated that Taiwan's technology sector should transition to a made-with-Taiwan model by expanding production abroad to mitigate geopolitical pressures and meet global supply chain requirements.US Stock Preview: Dell Surges 8%+ Premarket on Blowout Earnings; Broadcom on Deck with AI Revenue in Focus; NVIDIA Says FY28 Business Could Double
US Market Preview·- Major U.S. stock index futures traded mixed ahead of the opening bell, while European markets and commodities generally declined. - Dell Technologies shares surged over 8% after reporting quarterly financial results that exceeded expectations alongside record AI server orders, whereas Nvidia and Broadcom drew intense focus regarding their artificial intelligence revenue and supply constraints. - Federal Reserve rate hike expectations for September climbed above 66% following hawkish remarks from officials, as investors awaited crucial employment data and upcoming central bank decisions.HSI Closes at 25,311, Down 18 pts; HSTI Closes at 4,517, Down 33 pts; HORIZONROBOT-W Down over 6%; ABC, CCB, BANKCOMM, BANK OF CHINA, ICBC Hit New Highs; Market Turnover Rises
AASTOCKS News·- The Hang Seng Index closed down 18 points at 25,311, while the Hang Seng Tech Index fell 33 points to 4,517 with a total market turnover of $216.69 billion. - Major banks including ABC, CCB, BANKCOMM, Bank of China, and ICBC hit new highs during the trading session. - Individual constituents experienced mixed movements, with HORIZONROBOT-W dropping over 6% and SUNEVISION surging 15.3%.Flyme AIOS to Deploy WorkBuddy AI Tools Across All Flyme Platforms | ECX Stock News
StockTitan·- ECARX announced that Tencent Cloud's WorkBuddy AI smart work assistant will be integrated into Flyme AIOS through jointly developed AI tools across the entire Flyme ecosystem. - The integration brings agentic-AI capabilities to smartphones, AI devices, and Flyme Auto for in-vehicle deployments, enabling users to execute multi-step workflows using natural-language prompts. - This initiative aims to expand ECARX's full-stack software infrastructure and deliver a unified AI workbench across connected devices.