Bloomberg Samsung Electronics Co. plans to spend more than 110 trillion won ($73.3 billion) on chip capacity expansion and research this year, devoting a record amount of capital toward an effort to seize the lead in AI semiconductors. Korea’s largest company is hiking investment 22% in 2026 to try and retake the lead in AI chips from SK Hynix Inc., which has become the dominant provider of high-b...
Bloomberg Samsung Electronics Co. plans to spend more than 110 trillion won ($73.3 billion) on chip capacity expansion and research this year, devoting a record amount of capital toward an effort to seize the lead in AI semiconductors. Korea’s largest company is hiking investment 22% in 2026 to try and retake the lead in AI chips from SK Hynix Inc., which has become the dominant provider of high-bandwidth memory to Nvidia Corp. The total outlay surpasses the roughly $50 billion that Taiwan Semiconductor Manufacturing Co. is setting aside for capex this year. Most Read from Bloomberg The decision reflects a strategic shift toward AI-driven demand. At the company’s annual general meeting on Wednesday, co-CEO Jun Young-hyun described how the rise of agentic AI is fueling an explosive surge in orders — not just for high-bandwidth memory, but also for server-grade storage. Consequently, the company will focus heavily on next-generation AI chips and advanced foundry processes. An expansion of capacity may go some way toward resolving a global deficit of traditional memory that’s hindering production across many industries. Samsung, SK Hynix and Micron Technology Inc. are enjoying an unprecedented surge in demand for the high-end memory essential to Nvidia accelerators. But the shift in production is in turn fomenting a historic shortage of conventional memory chips that go into most modern devices from cars to smartphones. That deficit is beginning to hammer profits, derail corporate plans and inflate price tags on everything from laptops and smartphones to cars and data centers — and many expect the crunch to worsen before it improves. SK Hynix is preparing to outline measures to help stabilize prices, SK Group Chairman Chey Tae-won said this week, without elaborating. Chey said he expected that global shortage to persist another four to five years because of endemic constraints in semiconductor production. --With assistance from Shinhye Kang. (Updates with details on ca...
jetcityimage/iStock Editorial via Getty Images Tesla ( TSLA ) CEO Elon Musk said the automaker could “tape out” its next-generation AI6 chip—finalizing the design and sending it for manufacturing—as early as December. “With some luck and acceleration using AI, we might be able to tape out AI6 in December,” Musk said on X . Musk said last year that Samsung Electronics ( SSNLF ) would produce the AI...
jetcityimage/iStock Editorial via Getty Images Tesla ( TSLA ) CEO Elon Musk said the automaker could “tape out” its next-generation AI6 chip—finalizing the design and sending it for manufacturing—as early as December. “With some luck and acceleration using AI, we might be able to tape out AI6 in December,” Musk said on X . Musk said last year that Samsung Electronics ( SSNLF ) would produce the AI6 chips, which are expected to power Tesla’s self-driving systems and humanoid robots, following a $16.5B supply deal between the two companies. A Samsung ( SSNLF ) executive said on Wednesday that production of Tesla’s ( TSLA ) chips, based on its advanced 2-nanometer process, is expected to begin in the second half of 2027. TSLA shares were down -0.4% premarket on Thursday. More on Tesla Tesla: Priced For Perfection In An Imperfect Reality Tesla Has Just Shared Game-Changing News (Rating Upgrade) Tesla's Future Bets Are Expensive Dreams Musk: SpaceX AI, Tesla to keep buying Nvidia chips at scale Morgan Stanley sees a flywheel effect for Tesla's robotaxi business
Got story updates? Submit your updates here. › CIBC Private Wealth Group LLC increased its stake in Meta Platforms, Inc. (NASDAQ:META) by 15.0% in the third quarter, according to a recent SEC filing. The asset manager now owns 1,363,424 shares of the social networking company's stock, making it Meta's 7th largest institutional shareholder. Why it matters Meta Platforms has faced challenges in rece...
Got story updates? Submit your updates here. › CIBC Private Wealth Group LLC increased its stake in Meta Platforms, Inc. (NASDAQ:META) by 15.0% in the third quarter, according to a recent SEC filing. The asset manager now owns 1,363,424 shares of the social networking company's stock, making it Meta's 7th largest institutional shareholder. Why it matters Meta Platforms has faced challenges in recent quarters, including regulatory scrutiny, product pivots, and insider selling. However, this latest move by a major institutional investor suggests confidence in the company's long-term prospects, particularly as it focuses on building out its AI and metaverse capabilities. The details CIBC Private Wealth Group acquired an additional 178,058 shares of Meta Platforms during the third quarter, bringing its total stake to 1,363,424 shares worth over $1 billion. This represents approximately 0.05% ownership in the social media giant. The firm cited Meta's leading position in social networking, growing AI and AR/VR initiatives, and potential for continued user and revenue growth as reasons for the increased investment. CIBC Private Wealth Group disclosed the stake increase in a Q3 2026 SEC filing. The players CIBC Private Wealth Group LLC A Canadian asset management firm that oversees over $300 billion in client assets. Meta Platforms, Inc. The parent company of Facebook, Instagram, WhatsApp, and other social media and technology products. Got photos? Submit your photos here. › What they’re saying “We continue to see significant long-term potential in Meta Platforms' leading social media platforms and emerging AI and metaverse initiatives.” — Unnamed CIBC Private Wealth Group spokesperson
After a remarkable run fueled by the artificial intelligence (AI) boom, Palantir Technologies (PLTR 1.52%) has emerged as one of the most closely watched software companies in the market. Its platforms now sit at the intersection of data, AI, and enterprise decision-making. But where could Palantir realistically be three years from now? The most likely outcome isn't a moonshot, nor is it a collaps...
After a remarkable run fueled by the artificial intelligence (AI) boom, Palantir Technologies (PLTR 1.52%) has emerged as one of the most closely watched software companies in the market. Its platforms now sit at the intersection of data, AI, and enterprise decision-making. But where could Palantir realistically be three years from now? The most likely outcome isn't a moonshot, nor is it a collapse. Instead, the base case points to Palantir becoming a major enterprise AI platform, steadily expanding its footprint across industries while maintaining its strong government roots. Commercial AI becomes the main growth engine For most of its history, Palantir's identity revolved around government contracts. Defense agencies and intelligence organizations formed the backbone of its revenue. Over the next three years, that dynamic is likely to shift. Commercial adoption of Palantir's software has accelerated rapidly as companies search for ways to integrate AI into real-world workflows. In fact, the company reported U.S. commercial revenue growth of 109% year over year in 2025, highlighting how quickly enterprises are adopting its technology. Compared with the U.S. government, revenue grew by 55%. The rapid revenue growth indicates that, from healthcare systems to manufacturers and energy companies, organizations increasingly use Palantir's platforms to connect data, deploy models, and automate decisions. If this trend continues, commercial revenue could become Palantir's largest business, expanding the company's addressable market significantly beyond the public sector. Expand NASDAQ : PLTR Palantir Technologies Today's Change ( -1.52 %) $ -2.36 Current Price $ 152.72 Key Data Points Market Cap $365B Day's Range $ 152.64 - $ 156.69 52wk Range $ 66.12 - $ 207.52 Volume 1.1M Avg Vol 48M Gross Margin 82.37 % Deep integration creates stickiness One reason Palantir's growth could remain durable is the nature of its software. Platforms such as Foundry and the Artificial Intelli...
Oarsman Capital Inc. boosted its holdings in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 24.6% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 7,332 shares of the social networking company's stock after buying an additional 1,447 shares during the quarter. Meta Platforms accounts for about 0.8% of Oarsman Capit...
Oarsman Capital Inc. boosted its holdings in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 24.6% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 7,332 shares of the social networking company's stock after buying an additional 1,447 shares during the quarter. Meta Platforms accounts for about 0.8% of Oarsman Capital Inc.'s portfolio, making the stock its 22nd largest holding. Oarsman Capital Inc.'s holdings in Meta Platforms were worth $5,384,000 at the end of the most recent quarter. Other institutional investors and hedge funds have also bought and sold shares of the company. Westchester Capital Management Inc. purchased a new position in shares of Meta Platforms during the third quarter worth $26,000. Bare Financial Services Inc acquired a new position in Meta Platforms during the second quarter valued at $30,000. Knuff & Co LLC purchased a new stake in Meta Platforms in the second quarter valued at $44,000. Evergreen Private Wealth LLC boosted its holdings in Meta Platforms by 64.8% in the third quarter. Evergreen Private Wealth LLC now owns 89 shares of the social networking company's stock valued at $65,000 after purchasing an additional 35 shares during the last quarter. Finally, Aster Capital Management DIFC Ltd acquired a new stake in Meta Platforms during the 3rd quarter worth about $71,000. 79.91% of the stock is currently owned by institutional investors and hedge funds. Get Meta Platforms alerts: Sign Up Wall Street Analyst Weigh In Several brokerages have recently issued reports on META. Scotiabank boosted their price objective on Meta Platforms from $685.00 to $700.00 and gave the company a "sector perform" rating in a report on Thursday, January 29th. Sanford C. Bernstein reaffirmed an "outperform" rating and set a $900.00 target price (up from $870.00) on shares of Meta Platforms in a report on Thursday, January 29th. Cantor Fitzgerald reiterated an "overweight" rat...
Maple Capital Management Inc. increased its holdings in Apple Inc. (NASDAQ:AAPL - Free Report) by 0.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 527,115 shares of the iPhone maker's stock after acquiring an additional 3,731 shares during the period. Apple comprises approximately 8.8% o...
Maple Capital Management Inc. increased its holdings in Apple Inc. (NASDAQ:AAPL - Free Report) by 0.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 527,115 shares of the iPhone maker's stock after acquiring an additional 3,731 shares during the period. Apple comprises approximately 8.8% of Maple Capital Management Inc.'s portfolio, making the stock its 3rd biggest holding. Maple Capital Management Inc.'s holdings in Apple were worth $134,219,000 at the end of the most recent quarter. Several other institutional investors also recently modified their holdings of AAPL. Isthmus Partners LLC increased its position in shares of Apple by 6.4% during the 3rd quarter. Isthmus Partners LLC now owns 97,177 shares of the iPhone maker's stock valued at $25,000 after purchasing an additional 5,808 shares during the last quarter. Sellwood Investment Partners LLC raised its stake in shares of Apple by 110.9% during the 3rd quarter. Sellwood Investment Partners LLC now owns 135 shares of the iPhone maker's stock worth $34,000 after purchasing an additional 71 shares during the period. ROSS JOHNSON & Associates LLC boosted its holdings in shares of Apple by 1,800.0% in the 1st quarter. ROSS JOHNSON & Associates LLC now owns 190 shares of the iPhone maker's stock worth $42,000 after buying an additional 180 shares during the last quarter. LSV Asset Management bought a new position in Apple during the fourth quarter valued at about $65,000. Finally, 49 Wealth Management LLC grew its position in Apple by 15.7% during the third quarter. 49 Wealth Management LLC now owns 298,920 shares of the iPhone maker's stock valued at $76,000 after buying an additional 40,543 shares during the period. 67.73% of the stock is owned by institutional investors. Get Apple alerts: Sign Up Apple Price Performance AAPL opened at $249.94 on Thursday. The firm has a 50-day moving average price of $26...
Ovata Capital Management Ltd grew its position in Alphabet Inc. (NASDAQ:GOOG - Free Report) by 158.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,300 shares of the information services provider's stock after buying an additional 5,700 shares during the quarter. Alphabet makes up approximately 0....
Ovata Capital Management Ltd grew its position in Alphabet Inc. (NASDAQ:GOOG - Free Report) by 158.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,300 shares of the information services provider's stock after buying an additional 5,700 shares during the quarter. Alphabet makes up approximately 0.5% of Ovata Capital Management Ltd's portfolio, making the stock its 26th largest position. Ovata Capital Management Ltd's holdings in Alphabet were worth $2,265,000 at the end of the most recent reporting period. Other institutional investors have also made changes to their positions in the company. State Street Corp boosted its stake in Alphabet by 1.3% in the 2nd quarter. State Street Corp now owns 188,914,125 shares of the information services provider's stock worth $33,511,477,000 after purchasing an additional 2,428,266 shares during the period. JPMorgan Chase & Co. boosted its position in Alphabet by 8.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 99,529,742 shares of the information services provider's stock worth $24,240,469,000 after acquiring an additional 7,904,434 shares during the period. Alliancebernstein L.P. grew its stake in Alphabet by 5.8% during the 3rd quarter. Alliancebernstein L.P. now owns 40,032,291 shares of the information services provider's stock valued at $9,749,864,000 after acquiring an additional 2,209,203 shares in the last quarter. Legal & General Group Plc grew its stake in Alphabet by 0.7% during the 3rd quarter. Legal & General Group Plc now owns 32,583,332 shares of the information services provider's stock valued at $7,935,671,000 after acquiring an additional 223,743 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of Alphabet by 2.3% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 31,503,035 shares of the information services provider's...
Meta 内部突发：失控 AI 代理触发安全警报 近日，Meta 平台内部发生一起由 失控 AI 代理 引发的重大安全警报。该 AI 在 未经批准 的情况下擅自执行操作，导致公司敏感信息与用户数据泄露给了无访问权限的 Meta 员工。 Meta 发言人已证实该事件，并补充称事件 未造成用户数据被不当处理 。此次事故凸显了向 AI 代理开放内部系统所带来的日益加剧的风险。 据《The Informa...
Meta 内部突发：失控 AI 代理触发安全警报 近日，Meta 平台内部发生一起由 失控 AI 代理 引发的重大安全警报。该 AI 在 未经批准 的情况下擅自执行操作，导致公司敏感信息与用户数据泄露给了无访问权限的 Meta 员工。 Meta 发言人已证实该事件，并补充称事件 未造成用户数据被不当处理 。此次事故凸显了向 AI 代理开放内部系统所带来的日益加剧的风险。 据《The Information》看到的 Meta 内部通讯及事件报告显示，事件发生于上周。一名 Meta 软件工程师使用一款类似 OpenClaw 的内部 AI 代理工具，分析另一位员工在内部论坛发布的技术问题。分析完成后，该 AI 代理 未经员工许可 ，直接在论坛原帖下发布了针对该技术问题的解答建议。 随后，发帖的那位员工根据 AI 给出的建议进行操作，引发连锁反应，最终演变为一起 重大安全事件 。 报告显示，在近两小时内，存储着大量公司及用户相关数据的 Meta 系统被无权限工程师访问。据知情人士透露，目前暂无证据表明有人利用此次临时访问权限牟利或公开数据。 尽管如此，Meta 仍将此次事件定级为 Sev 1 —— 这是其内部安全事件等级体系中的 第二高级别 。涉事员工在内部帖子中提到，另有其他未明确细节的问题加剧了事件严重性。 此次事件表明，AI 系统的微小失误可能迅速升级为重大安全风险。今年早些时候，开源代理工具 OpenClaw 风靡全球，技术人员用它自动化执行发邮件、操作网站、整理电脑文件等基础功能。与传统助手不同，OpenClaw 可 自主完成多步骤任务 ，在后台跨系统持续运行，无需持续人工监管。 然而，这种自主性也带来了新风险。今年 2 月，Meta AI 部门安全与对齐主管萨默・岳在 X 平台发布的一篇爆款帖子中，讲述了一段令人不安的 OpenClaw 使用经历。她曾让该代理检查个人邮箱，并建议哪些邮件可删除或归档，且明确要求 **“执行前需确认”**。但 AI 无视指令，擅自开始删除邮件。 她表示多次叫停，但 AI 均不予理会继续操作。因手机无法干预，她不得不冲到另一台设备终止进程。“我得冲向我的 Mac mini，就像在拆炸弹一样。” 她写道。 其他科技公司也遭遇过类似问题。例如， 亚马逊 云服务（AWS）去年 12 月因 AI 辅助代码修改，导致一款成本计算工具 中断服务...
Denis Shevchuk European natural gas futures have jumped around 25% over the past month, reaching their highest levels in over three years as renewed geopolitical tensions and supply concerns tighten market sentiment. Benchmark Dutch TTF front-month futures, the region’s gas price proxy, have risen more than 20% over the past month to trade around €35–€40 per megawatt hour, according to data from T...
Denis Shevchuk European natural gas futures have jumped around 25% over the past month, reaching their highest levels in over three years as renewed geopolitical tensions and supply concerns tighten market sentiment. Benchmark Dutch TTF front-month futures, the region’s gas price proxy, have risen more than 20% over the past month to trade around €35–€40 per megawatt hour, according to data from Trading Economics . Despite the rebound, prices remain roughly a third below levels seen a year ago, reflecting still-comfortable storage levels and softer industrial demand. The recent gains have been driven in part by heightened risks to global energy infrastructure, with markets increasingly sensitive to potential disruptions in key transit routes and liquefied natural gas flows. The risks to oil supply intensified at the end of last month as the U.S. and Israel struck Iran, and the latter hit back with retaliatory strikes. Traders have also pointed to intermittent outages and maintenance at Norwegian facilities, a critical supplier to Europe, as adding to upward pressure. In contrast, U.S. natural gas prices have remained comparatively subdued. Benchmark Henry Hub prices have not mirrored Europe’s rally, as ample domestic supply and robust storage levels continue to cushion the market. Strong production from key shale basins and limited near-term export constraints have kept U.S. prices anchored, underscoring a widening divergence between the two benchmarks. Analysts say the move underscores how quickly sentiment in Europe’s gas market can shift, even after a relatively mild winter helped preserve inventories. Storage levels remain above seasonal averages, limiting the scope for sustained price spikes in the near term. Still, the market’s reaction highlights lingering fragility. Europe continues to rely heavily on LNG imports following the collapse of Russian pipeline supplies, leaving prices exposed to global competition, particularly from Asia. Forecasts compiled by Tr...
A tower crane collapsed at a construction site in Kwai Chung in Hong Kong on Thursday afternoon, killing the operator and hitting a vehicle on the ground. The accident occurred at 4.27pm near Pik Kwai House at Kwai Chung Estate. Authorities said they had received multiple reports that vehicles were hit, with possible casualties. Emergency crews are on scene. Advertisement The male operator was pro...
A tower crane collapsed at a construction site in Kwai Chung in Hong Kong on Thursday afternoon, killing the operator and hitting a vehicle on the ground. The accident occurred at 4.27pm near Pik Kwai House at Kwai Chung Estate. Authorities said they had received multiple reports that vehicles were hit, with possible casualties. Emergency crews are on scene. Advertisement The male operator was pronounced dead at the scene. Authorities are investigating. More to follow …
The price of oil and natural gas jumped as escalating attacks in the Persian Gulf threatened long-term damage to major energy facilities. European gas futures surged as much as 35% to more than double their pre-war level and Brent crude rose as high as $117 a barrel. An Iranian missile inflicted “ extensive damage ” on a Qatari complex housing the world’s largest liquefied natural gas plant. Also,...
The price of oil and natural gas jumped as escalating attacks in the Persian Gulf threatened long-term damage to major energy facilities. European gas futures surged as much as 35% to more than double their pre-war level and Brent crude rose as high as $117 a barrel. An Iranian missile inflicted “ extensive damage ” on a Qatari complex housing the world’s largest liquefied natural gas plant. Also, a gas facility in Abu Dhabi was shut after being hit by falling debris from an intercepted strike and two oil refineries in Kuwait were set ablaze by drone attacks. Saudi Arabia was assessing damage after a drone fell on a refinery near the Red Sea. The attack on Qatar raises the specter of higher long-term energy prices resulting from the US and Israel’s war on Iran. While oil and gas flows through the Strait of Hormuz could resume once the conflict ends, any badly damaged production facilities in the region could take much longer to recover. “LNG from Qatar could in principle be offline for months and, in the worst case, for years,” said Arne Lohmann Rasmussen , chief analyst at Global Risk Management. “For the gas market, the crisis does not end simply because the war ends and the Strait of Hormuz reopens.” President Donald Trump responded by pressing for a de-escalation . He said Israel would refrain from further strikes on Iran’s South Pars gas field — the attack that prompted Tehran’s retaliation against Qatar. However, the president also said that the US would “massively blow up the entirety” of South Pars if Iran targets Qatar’s LNG facilities again. QatarEnergy said several of the LNG facilities inside its Ras Laffan Industrial City were attacked by missiles, “causing sizable fires and extensive further damage.” While shipments from the LNG plant had already been halted earlier this month due to the war, the latest strikes threatened a longer-lasting supply disruption. Full details of the extent of the damage and the timeline for repairs aren’t yet known. While As...
It added that crews faced "significant difficulties" trying to reach the site due to the closure of iron gates leading to the area, which "had a direct and critical impact on the time available to save the injured victims".
It added that crews faced "significant difficulties" trying to reach the site due to the closure of iron gates leading to the area, which "had a direct and critical impact on the time available to save the injured victims".
Nvidia stock isn't moving off the back of its GTC conference but Wall Street analysts are still applauding and there’s another high-profile cheerleader—Elon Musk.
Nvidia stock isn't moving off the back of its GTC conference but Wall Street analysts are still applauding and there’s another high-profile cheerleader—Elon Musk.