Key Points: Apple is reportedly developing chips for AI software in data centers under Project ACDC (Apple Chips in Data Center). Collaboration with Taiwan Semiconductor Manufacturing Co. is underway, although the timeline for the project remains uncertain. Apple's AI efforts...
Key Points: Japanese stocks rallied, driven by gains in the Power, Mining, and Insurance sectors. The Nikkei 225 index surged by 1.47%, reflecting a positive sentiment. Rakuten Inc. (TYO:4755), Nomura Holdings Inc. (TYO:8604), and Fujikura Ltd. (TYO:5803) were among the top performers. Sumitomo Dainippon Pharma Co Ltd. (TYO:4506), Daiichi Sankyo Co., Ltd. (TYO:4568), and Sony...
Key Points: Amazon announces a $9 billion investment in expanding its cloud computing infrastructure in Singapore over the next four years. The investment aims to meet the growing demand for cloud services and accelerate the adoption of artificial intelligence in the region. This is part of AWS's broader international expansion plans, which include investments in Japan,...
