Technology

TSMC's June 2026 revenue of NT$442.68 billion, up 67.9% year-on-year, pushed its second-quarter total to roughly US$39.6 billion, exceeding the high end of the company's own guidance range of US$39–40.2 billion. The outperformance is driven by sold-out capacity at its 3-nanometer node and accelerating demand for CoWoS advanced packaging used in AI accelerators from Nvidia and AMD. Analysts expect Q2 net profit of approximately US$19.65 billion, which would mark TSMC's fifth consecutive quarter of record earnings when results are released July 16, 2026.

Samsung is expected to hold its Galaxy Unpacked event in New York City in mid-July 2026, with trade press reporting pointing to new generations of its Z Fold and Z Flip foldables, a refreshed Galaxy Watch family, and expanded Galaxy AI software features. No official dates, product names, specifications, or pricing have been confirmed by Samsung. The event carries added competitive weight as Chinese manufacturers expand their foldable offerings and Apple is anticipated to enter the segment.

OpenAI CEO Sam Altman has proposed contributing a 5% equity stake, valued at $42.6 billion based on the company's $852 billion valuation, into a federally chartered fund modeled on the Alaska Permanent Fund rather than granting direct government ownership. The proposal, still exploratory with no term sheet or board action, envisions Anthropic, Google, and Meta each contributing equivalent stakes, though none have confirmed participation. The discussions are taking place against a backdrop of increasing federal regulatory pressure on AI companies and the Trump administration's stated interest in holding equity positions in strategically important technology firms.