TSMC raised its full-year revenue forecast and committed to increased capital expenditure, citing sustained demand for AI-related chips as the primary driver. The move signals that the world's dominant contract chipmaker sees no near-term softening in orders from the hyperscalers and AI hardware builders that have reshaped its order book over the past two years. Elevated capex typically flows into advanced node capacity, fabs, tooling, and packaging infrastructure, which takes 18 to 24 months to translate into production throughput. That lag means TSMC is betting current demand signals hold well into 2026. For the broader semiconductor supply chain, a TSMC capex increase functions as a leading indicator: equipment makers, materials suppliers, and advanced packaging partners tend to see order flow move in parallel. Investors will watch whether guidance revision is accompanied by margin commentary, since aggressive capacity buildout can compress near-term profitability even as it secures long-term share.
Apple has raised MacBook and iPad prices in India by 20% to 42%, citing a sharp surge in memory chip costs driven by AI data centre demand. Micron, the leading memory supplier, reported 86% gross margins, confirming that supply pressures have fundamentally shifted component pricing across the consumer electronics
India's central government will take a 1-2% stake in AI unicorn Sarvam once its $300 million funding round closes, converting compute subsidies provided under the IndiaAI Mission into equity. The move sets a precedent for how the government accounts for public support given to homegrown AI startups.
Apple announced iOS 27 at WWDC 2026, featuring a redesigned Siri as a standalone app with chat history, apps launching up to 30 percent faster, and a refined Liquid Glass interface. A developer preview is live now, with public release expected around September 2026.
Apple's WWDC 2026 keynote unveiled a fully redesigned Siri and confirmed iOS 27 alongside updates for iPadOS, visionOS, watchOS, and macOS. The Siri overhaul is the most strategically significant move, targeting a competitive gap with Google and Microsoft in AI assistants.
