Financial Times:
Sources: TPG is in talks to acquire UK-based Ark Data Centres, which operates 27 data centers in the UK and Belgium, from Elliott Management at a ~$5B valuation — US private capital group in talks with Elliott over what would be among the booming sector's biggest deals this year
Nikkei Asia:
Industry insiders say PCBs and chip substrates are key supply constraints for consumer electronics makers, as AI demand increasingly eats up production capacity — TAIPEI — As executives at PC makers, including HP and Dell, map out their supply needs for 2027, a mundane component has emerged as an unlikely concern.
Reuters:
Sources: CXMT plans to start HBM3E production despite yields of just 20% to 30%; its HBM3E performance is closer to that of SK Hynix's previous-gen HBM3 chips — China's CXMT plans to start production of HBM3E, an advanced type of high-bandwidth memory chip used with AI processors …
Priyanka Salve / CNBC:
Jio Platforms, India's largest telecom and digital services company, jumps 21.4% in its trading debut, after raising ~$3.2B in the country's largest-ever IPO — Jio Platforms' shares rose 21.4% on their trading debut Wednesday after a record initial public offering that was lapped up by retail as well as institutional investors.
Nikkei Asia:
Sources: Fujifilm plans to increase magnetic tape production capacity fivefold to meet AI-driven storage demand, its biggest production expansion in ~20 years — TOKYO — Fujifilm will raise production capacity for magnetic tape fivefold to meet artificial-intelligence-driven demand …
Wall Street Journal:
Anthropic's S-1 implies a $40T+ annual TAM based on knowledge work's economic value in 2025, topping SpaceX's $28.5T estimate, without explicitly naming TAM — The company's estimated market opportunity, tied to the economic value of work produced by knowledge workers, tops SpaceX's enormous figure from earlier this year
Nikkei Asia:
Sources: HP, Asus, and Acer are shifting some PC production from Thailand and Vietnam back to China amid rising component costs; Dell is mulling a similar move — TAIPEI — Leading PC makers, including HP of the U.S. and Asus and Acer of Taiwan, are combating soaring component costs by shifting …
David Shepardson / Reuters:
The US FCC approves Amazon Leo's $11.5B acquisition of Globalstar, giving Amazon access to Globalstar's 24 satellites and mobile satellite spectrum — The Federal Communications Commission said on Tuesday it approved Amazon (AMZN.O) Leo's $11.5 billion deal to acquire Globalstar (GSAT.O) …
Valida Pau / The Information:
Sources: chipmaker Onsemi is in talks to acquire 16-year-old chip startup Ferric for ~$1B; PitchBook: Ferric last raised a $32.1M Series C in December 2024 — Semiconductor component maker Onsemi has been discussing an acquisition of 16-year-old chip startup Ferric for close to $1 billion …
Dell Cameron / Wired:
Letter: two Democratic senators allege the Trump administration withheld a secret FISC ruling on search filters that let analysts access Americans' messages — Two US senators say the Trump administration is breaking the law by withholding the FISA court decision while it presses Congress …
Kwanwoo Jun / Wall Street Journal:
SK Hynix plans to return $22B+ in dividends and ~$15B in buybacks to shareholders, on top of its ~$30B buyback program completed in August — The South Korean memory-chip maker's net profit more than tripled in the third quarter — South Korean memory-chip titan SK Hynix plans to return …
Kai Nicol-Schwarz / CNBC:
AMD says it will invest $1B in Meta's equity offering, its first Helios rackscale systems are installed at Meta, and its EPYC CPUs power Meta's Muse AI agent — Nvidia and Advanced Micro Devices have said they will invest a total of $4 billion in Meta after the social media …
Reuters:
Toronto-based fintech Wealthsimple raised up to CA$425M led by GIC at a post-money valuation of CA$13.8B, up from CA$10B in 2025 — Oct 27 (Reuters) - Canadian financial services company Wealthsimple said on Tuesday it had raised up to C$425 million ($302.5 million), taking its valuation …
Ryan Barwick / The Information:
Source: OpenAI, a major Nvidia customer, plans to buy Google's TPUs; a job listing shows it seeks an engineer to “lead the optimization” of its models on TPUs — OpenAI plans to buy Google's AI chips, according to a person familiar with the matter, in a boost for a rising competitor to OpenAI backer Nvidia.
Felix Rieseberg:
An Anthropic hiring manager says he stopped giving coding interviews because Claude is better at them and tells junior engineers that “hunger beats tenure” — This month, I laid the traditional coding interview to rest. As a hiring manager at Anthropic, I stopped asking candidates to do them.
Jenny Lee / CNBC:
SK Hynix reports Q3 revenue up 328% YoY to ~$78.8B, vs. ~$74.07B est., and operating profit up 632% to ~$62.76B, vs. ~$57.78B est. — South Korean chipmaker SK Hynix on Wednesday posted a record high quarterly profit, sharply beating estimates, and announced over $25 billion in dividends and buybacks …
Anthropic:
Anthropic expands its US GSA partnership to give federal, state, local, tribal, and territorial governments a 40% discount on Claude, estimated to save $1B — We are expanding our partnership with the General Services Administration (GSA) through a new agreement that gives government partners …
Rashi Shrivastava / Forbes:
Infisical, which helps companies use AI agents without handing over their private credentials, raised a $40M Series B led by Elad Gil at a $600M valuation — Infisical is helping companies like Airbus and Volkswagen use agents without handing over their private credentials.
Christina Kyriasoglou / Bloomberg:
NXP reports Q3 revenue up 19% YoY to $3.79B, vs. $3.76B est., and forecasts Q4 revenue below estimates; NXPI drops 7%+ after hours — NXP Semiconductors NV, a maker of chips for auto and industrial customers, slid in late trading after delivering a weaker revenue forecast than anticipated …
Mark Gurman / Bloomberg:
Source: Apple has discussed charging $2,899 for the 14-inch MacBook Pro with an OLED XDR touch screen and M5 Pro chip, $400 more than the current M5 Pro model — Apple Inc., after successfully betting this month that consumers are willing to pay $2,000 or more for a foldable iPhone …