Exec pleads no guilty in Singapore over alleged smuggling of Nvidia chips to China

Alan Wei Zhaolun, an executive at Aperia Group, pleaded not guilty in a fraud case alleging that he and three others illegally misrepresented themselves to obtain servers containing Nvidia chips before rerouting them to China. He has been accused by Singaporean prosecutors of money laundering and other charges, as Singapore emerges as a hub for illicit AI chip flows to China.

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AI servers and MacBook demand push Quanta revenue to new record

Strong AI demand lifted Quanta’s revenue to a record high in June 2026 and pushed second-quarter sales to a new peak, with servers serving as the main growth driver and notebook shipments also contributing. Quanta shipped 4.5 million notebooks in June, up 28.57% from the previous month, bringing second-quarter notebook shipments to 11.5 million units, compared with 10 million in the first quarter.

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Exclusive: Geckos bets on AI materials beyond nano copper powders and CPO waveguides

As generative AI drives rapid growth in high-performance computing (HPC) demand, the semiconductor industry is shifting from process-node competition to materials competition. Geckos chairman Raymond Shen said that once chip manufacturing advances to 2nm and beyond, improvements in AI computing power are no longer just a chip-design issue, but are increasingly constrained by materials’ heat dissipation and high-frequency signal transmission capabilities.

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Microsoft AI data center faces Wisconsin lawsuit over noise and light pollution

Microsoft’s US$7.3 billion Fairwater AI data center in Wisconsin is facing a class-action lawsuit from nearby residents over alleged noise, light pollution, dust and heavy truck traffic. The complaint, filed on July 1, centers on the Sturtevant and Mount Pleasant areas and highlights growing community concerns around large-scale AI infrastructure.

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Taiwan wireless specialist Climax Technology set for mainboard listing as US, Europe orders drive record 1H26 revenue

Wireless communications specialist Climax Technology is preparing for a listing on the TWSE mainboard later this month after posting record first-half 2026 revenue, supported by broad-based demand across Europe and North America. With production running at full utilization, the company is investing NT$2.3 billion (approx. US$71.72 million) in a new manufacturing facility in northern Taiwan to support its next phase of growth.

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Hyundai Rotem targets 2029 hydrogen rail launch as Foshan case raises cost concerns

South Korea’s hydrogen rail commercialization is entering the final stretch, with Hyundai Rotem, a unit of Hyundai Motor Group, building hydrogen trains equipped with Hyundai Motor’s in-house fuel cell system. The first commercial service is expected as early as 2029, but a 2024 shutdown of hydrogen trains in Foshan, China has raised questions about economic viability.

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LGES posts higher second-quarter sales, supported by US production credits

LG Energy Solution (LGES) reported stronger second-quarter sales and a swing back to operating profit, a result that could matter for global investors tracking how policy incentives are shaping vehicle manufacturing profits. The company said US production credits boosted its results, while underlying operating performance would have been weaker without those subsidies.

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