Gem Terminal bets on specialty copper to capture AI server cooling demand
Gem Terminal Industrial Co. said its strategic transformation into specialty copper materials drove record quarterly profits in the first quarter of 2026 and positioned itself to pursue AI server cooling and high-end conductive applications. Executives presented results at the 2025 annual general meeting on June 23 and highlighted integrated production capabilities spanning casting, extrusion, rolling, and milling that underpinned the improved financial performance.
Well Shin wins China cloud orders for AI server power cords and shifts production to Vietnam
SoftBank rejects space data centers and commits to Earth-based AI compute
SoftBank Group said it will prioritize building large-scale terrestrial AI data-center capacity rather than pursuing space-based data centers, with founder Masayoshi Son arguing that the decisive advantage in artificial intelligence will come from compute infrastructure deployed on Earth.
BenQ Materials unveils medical strategy, eyes 50% revenue share
Foldable iPhone centers on South Korean OLEDs for supply in 2026
EU eyes tariffs on Chinese PHEVs as BEV curbs prove ineffective
Super El Niño and AI power demand boost fuel cells
The rising chance of a 2026 super El Niño, combined with surging power demand from AI data centers, is intensifying pressure on power systems and the grid. Bloom Energy said in a new report that on-site power generation is the answer for meeting data center electricity needs, and suppliers such as Kaori and Acbel Polytech are also upbeat on fuel-cell demand.
Nvidia targets robot safety as humanoids edge toward factory floors
Getting humanoid robots into factories and warehouses has always depended on two things: making them smart enough to be useful and safe enough to work alongside people.
China’s Starlink challenger Qianfan seeks US$740M backers for LEO satellite expansion
Shanghai Spacecom Satellite Technology (SSST, also known as Ambandha), operator of China’s Qianfan low Earth orbit (LEO) satellite internet constellation, has launched a new funding round as the country’s commercial space sector transitions from proof-of-concept to scaled deployment.