Tesla CEO Elon Musk has denied a Wall Street Journal report on an internal plan within Tesla to prepare for a possible separation of its China operations. Despite his rebuttal, the report has still drawn attention to a wider transformation underway across the technology industry,

Driven by robust AI-related demand for advanced packaging and testing, ASE Technology Holding has raised its 2026 capital expenditure budget for a second time this year to a record US$10.5 billion, up from its original plan of US$8.5 billion.

Pegatron chairman Tzu-hsien Tung said that although he is not an investment expert, from an industry perspective he remains optimistic about the long-term outlook for artificial intelligence (AI), despite recent volatility in the capital markets sparking debate over whether the AI boom has begun to fade. While short-term markets are inevitably subject to intense fluctuations driven by international events, what matters more is the strength of Taiwan’s industrial base, with AI driving growth across upstream, midstream, and downstream supply chains and gradually expanding from a single “silicon shield” into a broader “mountain range” of strategic industries.