The Russia–Ukraine conflict has transformed modern warfare, prompting nations to accelerate the development and mass production of diverse attack drones. Future battles may begin with waves of unmanned aerial vehicles (UAVs) whose low-cost, mid-to-long-range strikes are intended to exhaust expensive surface-to-air missiles, whether launched from land, sea, or aircraft, before clearing the way for more destructive warplanes and missiles.

GlobalFoundries (Nasdaq: GFS) has finalized its acquisition of MIPS, a US-based supplier of AI and processor IP, in a bid to fortify its position in differentiated semiconductor manufacturing and expand into high-growth segments such as artificial intelligence, edge computing, and advanced computing solutions.

Quanta and Foxconn have both stated that shipments of AI servers using application-specific integrated circuits (ASICs) will significantly increase in 2026. The rapid growth of ASICs not only drives volume but also helps alleviate margin erosion pressures.