OpenAI moves up IPO timeline to get ahead of Anthropic

OpenAI is preparing to file for an initial public offering (IPO) in the coming weeks, a move that could sharpen its competitive edge in the AI race. While company executives had previously targeted a listing in the fourth quarter of this year or later, the accelerated filing is expected to substantially advance the offering’s schedule. According to The Wall Street Journal, the initial paperwork could be submitted to regulators as early as Friday.

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Demand surge for power semiconductors reshapes data-center power and cooling, pushing suppliers toward SiC and GaN

Demand for power components is surging as AI servers adopt high-voltage direct current power delivery and advanced cooling technologies. This shift could increase component density and design complexity across the data center supply chain. Taiwanese power semiconductor makers are moving into cooling and power-management MOS technologies, as well as higher-spec upgrades.

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Texas Instruments sues former exec over trade secret theft at GlobalFoundries

Bloomberg reports that Texas Instruments (TI) has sued former vice president Kannan Soundarapandian, alleging he joined GlobalFoundries without fully disclosing his new employer and may bring proprietary power semiconductor knowledge into competitive use. TI is seeking to block his role, arguing it could expose confidential process “recipes, roadmaps, and know-how,” with broader implications for competition in power device manufacturing and advanced process development.

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Yulon to fully back Foxtron production as N7, Bria and Carvia enter mass production

Yulon Motor said at an investor conference on May 20 that it will fully support Foxtron Vehicle Technologies’ production capacity requirements, with the N7, Bria, and the latest Carvia models now being mass-produced at Yulon’s Sanyi plant. The company disclosed first-quarter 2026 operating results and outlined a strategy covering vehicle manufacturing, energy services, asset monetization, and overseas expansion.

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LG Innotek wins long-term substrate deals as Intel and cloud giants secure supply

LG Innotek has secured substrate supply terms with major technology customers that increasingly resemble long-term agreements used in the memory-chip sector, boosting the South Korean supplier’s revenue visibility and reducing profit volatility, according to reports.Hankyung and Yonhap, citing a KB Securities report, said the proposed contracts include large upfront payments, binding multi-year supply commitments with penalty clauses, and equipment investment support from customers.

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