The power batteries used in new energy vehicles (NEVs) are mainly dominated by ternary lithium batteries and lithium iron phosphate (LFP) batteries. China, which accounts for nearly 70% of the global NEV market, saw its LFP application reach 75% in the first quarter of 2025, up from 65% in 2024, demonstrating LFP’s strengthening grip on the NEV market.

Taiwan’s test interface supplier Keystone Microtech Corp. expects sustained order momentum through late 2025, fueled by growing demand for chip testing in AI and high-performance computing (HPC) applications. At the company’s annual shareholder meeting, Director and President An-hsuan Liu said order visibility remains strong through the fourth quarter and projected minimal impact from reciprocal tariffs on the broader semiconductor market in the second half of the year. Keystone is forecasting sequential revenue increases and targeting double-digit annual growth.

Nvidia CEO Jensen Huang announced an ambitious plan to multiply Europe’s AI computing capacity tenfold over the next two years by constructing 20 new “AI factories” in partnership with local tech and telecom companies. Speaking at VivaTech 2025 and the Nvidia GTC developer conference in Paris, Huang emphasized the urgency for Europe to build out its sovereign AI infrastructure and underscored the region’s growing influence in both artificial intelligence and quantum computing.