Tech Volatility And Shifts
Bolt reports first net profit while Malaysia seizes AI chips and South Korean markets halt trading amid a broader technology sector sell-off.
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- MARKETDeepSeek developing custom AI inference chip to reduce reliance on Nvidia and Huawei
The move signals a strategic pivot toward self-sufficiency in silicon for Chinese AI developers, potentially reshaping supply chains for inference workloads.
- EVENTChina to open world's first fully robot-staffed hotel
The launch marks a commercial milestone for AI in hospitality, following Nvidia's push to deploy robotics beyond the lab and trials at Tokyo's Haneda Airport.
- EVENTSanya leverages free trade port status to expand maritime research hub
China's southernmost province is using special economic zone privileges to boost crop breeding and ocean exploration capabilities in Hainan.
- MARKETSingapore seizes $40m bungalow in Nvidia chip smuggling probe
Authorities freeze assets linked to illegal AI chip transfers, underscoring enforcement risks for semiconductor supply chains.
- MARKETUzbekistan targets $5bn in AI and IT exports by 2030
Central Asian nation pivots from low-cost outsourcing to high-value digital services, leveraging energy resources and a young workforce to attract foreign investment.
- DATABolt posts first-ever net profit of €900,000 in annual report
The Estonian ride-hailing unicorn turns a corner on profitability, signaling operational maturity as it scales across Europe and competes with Uber.
- EVENTMalaysia intercepts US$13 million shipment of advanced AI chips
The seizure underscores tightening enforcement on high-end semiconductor exports amid ongoing US-China tech restrictions.
- MARKETKospi halts trading for third time this week as tech sell-off deepens across Asia
Circuit breakers triggered in Seoul as investors unwind gains in technology stocks, extending a broader regional equity rout that began on Wall Street.