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Real-time News
Alibaba (09988.HK): Over the next five years, our goal is to bring the total external revenue of our cloud intelligence and artificial intelligence businesses to over US$100 billion.March 19th – The 71st meeting of the APEC Energy Working Group was successfully held in Nanchang, Jiangxi Province, from March 18th to 19th. The meeting focused on the theme of the 2026 APEC China Year, "Building an Asia-Pacific Community for Common Prosperity," and proposed the energy theme of "Building an Inclusive, Innovative, and Collaborative Asia-Pacific Energy Community." Representatives from various economies conducted in-depth discussions on the implementation of existing initiatives and the design of outcomes for the 2026 APEC China Year, focusing on three priority areas: "High-Quality Universal Energy Services," "Artificial Intelligence + Energy," and "Asia-Pacific Energy Collaborative Governance." They exchanged views frankly and laid the groundwork for reaching consensus on energy-related outcomes for the 2026 APEC China Year.On March 19, the Shenzhen Municipal Peoples Government and China Southern Power Grid Co., Ltd. signed a framework agreement in Shenzhen to comprehensively deepen their strategic cooperation during the 15th Five-Year Plan period. According to the agreement, both parties will adhere to the principles of "forward-looking planning, innovation-driven development, pioneering demonstration, mutual promotion, and common development," jointly promoting long-term strategic cooperation in areas such as energy transition, power grid construction, business environment, science and industry integration, international exchange and cooperation, and reform demonstration, and successfully completing major power supply tasks such as the APEC meeting.On March 19th, TrendForce reported that two major semiconductor foundries, TSMC and Samsung Electronics, have raised prices for their main advanced AI chip manufacturing processes, 5nm and 4nm. TSMCs 5nm/4nm, 3nm, and 2nm node capacities will continue to be fully utilized, and prices for these processes have been increased across the board. Samsungs 5nm/4nm order volume has also increased significantly, leading to a price increase notice to customers in Q4 2025.The European Parliament will vote on the US-EU trade agreement next week.
