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Samsung Electronics will build a second wafer fabrication plant in Taylor, Texas, to produce high bandwidth memory chips for AMD and NVIDIA. The plant is expected to break ground this month, utilizing 2-nanometer process technology, covering approximately 2.7 million square feet, and being 1.5 times the size of the first plant.Equipment installation is expected in February 2029, with mass production starting in 2030.

According to Bloomberg, Bill Winters, the CEO of Standard Chartered, stated at the Global Financial Leaders Investment Summit hosted by the Hong Kong Monetary Authority on November 3 that the evolution of artificial intelligence is causing a "fear factor" among employees. However, he reassured anxious employees that the industry has previously undergone similar transformation processes.In response to questions about the evolution of AI, Winters mentioned that Standard Chartered currently has about 100,000 employees, which is roughly the same number as when he joined the bank 11 years ago; "We have automated approximately 25,000 positions during this process and replaced them with other roles."Bloomberg reported that AI may be impacting hundreds of thousands of jobs. Standard Chartered is headquartered in London, with a business network primarily covering the markets in Asia, Africa, and the Middle East. Winters joined the bank 11 years ago and has served as CEO since then.

According to a report by the Korean News Agency, South Korea's Minister of Trade, Industry and Energy, Kim Jong-hwan, stated on November 2 at a public forum of the National Economic Advisory Council held in Seoul that the country will link three major projects: semiconductors, AI data centers, and physical AI, to create a national growth platform. The total investment plan for these three major projects is approximately 160 trillion Korean won, which is about 60% of the annual GDP of South Korea at the project's launch year.The government will promote the semiconductor factory's production timeline by at least two years through measures such as one-stop processing for licensing approvals and the formulation of the "Super Wide Area Special Zone Act." Kim Jong-hwan also proposed the M·E·G·A four major promotion strategies, which are to consolidate national power, encourage participation from all economic entities, create new growth momentum, and expand the effects of the results.

Intel (INTC.O) CEO stated that the shutdown of the Israeli factory will affect the shipment of 10-nanometer servers in the fourth quarter.

Samsung Electronics stated that the investment plan for the chip division will be used to build new fabs and other infrastructure to meet strong demand for AI and HPC, while ensuring readiness in the medium to long term.

Hardware wallet manufacturer Keystone's device verification keys were stolen, halting shipments and destroying 18,835 unsold devices, with 25,964 buyer records leaked.

Insiders have confirmed that Solidigm, a U.S. subsidiary of SK Hynix (SKHY.O), is in discussions with the U.S. Department of Commerce regarding a $45 billion U.S. factory project.

The official account of Alibaba Cloud stated that the large model company Step Star has globally released its flagship open-source model Step 5 Preview, positioned as a primary working model for real-world intelligent agent tasks, excelling in AI programming, software engineering, professional knowledge work, and financial scenarios. The model has a total of 600 billion parameters and 27 billion active parameters, utilizing sparse MoE, with a maximum context window of 1 million, capable of processing text, images, and videos. The article mentions that it recently ranked second globally in both weekly and daily call volume on OpenRouter. On the day of the release, Alibaba Cloud announced the completion of DAY0 adaptation, optimized for joint inference based on chips, super node instances, and models, with inference computing power provided by the Lingjun super node.Step Star has developed its own intelligent agent reinforcement learning training platform, with the sandbox platform managed by Alibaba Cloud. The solution is based on Alibaba Cloud's Agent Sandbox and Kubernetes container service, aimed at elastic computing power in training mode, claiming to create tens of thousands of sandboxes in a single minute, with a maximum concurrency of up to one million, compatible with E2B API, and providing native Kubernetes interfaces. Through multi-level image caching, intelligent pre-scheduling, and control link optimization, it achieves millisecond-level application and minute-level creation of 30,000 sandboxes, with the sandbox lifecycle uniformly managed by Alibaba Cloud's backend.In terms of storage, each Pod starts with 15GB of free temporary storage, automatically increasing by 30GB each time when usage exceeds 70%, up to a maximum of 300GB. For security, MicroVM-level isolation is adopted by default, covering computing, networking, storage, and permissions, with zero-trust access to cloud products and large model interfaces. The results provided in the article include: a 90% reduction in image startup time, model evaluation cycles compressed from weekly to daily, and an average savings of about 40% on EBS storage costs; relying on ACK One Fleet, it can support the stable operation of hundreds of thousands of sandboxes simultaneously.

NVIDIA announced the launch of the Minerva platform, achieving end-to-end observability for AI factories.

According to a report by the Korean News Agency, Lee Won-ik, Chairman of the Financial Services Commission, stated during a comprehensive inspection at the National Assembly's Political Affairs Committee regarding the taxation of virtual assets to be implemented next year, "Various circumstances need to be fully considered." On the same day, People Power Party member Song Yeon-sik questioned whether to abolish or postpone the taxation, stating that the nature of digital assets and policy direction have not yet been determined, and that the "Basic Law on Digital Assets" should be prioritized. Lee Won-ik responded that the relevant legislation on digital assets is in the final negotiation stage and discussions will be promoted as soon as possible; regarding taxation, opinions from various parties are diverse, and collection of opinions is still ongoing.The taxation of virtual assets in South Korea was introduced in 2020 through amendments to the Income Tax Act, having been postponed three times previously. The government is currently advancing administrative procedures according to the timeline for implementation in January next year, but some in the industry and even within the ruling party believe that due to unclear standards and insufficient infrastructure, the timing for implementation is not yet mature.

NVIDIA launched the DSX POD artificial intelligence factory to accelerate infrastructure deployment in Europe. The DSX Pod module can reduce deployment time to as fast as 14 days.

Siemens stated that it is collaborating with NVIDIA to promote the development of AI-driven autonomous factories.

According to the Industrial and Commercial Times, Japan's Ministry of Economy, Trade and Industry has approved TSMC's first phase plan for the production of advanced semiconductors using 3-nanometer process at its second factory in Kumamoto Prefecture. This will be the first time a manufacturer in Japan produces 3-nanometer chips. TSMC can further expand its production capacity based on additional support from the Japanese government. Kumamoto Prefectural Governor Seiji Kimura stated that this plan will drive a new wave of creative revitalization.The Nikkei reported that the Ministry of Economy has listed the Kumamoto second factory as a recipient of subsidies, with plans to produce 3-nanometer chips, expected to officially start production in December 2028, with final capacity depending on the amount of subsidies. The Ministry will include the budget needed for subsidies in the fiscal year 2027 budget request, with the Japanese government originally planning to provide 732 billion yen in subsidies. The Asahi Shimbun pointed out that the Kumamoto second factory is still under construction and is adjacent to the already operational Kumamoto first factory.Previously, TSMC planned for the second factory to manufacture 6-nanometer and 12-nanometer processes, with a monthly capacity of 48,000 wafers, and planned to produce 40-nanometer chips; in February this year, the plan was changed to 3-nanometer, reducing the monthly capacity to 6,000 wafers. The adjustment plan for the Kumamoto first factory was also approved by the Ministry, with the original plan to produce 55,000 wafers per month covering 22 to 28 nanometers and 12 to 16 nanometers, while the new plan stops production of 12 to 16 nanometers, changing to 45,000 wafers per month for 22 to 28 nanometers.

U.S. President Trump stated that GlobalFoundries will invest $21 billion in Malta, New York, to build two large semiconductor manufacturing facilities, with funding provided by Japan based on a previously reached trade agreement.

GlobalFoundries plans to build two chip factories with up to $21 billion in funding support from the Japanese government. The U.S. government will acquire about 4% of the company's shares.The new factories will produce foundational chips, widely used in fields such as automotive, industrial equipment, and communication devices. This move aims to increase the production of foundational chips in the U.S. and reduce dependence on East Asian suppliers.

Elon Musk stated that although he currently "doesn't know how to manufacture microchips," he believes his company may find better manufacturing methods. He pointed out that during visits to competitors' facilities, he did not see much custom equipment, while his company has extensive experience in manufacturing custom equipment and is capable of improving the manufacturing process.

Elon Musk, CEO of Tesla and SpaceX, stated that his companies will be responsible for the construction and operation of the Terafab artificial intelligence chip complex, with TSMC only leasing a portion of it at most.Terafab is a project promoted by Tesla and SpaceX in Texas, aimed at building a giant chip factory. Musk emphasized that TSMC will not own or operate the factory.

According to Lianhe Zaobao, U.S. President Trump rejected Iran's latest proposal to reopen the Strait of Hormuz. This new round of macroeconomic uncertainty is putting pressure on risk assets, and Bitcoin has cooled off after several weeks of rapid gains, with its upward momentum stalling.In addition to geopolitical factors, the market continues to digest the Federal Reserve's interest rate hike measures and is also preparing for another possible rate hike in October. Since August 19, Bitcoin has risen by 28%, and now, Bitcoin is expected to achieve its best quarterly performance since the fourth quarter of 2024.

The GoPlus security team disclosed that a high-risk fraudulent Meme factory was recently discovered on the Robinhood Chain, with a transaction volume exceeding 9 million dollars in the past 30 days, involving hundreds of fraudulent Memes. The asset aggregation address is 0x8c3Bad30cc7563A2D0357F49509FFd063666bb00. As of September 28, 2026, the address balance is approximately 56.0635 ETH, equivalent to about 148,000 dollars; the address has a total of about 1,385 transactions, with the latest 400 transactions generating approximately 1,728.02 ETH in income and transferring out approximately 1,861.12 ETH; the two-way transaction volume is about 3,589.14 ETH, equivalent to about 9.49 million dollars.Direct evidence of "authorizing or selling tokens ---> liquidating ETH ---> transferring to the same aggregation address" was found in the high-risk associated Memes. The amount is the gross amount transferred into the aggregation system from the same project batch and does not represent net profit. The fraudulent Meme factory model mainly includes "new accounts shipping out ---> layered aggregation ---> fund recycling: 1. Creating Tokens based on industry hotspots; 2. Allocating Tokens to a large number of new EOAs with only 4 to 11 transactions; 3. Selling in segments through PonsV2Helper / UniversalRouter; 4. Emptying ETH to local aggregators or the main aggregation address (0x8c3bad); 5. Providing funds for the next round of projects, new wallets, and trading operations. The key to this fraud model is: 1. Using a large number of new wallets to hide the actual concentration of chips; 2. Segmentally selling by these wallets to create the illusion of multiple independent traders; 3. After the shipment is completed, funds flow into the same aggregation system; 4. Reinvesting the profits from old projects into the next round.On-chain researcher Wazz recently disclosed that a suspected continuous Rug gang initiated at least 53 Robinhood Chain Memes within about two months and extracted approximately 18.43 million dollars from them. Their main tactic is to control most of the token supply using 70 to 200 wallets, then reinvest the profits from the previous round into the next round. This case is similar to the fraudulent model in this case, but there is currently no evidence to indicate that it is the same gang.