After sharp swings in the memory spot market in April and May 2026, the industry's tight supply-demand balance has not changed. Spot prices through the end of May have recovered modestly from April, while the third-quarter memory contract price increase is expected to slow from a high base but remain firmly on an upward trend, with quarterly gains likely to stay in the double-digit 10-20% range.

Hewlett Packard Enterprise (HPE) reported a record second fiscal quarter of 2026, with management saying accelerating demand for AI infrastructure, networking, and enterprise modernization has pushed the company two years ahead of its original fiscal 2028 financial targets.

Nvidia CEO Jensen Huang held a global media session on June 2 with an unusual guest: MediaTek vice chairman and CEO Rick Tsai, who joined Huang to share the inside story of how the two companies developed RTX Spark, the AI PC platform that Huang described as the beginning of the agent computing era.

Nvidia CEO Jensen Huang announced at GTC Taipei on June 1st that the company is launching Vera, a new CPU designed specifically for agentic AI workloads. The announcement reframes the CPU market around a simple but consequential argument: every CPU built until now was designed for human users. Vera is designed for AI agents.

Corporate adoption of artificial intelligence tools has cooled as firms across technology and consumer sectors flagged soaring token costs and uncertain returns, according to recent reporting by The Information, Axios, and Fortune. Executives said mounting compute expenses have, in many cases, exceeded labor costs, prompting moves to curb usage and rethink vendor choices as cost-control measures accelerated in the first half of 2026.

China moved in late 2025 to prohibit companies from citing AI adoption as a reason for layoffs, directing employers to justify any workforce reductions as unrelated to AI, executives said. The policy followed meetings between senior officials and major employers to assess AI's impact on jobs and aimed to avoid social instability as firms accelerate AI deployment.

South Korean internet giant Naver said it has formed a dedicated defense AI organization to pursue military AI transformation, deploy field engineers to client sites, and develop defense-specific AI capabilities. The move was disclosed by South Korean media outlets Seoul Economic Daily and Maeil Business Newspaper, which reported that Naver Cloud has established a "Defense AX Special Task Force" to commercialize AI services for defense customers.

At his Copmutex 2026 keynote, Qualcomm CEO Cristiano Amon said the presentation was not about Qualcomm itself, but about all the companies driving technological progress, including suppliers and development partners. Reflecting that message, the stage backdrop prominently featured numerous Taiwanese supply chain partners and customers.

Chinese AI startup DeepSeek said it will permanently cut the API price of its flagship model by 75% from June 1, prompting debate across the global AI industry. Amazon AWS said the move may matter less as a price war than as a bid to change how AI infrastructure is built and sold.

During Global Connect Show (GCS) 2026 in Shenzhen, China, Pixverse AI presented and demoed its AI video platform, reflecting the exceptional rate at which AI video is transforming. According to the Chief Representative of Singapore and Global PR Head at Pixverse AI, Robyn Tan, the platform supports three creation paths: text-to-video, image-to-video, and multi-image cinematic production.

Foxconn said its Genesis smart manufacturing project has delivered measurable gains in AI-driven factory operations, with production-line scheduling efficiency up 50%, misjudgment rates down 50%, and root-cause analysis accuracy rising to 90%. The company also said the time needed to build new plants and deploy production lines has been cut by more than 60%.