
Benefiting from product mix optimization and a higher contribution from industrial applications, connector maker Sinbon on July 23, 2026, announced its unaudited operating results for the second quarter of 2026. Consolidated revenue and net profit after tax both hit the highest level for the same period on record, rising 16.58% and 19.02% year-over-year, respectively. However, operating profit edged down 1.76% quarter-over-quarter, weighed by higher strategic investment expenses.
Nvidia CEO Jensen Huang has taken an increasingly forceful position against possible sanctions from the Trump administration, arguing that US companies should remain free to use Chinese open-source AI models.
Industrial PC (IPC) maker Advantech is deepening its collaboration with AMD, unveiling a next-generation AI and edge computing server platform at AMD Advancing AI 2026 that is powered by the latest AMD EPYC 9006 series processors. Through a full board-to-system product lineup, the company is extending AI applications from data centers to the edge.
NAN GreenMet Pvt. Ltd. has launched NAN MagneTech Pvt. Ltd. to develop what it says will be India's first fully integrated manufacturing facility for high-performance Neodymium-Iron-Boron (NdFeB) rare earth magnets. The company plans to invest INR12.5 billion (US$130 million) in the project, which will be located at the Naidupeta Industrial Park in Andhra Pradesh, with commercial production targeted for the first quarter of 2028.
Stripe is in talks to acquire AI model-routing startup OpenRouter in a deal that could value the company at around US$10 billion, according to The Wall Street Journal, which cited people familiar with the matter. The report said an agreement could be announced soon, although negotiations could still collapse or another bidder could emerge. The acquisition would significantly expand Stripe's ambitions beyond payments into AI infrastructure.

