GlobalWafers said on May 4 that its first-quarter performance reflected a transitional period, as short-term cost pressures and capacity expansion weighed on margins even as demand tied to artificial intelligence (AI) and high-performance computing began to strengthen.
The rapid spread of generative AI applications and rising demand for computing power have pushed global data center construction into a high-growth phase, further straining an already tight supply chain.
The AI race is entering a new phase, and it may look far less like a pure software business than Silicon Valley once imagined.
Google DeepMind, Microsoft, and xAI have signed agreements giving the US government early access to unreleased frontier AI models for national-security testing, expanding Washington's ability to assess advanced commercial systems before they reach the public.
Flex shares rose 13% in after-hours trading on May 5 after the electronics manufacturing services (EMS) provider forecast fiscal 2027 results above Wall Street expectations and announced plans to spin off its Cloud and Power Infrastructure segment into a separate publicly traded company.
