Nexperia warns customers face impending production halts and urges its Chinese unit to reengage, says it hadn't got "any meaningful response" despite outreach (Sarah Jacob/Bloomberg)

MediaTek Inc. shares surged by 22%, marking its best week since 2002, driven by excitement surrounding Google's latest AI model, Gemini 3, and the announcement of MediaTek as a partner for Google's TPU chips. This uptick reflects investor optimism about the future of AI technology and its implications for chip manufacturers.

China's top economic planning agency has issued a warning about the potential risk of a bubble forming in the rapidly expanding humanoid robotics industry, where over 150 manufacturers are currently operating. This caution reflects growing concerns about market saturation and the sustainability of investments in this sector.

Nexperia has issued a warning that its clients across various industries are facing imminent production halts, prompting the company to urge its Chinese unit to take decisive actions to re-establish communication. This situation highlights ongoing supply chain challenges affecting the semiconductor sector.

Germany-based Quantum Systems, known for its surveillance drones utilized in Ukraine, has successfully raised €180 million, resulting in a tripling of its valuation to €3 billion since May. This funding is aimed at enhancing its production capabilities of unmanned aerial systems.

Alibaba Group Holding Ltd. has commenced sales of its Quark S1 smart glasses in China, priced at approximately $537. These glasses are powered by Alibaba's Qwen AI models, marking the company's entry into the consumer hardware market. International versions are expected to be released in 2026.

Dell Technologies Inc. and HP Inc. have issued warnings about potential memory-chip supply shortages in the upcoming year, attributing this to the surging demand driven by the expansion of artificial intelligence infrastructure. This situation reflects the increasing reliance on AI technologies across various sectors, which is expected to strain supply chains.

Dell has raised its outlook for AI server shipments, indicating a positive trend in demand for its products, while HP has announced plans to cut up to 6,000 jobs by 2028 as part of a restructuring effort focused on artificial intelligence. This juxtaposition highlights the contrasting fortunes of two major players in the technology sector.

The Pentagon has identified Alibaba Group Holding Ltd., Baidu Inc., and BYD Co. as companies that provide aid to the Chinese military, as stated in a letter to Congress dated October 7. This classification comes amid ongoing tensions between the U.S. and China regarding technology and military cooperation.