Applied Materials laid out long-term targets on October 14, projecting service revenue above $12 billion by 2030 and a bigger share of the wafer fab equipment market. The US chip toolmaker also pledged to return most of its free cash flow to shareholders.
America's latest short-term debt sales cleared with healthy bid-to-cover ratios while WTI crude rose toward $95 a barrel. The mix of firm demand for government paper and rising energy prices frames the week for global investors.
Canyon Semiconductor will begin trading on Shenzhen's ChiNext board on October 13, pricing shares at 12.01 yuan each in a listing that underscores China's push for domestic chip capacity.
Samsung Electronics reported a third-quarter operating profit of 107.4 trillion won, up 783% year on year, though revenue of 195 trillion won fell short of analyst estimates. The numbers show how much of the global memory market now runs on AI data-center spending.
Taiwan's chipmaking giant is in talks with Elon Musk's Terafab wafer project, with Musk confirming discussions are underway. The move could reshape where advanced chips for Tesla and SpaceX get built.
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