The global semiconductor and artificial intelligence landscape saw multiple developments, with Apple and Nvidia competing for the world’s highest market valuation, China’s Moonshot unveiling the Kimi K3 AI model, and UBS highlighting India’s IT services sector as a diversification opportunity. TSMC also announced an additional $100 billion investment in Arizona, citing sustained long-term demand for advanced chips while identifying labor shortages as the main constraint to expanding US manufacturing.
First Published: Jul 20, 2026 8:16 AM ist




