Information Technology

Cal-Comp Electronics (Thailand), or CCET, has disclosed a five-year strategic plan to press ahead with strengthening its EMS business while extending into higher-value technology products and businesses. Kongsith Chowkitcharoen said the company will expand into new businesses in AI Server, CSP, LVDC and HVDC, pursue New Business Technology, and upgrade production toward Smart Factory in the near term. The company is rushing to set up an AI Server production line, which is expected to begin operations before the end of the third quarter of 2026, while its CSP products are in the process of setting up a production line and preparing to start manufacturing in Thailand within the second half of 2026. On high-end power supplies, the company has already begun producing electric vehicle chargers, while CRPS and LVDC products are in trial production and are expected to enter commercial production in the second half of this year. HVDC, developed jointly with an affiliated company, is targeted to start production within 2027. Under the five-year long-term plan, CCET has a Quantum Computing project, for which it has already developed and produced a working prototype and is conducting joint research and development with ITRI in Taiwan as well as leading universities in Taiwan. It also has an LEO Satellite project carried out through a long-term collaboration with a leading satellite company from Taiwan, currently in the development and business-model study stage. The company is also developing new products such as a smart collar for cows, the world's first smart wearable for cattle, which has already succeeded in the New Zealand and Australian markets, as well as educational gaming devices and a CoBot that are in the production planning stage.

Micron reported fiscal Q4 revenue of $54.23 billion, up from $11.32 billion a year earlier, with non-GAAP earnings of $33.42 a share and non-GAAP gross margin of 87.0% versus 45.7% a year earlier. The company's Core Data Center unit generated $18.00 billion of revenue at a 90% gross margin, compared with $1.58 billion a year ago, and Micron is the only U.S.-based maker of high-bandwidth memory, working with Nvidia on the first custom HBM design. Micron has signed Strategic Customer Agreements, and noncurrent customer contract liabilities rose to $12.9 billion from $568 million a quarter earlier, while customer deposits brought in $12.75 billion during fiscal 2026. Fiscal 2026 operating cash flow was $89.68 billion and adjusted free cash flow was $62.31 billion, with fiscal Q1 2027 guidance calling for $61.5 billion of revenue plus or minus $1.5 billion and $38.15 of non-GAAP EPS plus or minus $1. Micron spent $27.37 billion net on capital projects in fiscal 2026, up from $13.80 billion in fiscal 2025, and at about 6 times expected earnings the stock trades far below its five-year average P/E of 74.27, with 184 hedge funds holding the stock in the most recent quarter, up from 154.

Cal-Comp Electronics (Thailand) Public Company Limited, or CCET, has unveiled a five-year business strategy that maintains the strength of its EMS business while extending into higher-value technology products and businesses to support the transition to a digital economy. Under the short-term plan, the company is accelerating the setup of an AI Server production line and expects operations to begin before the end of the third quarter of 2026. Meanwhile, products related to CSP, or Cloud Supply Provider, are in the process of having production lines established and are preparing to start production in Thailand in the second half of 2026. On high-end power supply products, the company has already begun producing electric vehicle chargers, while CRPS and LVDC are in trial production and are expected to enter commercial production in the second half of this year. At the same time, the company has partnered with affiliated companies to develop HVDC, or High Voltage Direct Current, technology, with the goal of starting production within 2027. For the long-term plan, the company is preparing to develop a Quantum Computing project, currently under research and development together with the Industrial Technology Research Institute, or ITRI, and leading universities in Taiwan, as well as an LEO Satellite project being carried out through a long-term partnership with a leading satellite services company from Taiwan. The company has also developed the CCLM platform for integrating data and AI technology, and is expanding its expertise in automation systems through Cal-Comp Automation & Industrial 4.0 Service Co., Ltd., or CCAU, a wholly owned subsidiary in which CCET holds 100%, with the goal of expanding markets into Southeast Asia, the United States and Brazil.

FTC Solar's fair value estimate has been lifted from US$8.88 to US$10.20, a roughly 15% increase in the updated model, as analysts weigh product traction and new orders against balance sheet risk. UBS lifted its price target slightly to US$3.60 from US$3.50, citing a product driven turnaround and pointing to recent U.S. and Australian orders plus initial shipments on the Fraser Coast project as evidence that the one module in portrait and First Solar compatible tracker solutions are gaining customer acceptance. Roth Capital cut its price target to US$7 from US$10 after what it called light Q2 results and a weak Q3 outlook, flagging execution risk around near term revenue and margin delivery. Roth also noted that FTC Solar breached debt covenants in Q2 2026 and obtained a lender waiver, the third covenant amendment since November 2025, and that Q3 guidance sits below the covenant threshold so further issues may occur. The updated model raised the revenue growth assumption from 42.00% to 47.33% and the future P/E multiple to 33.1x from 22.0x, while lowering the net profit margin assumption to 2.65% from 3.81% and raising the discount rate to 11.68% from 11.44%.

The Practical Solution Public Company Limited, or TPS, has launched "TALLI," an artificial intelligence platform developed by a Thai team to meet enterprise use cases. Boonsom Kijkasetsthaporn, an executive at TPS, said TALLI boosts operational efficiency within organizations, letting users access data conveniently, quickly, and accurately under the access rights, usage scope, and governance rules set by each organization. The launch marks another important step for TPS in leveraging its IT expertise to expand into new solutions and broaden its customer base. Meanwhile, the outlook for third-quarter 2026 earnings remains positive, driven by the gradual recognition of revenue from its backlog, which currently stands at approximately 1.784 billion baht and will be recognized according to plan. TPS continues to pursue bids and develop new solutions amid rising demand for digital and AI technology in the business sector.

Micron Technology reported fiscal fourth-quarter non-GAAP earnings of $33.42 per share on September 30, with quarterly revenue of $54.23 billion and operating cash flow of $43.97 billion, ending the year with $73.48 billion in cash and investments. Data center core revenue climbed to $18.00 billion from $11.52 billion in the prior quarter as AI buildouts widened, and management said agentic AI is pushing server unit growth into the high teens. The company has signed 26 strategic customer agreements covering roughly 35% of its production through 2030, with more than 75% of fiscal 2027 shipments already committed, and it raised HBM prices significantly for calendar 2027 while guiding next quarter's gross margin to about 86.3%. Capital spending reached $27.37 billion this fiscal year, most of the increase going into clean rooms in Idaho and Singapore that will not produce bits until late 2028, and about three-quarters of agreement revenue carries a defined pricing framework with floors and ceilings. Bit shipments in mobile and client fell for a second straight quarter, research spending is set to rise by more than $1 billion in fiscal 2027, and the stock trades at a forward P/E of 7.02 as of October 2, with 184 hedge funds holding it in the most recent quarter, up from 154, and short interest at just 2.45% of float.

Corning has signed a multi-year supply agreement with AT&T worth more than US$3b, tying its fiber and cable output directly to the buildout of U.S. connectivity infrastructure through 2030. The deal follows a strong run in Corning's shares this year, with an 81.09% year-to-date share price return and a 1-year total shareholder return of 98.21%, despite a 15.71% decline over the past 90 days. On the most followed narrative, Corning screens as 14% undervalued, with a fair value of $189.94 against a last close of $164.19. On an earnings yardstick the picture differs, with the shares trading on a P/E of 74.4x against a fair ratio of 53.3x, the US Electronic industry at 30.3x and a peer average of 48x. Corning's use of non-GAAP metrics and the potential for further equity issuance could unsettle confidence in earnings quality and raise the possibility of future dilution.

Palantir Technologies Inc. has secured a formal program of record designation for its Maven Smart System from the U.S. Department of War, with department-wide implementation set to take effect by the end of September. The designation expands the system's application across the Space Force, Navy, Air Force, Marine Corps and the Army. The development comes as investors await Palantir's third-quarter earnings report scheduled for November 2, which will show whether commercial growth sustains its pace. In the second quarter, revenues from the U.S. Commercial and U.S. Government segments jumped 149% and 90% year-over-year respectively, while international Commercial and Government revenues climbed 26% and 42%, supporting 93% overall topline growth and 225% year-over-year growth in bottom line figures. U.S. government revenue reached $809 million, nearly matching commercial revenues, keeping results closely tied to federal budget cycles. The company carries a $460.88 billion market capitalization, trades at a trailing P/E of 163.92x and a forward P/E of 85.47x, and holds only $211.4 million in total debt, a debt-to-equity ratio of 2.14%. Hedge fund ownership declined from 96 funds in Q1 2026 to 86 funds in the following quarter, while short interest sits at 2.83%.

Penguin Solutions will report third-quarter earnings this Tuesday after market hours, with the market expecting revenue to grow 54.2% year on year. That would mark an acceleration from the 8.6% increase the semiconductor maker recorded in the same quarter last year. Last quarter, Penguin Solutions beat analysts' revenue expectations with revenues of $478.7 million, up 47.6% year on year, and also beat EPS and operating income estimates. Analysts have generally reconfirmed their estimates over the last 30 days, though the company has missed Wall Street's revenue estimates multiple times over the last two years. Among its semiconductor peers, only Micron has reported so far, exceeding revenue estimates with year-on-year sales growth of 379% and trading up 2.9% on the results. Penguin Solutions shares are up 19.9% over the last month, ahead of the segment's average gain of 11.6%, and carry an average analyst price target of $74.29 versus a current share price of $61.75.

Cadence Design Systems introduced a new RTL Generation Agent within its ChipStack AI Super Agent in late September 2026, automating front-end digital design and verification from natural language. The announcement of the RTL Generation Agent came on 22 September 2026, extending ChipStack from verification into spec-to-RTL creation and updates, with early evaluations lined up with customers including Honda. Separately, Cadence tools helped Global Unichip Corp. deliver custom AI accelerators and hyperscale silicon on TSMC's advanced process technologies. Cadence's narrative projects $8.4 billion in revenue and $2.0 billion in earnings by 2029, requiring 12.9% yearly revenue growth and about a $0.6 billion earnings increase from $1.4 billion today, with a $405.47 fair value implying 15% upside to its current price. Some of the lowest ranked analysts were already assuming revenue of about US$8.1 billion and earnings near US$1.7 billion by 2029.

SMT shares closed the morning session at 6.80 baht, up 0.15 baht or 2.26%, after touching an intraday high of 6.90 baht, supported by three factors. First, positive sentiment in the electronics sector, with DELTA, HANA and KCE leading the market this morning after US employment figures came in below expectations, easing market worries that the Fed will accelerate rate hikes, while US semiconductor stocks surged on Friday night. Second, SMT has its own specific catalyst from its Optical business, which involves optical signal transmission and stands to grow with AI and data centers. Yuanta Securities expects orders from global Optical customers to gradually increase and sees a clearer impact on revenue and margin over the next two quarters. Third, Yuanta expects normal profit in the third quarter of 2026 to grow 65% quarter-on-quarter, and sees 2026 profit swinging from a loss of 146 million baht in 2025 to a profit of 150 million baht. For 2027, it expects profit to grow 88% year-on-year to 282 million baht. It has therefore raised its end-2027 fair value to 8.40 baht and maintained its buy recommendation. The closing price on 2 October already set a new 52-week high at 6.90 baht, while Yuanta's target price of 8.40 baht remains well above the current price.

Cal-Comp Electronics (Thailand), or CCET, has unveiled a five-year business strategy aimed at building on its EMS business to move into higher-value technology products and businesses. Executive Kongsith Chokvijitcharoen said the company will expand into new businesses in AI Server, CSP, LVDC and HVDC, while pushing into New Business Technology alongside the development of Automation and AI to elevate itself into a Smart Factory. Under the short-term plan, the company is accelerating the setup of an AI Server production line, which is expected to begin operations before the end of the third quarter of 2026, while its CSP products are in the process of setting up production lines and preparing to start manufacturing in Thailand in the second half of 2026. On high-end power supply products, the company has already begun producing electric vehicle chargers, while CRPS and LVDC are in trial production and are expected to begin commercial production in the second half of this year. HVDC, developed jointly with affiliated companies, is targeted to start production within 2027. Under the long-term five-year plan, the company has a Quantum Computing project, for which it has already developed a working prototype and is conducting joint research with ITRI in Taiwan as well as leading universities in Taiwan. It also has an LEO Satellite project being carried out through a long-term partnership with a leading satellite service provider from Taiwan. CCET currently also has a new product, a smart collar for cows, the world's first smart wearable for cattle, which has already succeeded in the New Zealand and Australian markets, with plans to expand into Brazil. Meanwhile, its subsidiary CCAU, wholly owned by CCET, aims to expand its automation systems business into the Southeast Asian, United States and Brazilian markets.

The Practical Solution Public Company Limited, or TPS, has launched the TALLI platform, a fully Thai-built AI platform developed from the company's IT expertise. Boonsom Kijkasetsthaporn said TALLI will boost operational efficiency within client organizations, giving them convenient, fast, accurate and correct access to data within defined permissions, scope and governance. The company sees the launch as an opportunity to expand its core business and a positive signal for its third-quarter 2026 performance. The company currently has a backlog awaiting revenue recognition of 1.784 billion baht.

Airship AI Holdings has announced $29 million of firm-fixed-price awards from an agency within the Department of Homeland Security, a sum larger than its approximately $18.2 million of trailing revenue. The awards carry a six-month performance period and cover software integration, edge and server-side AI products, and hardware. BigBear.ai, by contrast, ended June with $409.8 million in cash and investments and approximately $16.6 million of debt, alongside a $269.6 million backlog. BigBear's June-quarter revenue grew 13% to $36.7 million with gross margin of 32.8%, but its adjusted EBITDA loss widened to $11.6 million from $8.5 million. At October 2 prices, BigBear traded at about 9.7 times trailing revenue versus roughly 4.0 times for Airship, while Airship reported $12.4 million in cash and used only about $235,000 in operating cash during the June quarter.

Viasat Inc., through its subsidiary Inmarsat Government, Inc., was awarded the U.S. Space Force's MECS2 contract in September 2026, securing an initial US$42 million task order under a seven-year Indefinite Delivery/Indefinite Quantity agreement with a ceiling of up to US$307 million to provide fully managed global SATCOM services for the U.S. Marine Corps. The award deepens Viasat's role in secure, multi-orbit government communications and highlights the importance of its ViaSat-3-enabled Ka-band network and 24x7 managed services capabilities. The company's narrative projects $5.5 billion revenue and $626.3 million earnings by 2029, with forecasts yielding a $103.94 fair value, a 44% upside to its current price. Some of the lowest ranked analysts were far more cautious, assuming only about 3.9 percent annual revenue growth and continued losses. The MECS2 award looks incrementally positive for the investment thesis, reinforcing defense demand and multi-orbit capabilities, but it does not by itself resolve near term pressure from high ViaSat-3 and Inmarsat capex or the risk that broadband subscriber declines keep weighing on revenue quality.

Arista Networks raised its 2026 revenue guidance to US$12.60 billion, including at least US$3.50 billion from AI-related business, after reporting second-quarter fiscal 2026 revenue of US$3.00 billion, a 37.7% year-over-year increase. The higher outlook underscores how AI-driven cloud networking has become a central revenue pillar for the company, shaping its growth mix across hyperscale and enterprise customers. Arista was also added to the S&P 100 in September 2026, a move that reflects its growing weight in large-cap U.S. equity indices just as management ties more of its outlook to AI-related revenue. The company's longer-range narrative projects US$21.4 billion in revenue and US$8.2 billion in earnings by 2029, requiring 26.6% yearly revenue growth and an earnings increase of about US$4.2 billion from US$4.0 billion today. Some of the lowest-ranked analysts had already assumed about US$18.6 billion of 2029 revenue and US$6.9 billion of earnings before this guidance, illustrating how differently Arista's AI exposure and long-term supply commitments can be read.

Schneider Electric is nearing an agreement to acquire U.S. engineering software company PTC for more than $20 billion, Bloomberg News reported, citing a person familiar with the discussions. A transaction could be announced as early as Monday morning, the person said, and the potential deal was reported earlier Sunday by the Financial Times. Neither Schneider Electric nor PTC has commented on the potential deal, which if completed would be the largest acquisition in Schneider Electric's history, according to data compiled by Bloomberg. PTC develops software used by manufacturers for product design, product lifecycle management and connected industrial operations, and adding those capabilities could deepen Schneider's push toward integrating software with the equipment and automation systems used by industrial customers. The potential acquisition would follow another recent Schneider deal: the company last month agreed to acquire smart-device maker Shelly Group for €1.2 billion, or about $1.35 billion.

Schneider Electric is close to a deal to buy U.S. industrial software maker PTC for about $20 billion, the Financial Times reported on Sunday, citing people familiar with the matter. The deal could be announced as soon as Monday, though talks are ongoing and could still fall apart. Boston-based PTC has a market value of about $15.6 billion, according to LSEG data, and raised its annual revenue forecast in July, citing strong demand for its industrial software and AI tools. The potential acquisition would be Schneider's latest move to expand its software and digital operations. The French company is also pursuing the acquisition of Bulgarian smart-home equipment maker Shelly Group for €70 per share, valuing it at about €1.27 billion, an offer representing a roughly 4% premium to the share price before the announcement and conditional on securing at least 95% of the company's shares and receiving regulatory approvals.

Adobe announced in late September 2026 a partnership making it the National Hockey League's Official Creative, Marketing and AI Partner, alongside a multi-year AI-powered customer experience collaboration with Jet2 to personalise holiday planning and travel content. The two alliances place Adobe's CX Enterprise, Firefly and GenStudio tools at the centre of large-scale customer engagement programs spanning sport and travel, with the Jet2 deal serving as a concrete proof point for CX Enterprise Coworker and agentic AI in a high-volume consumer setting. Adobe's investment narrative projects $33.4 billion in revenue and $9.5 billion in earnings by 2029, requiring 8.7% yearly revenue growth and roughly a $2.2 billion earnings increase from $7.3 billion today, and yields a $275.06 fair value representing 16% upside to the current price. More cautious analysts assume only about US$32.6 billion of revenue and US$9.3 billion of earnings by 2029, citing AI pricing pressure and ARR growth risk. The deals do not on their own remove near-term pressure around slowing net new ARR or the risk that AI pricing competition and the upcoming CEO transition unsettle earnings and sentiment.

Advanced Micro Devices has entered a definitive agreement to acquire World Labs, the AI model and research lab led by AI pioneer Dr. Fei-Fei Li, in an all-stock transaction valued at $8.2 billion that is expected to close by the end of 2026. Rosenblatt reiterated its Buy rating and $700 price target on AMD following the announcement, saying the deal could expand the chipmaker's AI software, modeling and simulation capabilities and accelerate its development of system-level AI platforms while opening opportunities in markets such as robotics. As part of the transaction, Dr. Fei-Fei Li will join AMD as executive vice president and chief scientist. The acquisition carries risks: because AMD will pay the full $8.2 billion purchase price in stock, existing shareholders will be diluted, and the deal does not immediately translate into chip revenue or earnings. The transaction also adds execution and integration risk at a time when AMD's valuation already reflects substantial AI growth expectations, with the stock up more than 180% year-to-date as of October 2 and the company valued at more than $1 trillion. Hedge fund interest rose in the second quarter, with 164 hedge funds holding AMD at the end of the period, up from 134 in the first quarter, while the stock trades at a P/E ratio of 156.79; in Q2 2026 AMD's revenue rose 50% year-over-year to $11.5 billion and diluted EPS jumped 156% to $1.38, and management expects Q3 revenue of approximately $13 billion, about 41% year-over-year growth.

Accenture reported fourth-quarter results on October 1 that beat its own revenue guidance, with revenue of $18.7 billion, up 7% in local currency, and bookings of $22.2 billion outrunning revenue. Every geography and both consulting and managed services grew at that same 7% pace, and managed services set a fourth-quarter record at $12.8 billion. The company ended fiscal 2026 with nearly 110,000 AI and data professionals, past its 80,000 target, while more than 400 clients began advanced AI projects during the year and bookings from its eight emerging AI and data partners more than tripled. Free cash flow reached $11.6 billion, about 1.4 times net income, and Accenture returned $11.5 billion to shareholders through $7.5 billion of buybacks and $4 billion of dividends, with at least $9.5 billion planned for fiscal 2027 and a quarterly dividend of $1.71 per share, up 5%, already declared. Fiscal 2027 guidance calls for 3% to 6% revenue growth in local currency, with 2% to 2.5% of that from acquisitions, and earnings per share guided to climb 3% to 6%, while the shares carry a forward P/E of 12.41 as of October 2.

Jabil reported fourth-quarter revenue up 29% year over year and core earnings per share up 34% to $4.40, and guided fiscal 2027 core EPS to $17.55, another gain of about 34%. The company generated $14.4 billion of AI-related revenue in fiscal 2026 and expects $22.1 billion in fiscal 2027, a 54% increase, with six customers in the segment expected to top $1 billion each in fiscal 2027. Jabil supported $36.0 billion of revenue in fiscal 2026 on just $470 million of net capital spending, lifting core return on invested capital to 59%, nearly triple the fiscal 2020 level, and buybacks absorbed about $1.1 billion of free cash flow during the year. On the risk side, chief supply chain officer Francis McKay said memory is being pulled toward AI and hyperscale buyers, squeezing other markets, and Connected Living is expected to shrink 15% to $2.3 billion, while healthcare fell short in the fourth quarter on equipment delays and a slipped customer program. Jabil is adding more than $8.5 billion of revenue in fiscal 2027, which management called unprecedented, and a second hyperscale customer is expected to pass 10% of total revenue, while net inventory days of 64 remain above the 55 to 60 day target.

Strategy founder and chairman Michael Saylor published data on the company's Bitcoin strategy with the concise comment: "More orange than ever." The post, which appeared on the company formerly known as MicroStrategy, signals a potential massive new Bitcoin purchase by the firm. Saylor's terse remark accompanied the release of the company's Bitcoin strategy data, though no specific purchase amount or dollar figure was disclosed in the source material. The comment echoes Saylor's long-running practice of teasing Strategy's Bitcoin acquisitions ahead of official announcements.

Nvidia's board authorized an additional $150B for its existing share-repurchase program, bringing the remaining authorization to $235B, which the company said was the largest increase to a share-repurchase authorization in history. Micron Technology reported fiscal fourth-quarter results and guidance that topped Wall Street's expectations by a wide margin, earning an adjusted $33.42 per share as revenue soared 379.1% year-over-year to $54.23B, versus analyst expectations of $31.72 per share on $51.49B in revenue. Accenture shares rose after its Q4 beat expectations and it forecast upbeat fiscal 2027 revenue growth, reporting GAAP earnings of $3.29 per share, revenue up 6.3% year over year to $18.7B, and new bookings of $22.2B. MongoDB shares fell after CEO Chirantan Desai stepped down effective immediately to become the newly created Chief Enterprise Platform Officer at Meta, with the board appointing Dev Ittycheria as interim president and CEO. Summit Therapeutics shares surged after AstraZeneca announced a $2B equity investment in the U.S. biotech and a clinical collaboration to develop new cancer treatments, purchasing convertible preferred shares at a conversion price equivalent to $18.36 per common share, a 10% premium to Summit's five-day volume-weighted average price. For the week, the Dow fell 1.26%, the S&P 500 lost 0.27%, and the Nasdaq Composite climbed 0.45%.

Harmonic Inc. introduced Recon, a Comcast co-developed network monitoring and measurement family that pairs in-network hardware, handheld tools and cloud software to give broadband operators real-time visibility into fiber performance and fault locations. In parallel, Harmonic's cOS virtualized broadband platform is enabling operators like Lightcurve to deliver multi-gigabit speeds over existing coax. The Recon announcement ties most directly to Harmonic's push around cOS SensAI, since Recon's field data feeds SensAI's intelligence layer for proactive fault detection and remediation. Harmonic's narrative projects $609.8 million revenue and $92.1 million earnings by 2029, requiring 15.3% yearly revenue growth and about an $83.6 million earnings increase from $8.5 million today, while some of the lowest estimate analysts assume revenue of about US$571,000,000 and earnings of roughly US$80,000,000 by 2029.

ASUS announced that the ASUS Googlebook 14 (CX9406CAA) is now available for purchase in the United States, priced at $1,299.00, online at the ASUS Store and Best Buy. The 14-inch ultraportable is the first-ever ASUS laptop designed for Gemini Intelligence, built on a shared Android foundation for seamless integration with Android phones. It weighs just 2.18lbs and measures 0.43 inches thin, with a CNC-machined magnesium-aluminum chassis finished in Dusk Ash and protected by Nano Ceramic Technology, tested to US military-grade MIL-STD 810H and ASUS Superior Durability standards. The laptop runs an Intel Core Ultra 5 325 processor with 16GB LPDDR5X memory and up to a 512GB PCIe 4.0 SSD, and features a 14-inch 16:10 3K OLED HDR touchscreen with up to 1000 nits peak HDR brightness and a 120Hz refresh rate, a six-speaker audio system, and a 70Wh battery rated at up to 18 hours of battery life. Every purchase includes up to $500 in additional value through a curated bundle of apps and services, most notably 12 months of Google AI Pro and 5TB of cloud storage, plus three months of YouTube Premium, Adobe Premiere Pro, Adobe Photoshop, and CapCut Pro, along with 12 months of Luminar and GeForce NOW.

ASUS announced that the ASUS Googlebook 14 (CX9406CAA) is now available for purchase in Canada, its first-ever laptop designed for Gemini Intelligence. The 14-inch ultraportable, weighing 0.99kg and measuring as thin as 10.9mm, is offered in an Intel Core Ultra 5 configuration with an MSRP of C$1,799 and an Intel Core Ultra 7 configuration with an MSRP of C$1,899, sold through the ASUS Store, Amazon, Best Buy, Canada Computers, Costco, and Staples. Eligible purchasers receive 12 months of Google AI Pro and 5TB of cloud storage, plus three months of YouTube Premium, Adobe Premiere, and CapCut Pro, along with 12 months of Luminar Photo Editor and GeForce NOW Fast Pass. Launch promotions include, until October 31, 2026, a choice at Best Buy between Pixel Buds 2a valued at C$180 or C$280 off a Google Pixel 9a, and, until December 31, 2026, a one-year warranty extension plus an ASUS AP1602 backpack and ASUS Marshmallow Mouse MD100 worth a combined C$170 at the ASUS Store, a C$150 gift card at Staples, a C$150 promo code at Amazon, a C$165 gift card at Costco, or a Logitech MX Master 4 mouse valued at C$160 at Canada Computers. The laptop pairs an Intel Core Ultra Series 3 processor with 16GB LPDDR5X memory and a 512GB PCIe 4.0 SSD, and features a 14-inch 3K OLED HDR touchscreen with up to 1000 nits peak brightness and a 120Hz refresh rate, a six-speaker audio system, a six-sensor haptic touchpad, WiFi 7, and a 70Wh battery rated for up to 18 hours.

ALT Telecom Public Company Limited, or ALT, disclosed that it is in negotiations for additional deals with global-tier customers, the Global Hyperscalers, in the fourth quarter of 2026, after signing network and digital infrastructure lease contracts worth a total of approximately 2 billion baht in the third quarter of 2026, with a contract term of 20 years. Preeyaporn Tangpaosak, Managing Director, told the Stock Vision news team that the company targets double-digit growth in revenue in the second half of 2026, driven by recurring revenue recognition from its existing network. The expansion of its large-customer base has raised the value of work awaiting revenue recognition, or backlog, for the group from 5.115 billion baht as of the second quarter of 2026 to approximately 6.9 billion baht in September 2026. The company is also proceeding with bids for smart grid power network systems and AMI smart meter installation work for the Provincial Electricity Authority and the Metropolitan Electricity Authority, as well as government work in security and digital fields, with a combined value of several billion baht. It is also pushing to connect networks in the Eastern Economic Corridor, or EEC, with data centers in Bangkok and overseas, setting a target internal rate of return, or IRR, for new projects of no less than 10 to 15 percent. The company sees three key drivers supporting revenue and profit growth over the next 12 to 18 months: the data center and AI trend, growth in smart meter and smart grid work, and margin expansion from operating leverage.

Micron beat sales and profit forecasts for its latest quarter, driven by voracious demand from the AI boom, with guidance also strong except for margin comments on the earnings call that may have caused a muted market reaction. The memory chipmaker added about $43 billion in sales during the most recent quarter compared to the year-ago quarter, and more than $13 billion in sales from the quarter reported three months ago. Operating margins exploded in all business segments, exceeding 80% in some segments. Micron executives signaled tight capacity and higher prices for its products until 2028, with D.A. Davidson analyst Gil Luria saying expectations for tightening supply-demand conditions through both 2027 and 2028 meaningfully extend the industry's runway for strong pricing and earnings growth. The stock trades on a single-digit forward P/E ratio.

Pegasystems announced Launchpad.io's AI Assistant, a conversational development tool that lets enterprises design, build, and evolve applications using natural language while preserving governance, reliability, and scalability. The assistant turns plain-language business requirements directly into application logic, workflows, and data models, which could widen participation in enterprise software development across non-technical teams. The launch follows the general availability of Pega Infinity 26 in July 2026, which introduced broader AI assistants, agentic workflows, and no token pricing across the core platform, with Launchpad.io extending those ideas into more accessible, conversational app creation. Pegasystems' narrative projects $2.3 billion in revenue and $334.9 million in earnings by 2029, requiring 10.1% yearly revenue growth and an earnings increase of about $10.9 million from $324.0 million today, while some of the most optimistic analysts already expected about US$2.4 billion in revenue and roughly US$397.9 million in earnings. The company's forecasts yield a $40.00 fair value, an 18% upside to its current price.

Oracle and We Energies announced a nuclear power subscription deal on October 2, 2026, under which Oracle will take 10-20% of the output from the Point Beach Nuclear Plant, or 125-250 megawatts, for the $15 billion Lighthouse Campus AI data center in Port Washington, Wisconsin. The campus, co-developed by Oracle, OpenAI, and Vantage Data Centers as part of the broader Stargate initiative, is designed to house close to 1 gigawatt of AI capacity within a 1.3 gigawatt total electrical footprint, with completion targeted for 2028. Oracle has committed to fully funding the energy costs for its portion, and the deal is the primary driver of a proposed $176 million electric rate hike for We Energies customers in 2027, accounting for roughly 20% of that increase, while the utility projects the arrangement will save customers approximately $300 million in fuel costs between 2027 and 2033. The subscription, a first-of-its-kind model in Wisconsin, requires approval from the Wisconsin Public Service Commission, which is weighing whether to require tech companies to cover 100% of new power plant costs. The deal is part of an industry-wide pivot in which Big Tech has contracted over 10 gigawatts of new nuclear capacity in the United States over the past year, including Microsoft's 20-year power purchase agreement for the 835-megawatt restart of Three Mile Island, Amazon's acquisition of a nuclear-adjacent Pennsylvania campus for over $650 million and its $500 million investment in X-energy small modular reactors, and Google's order of 500 megawatts from Kairos Power. Data center power demand reached 29.6 gigawatts by late 2025, equivalent to the peak demand of New York state, and the International Energy Agency projects it will rise by 130% by 2030, even as U.S. nuclear output stayed largely flat between 2020 and 2025 and no small modular reactors are under construction in the country.