Semiconductor shares from Asia to Europe rose sharply on Tuesday after Nvidia unveiled a $100 billion partnership with OpenAI to build massive Artificial Intelligence (AI) systems requiring millions of processors.
Nvidia said the investment will supply OpenAI with computing systems demanding 10 gigawatts of power — the equivalent of between 4 million and 5 million of its high-performance graphics processing units (GPUs). Chief executive Jensen Huang called it one of the largest infrastructure buildouts in AI history.
The announcement drove a surge in semiconductor shares worldwide. In Taiwan, contract manufacturer TSMC, which produces chips for Nvidia, gained 3.5%. In South Korea, SK Hynix, a key supplier of memory chips for Nvidia’s systems, rose 2.5%, while Samsung Electronics advanced 1.4% amid speculation it may soon secure supply approval for Nvidia’s high-bandwidth memory.
Tokyo Electron in Japan also closed higher, reflecting demand for chipmaking equipment.
In Europe, STMicro, Infineon and BE Semiconductor rose in early trade, though the gains were tempered after ASM International warned of weaker fourth-quarter revenue, dragging its shares and those of peer ASML lower.
The agreement adds to Nvidia’s dominance in AI computing, as demand for generative AI continues to push chipmakers and equipment suppliers into record territory.
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Leaders of countries from the Commonwealth of Independent States (CIS) have agreed to hold coordinated population censuses around 2030. They took the decision at the CIS Council of Heads of State meeting in Awaza, Turkmenistan on Friday, media reported.
The explosion at King Khalid International Airport in Riyadh on Saturday afternoon killed at least 12 people and injured a further 309, according to Saudi Arabia’s Civil Aviation Authority. The airport remains closed until further notice.
Russian President Vladimir Putin expressed surprise after Donald Trump mediated the Armenia-Azerbaijan peace agreement in 2025, the U.S. President said at a rally in New York state on Friday.
The United Nations has condemned a sharp rise in attacks on civilians in Ukraine, reporting that more than 100 people were killed and at least 429 injured in a single week as Russian strikes hit residential areas, passenger buses and critical infrastructure.
The U.S. has imposed sanctions on the International Criminal Court (ICC) on Friday (9 October) escalating tensions with European allies and potentially targeting companies that provide services to the tribunal. The move came hours after former ICC judge Navi Pillay won the Nobel Peace Prize.
Uzbekistan and Russia have a portfolio of more than 200 joint projects worth almost $6 billion, as the two countries continue to expand regional and business ties. The projects were discussed during the third meeting of the Council of Regions of Russia and Uzbekistan, held in Fergana, Uzbekistan.
In the marshlands of Malluba in southern Azerbaijan, Kamil Mammadov follows a routine that has been passed down through generations. His family has worked with medicinal leeches for centuries, harvesting and breeding a species known as Hirudo orientalis, or the Caucasian medicinal leech.
Baku is hosting the second Azerbaijan International Investment Forum (AIIF 2026) and it’s attracting more interest this year, Azerbaijan’s Deputy Prime Minister told AnewZ. “The agenda is very impressive. More guests, more interest,” he said.
Warren Buffett has stepped down as chairman of Berkshire Hathaway, marking the end of one of the most influential leadership tenures in corporate history and completing a succession process that has been years in the making.
Nigerian billionaire Aliko Dangote launched Africa's biggest-ever share sale on Monday, opening the oil refinery that has remade the country's fuel market to public ownership for the first time.
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