TSMC has reported its sixth straight quarter of record profits, surging 69% to NT$763.1 billion as relentless demand for artificial intelligence hardware drives massive revenue growth.
Amazon has launched the Bee Frontier wearable and Bee Eclipse phone attachment, two new personal AI devices that listen to, transcribe, and summarize real-world conversations.
Consumer AI pioneer Character.ai has filed for Chapter 11 bankruptcy protection as soaring server expenses outpaced revenue and compounded mounting wrongful-death and negligence litigation. With Disney stepping in as a stalking horse bidder for key IP assets, the company faces a high-stakes auction to determine whether its companion chatbot platform will survive.
Jim Cramer is cooling on Alphabet as antitrust headwinds mount, rotating capital away from pure software into physical AI infrastructure and industrial hardware.
Camila Henry • Oct 12, 2026 • 5m read
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