Technology Hardware & Equipment

After market close on September 18, Aihua Group disclosed its 2026 plan to issue A-shares to specific investors, aiming to raise no more than 1.88 billion yuan for an integrated high-end capacitor capacity expansion project and to supplement working capital. This marks the company's first refinancing in eight years. The previous fundraising was through publicly issued convertible corporate bonds in 2018, with net proceeds of about 677 million yuan, all of which have been fully used. The number of subscribers will not exceed 35, and the number of shares to be issued will not exceed 30 percent of the company's total share capital before the issuance, namely 119,633,958 shares. The integrated high-end capacitor capacity expansion project has a total investment of about 1.507 billion yuan and a construction period of 24 months, located in the Electronic Information Industrial Park in Heshan District, Yiyang City, Hunan Province. In the first half of 2026, the company achieved operating revenue of 2.27 billion yuan, up 15.35 percent year on year, and net profit attributable to the parent company of 170 million yuan, up 17.21 percent year on year. Revenue from industrial control and new energy products has risen to 54 percent of the total. The issuance still needs to be approved by the company's shareholders' meeting, reviewed and approved by the Shanghai Stock Exchange, and registered with the China Securities Regulatory Commission before implementation.

CFRA Research expects Apple to sell essentially every foldable iPhone Duo it can produce, with the device potentially accounting for 5 to 8 percent of iPhone units and more than 10 percent of iPhone revenue. The iPhone 18 Pro hit store shelves on Friday, a full month before the foldable iPhone Duo's release in late October. CFRA senior vice president and equity analyst Angelo Zino said the firm initially forecast the Duo at about 4 to 5 percent of iPhone volume, but now sees potential for that figure to be higher, closer to 5 to 8 percent of units, with pricing pushing its revenue contribution north of 10 percent. Zino said the key question is how supply constrained the device will be, and called early indications for the Pro devices a pretty solid start to the iPhone 18 cycle. He added that the cycle could have longer legs because Apple is pushing out its base devices into the March quarter, helping sustain momentum into the March and June quarters, while China demand for foldables remains a variable to watch.

Amphenol's IT datacom business, which represented 43% of the company's total sales in the second quarter of 2026, saw revenues surge 89% year over year and 63% organically, with management saying the AI revenue run rate has reached roughly $10.5-$11 billion. Management noted that virtually all of the 22% sequential IT datacom growth in the quarter came from AI-related products, as customers require more copper, optics and power for larger, more complex AI clusters. The company's acquisition of CommScope contributed more than $1.2 billion in sales in the quarter, with CommScope's IT datacom business nearly doubling year over year; management expects that market to account for just under half of CommScope's 2026 sales, compared with roughly one-third in 2025. Amphenol faces tough competition from TE Connectivity, whose Digital Data Networks sales rose 34% year over year in the third quarter of fiscal 2026 with bookings up more than 70% year to date, and from Marvell Technology, whose data-center revenues increased 46% year over year to $2.17 billion in the second quarter of fiscal 2027. Amphenol shares have risen 16% year to date, trailing the broader Zacks Computer and Technology sector's 17% gain, and trade at a forward 12-month price/earnings of 25.32X versus the sector's 20.38X, while the Zacks Consensus Estimate for earnings stands at 72 cents per share, up 5 cents over the past 30 days and implying 53.19% growth.

Sandisk shares rallied sharply on Friday, climbing as much as 7.8% and still up 7.5% as of 12:34 p.m. ET, after S&P Dow Jones Indices announced earlier this month that the chipmaker would be added to the S&P 100, replacing longtime member Colgate-Palmolive, before the start of trading on Monday, Sept. 21. The S&P 100 is a subset of the S&P 500, the benchmark comprising roughly 500 of the largest U.S. companies, and includes the index's largest and most well-established members. The move is expected to spark short-term buying by major index and exchange-traded funds that track the S&P 100, which likely drove Friday's gain, while longer-term effects are seen as limited to prestige and increased visibility among institutional buyers. Sandisk's operating performance has been strong: for its fiscal 2026 fourth quarter ended July 3, revenue soared 372% year over year and 51% sequentially to $8.97 billion, while diluted earnings per share of $43.97 swung from a loss in the prior-year period and jumped 91% quarter-over-quarter. The stock trades at 24 times earnings and 8 times forward earnings.

Hewlett Packard Enterprise is sitting on a record pile of AI networking orders it cannot yet ship, and the gap between bookings and revenue is now the central question for the stock. Orders for the Networks for AI portfolio reached $700 million in fiscal Q3 2026, a new high, after the company blew past its cumulative fiscal 2026 target of at least $2 billion and raised that target to $2.5 billion to $3 billion. The hardware behind those orders includes routers and switches HPE is supplying to Oracle for one of the largest AI cloud infrastructure build-outs, work that extends more than a decade of engineering between Oracle and Juniper Networks, the business HPE acquired last year. Networking revenue rose 10% in fiscal Q3 2026 against a prior-year base that includes Juniper Networks, while networking orders rose 36%, and the segment brought in $2.9 billion of the $12.2 billion in total revenue HPE reported for the quarter. Management attributes the gap to supply, citing memory and wafer capacity that have gated supply since the start of fiscal 2026, and HPE has more than doubled its networking purchase commitments quarter over quarter while signing multiyear supply agreements to lock capacity. Networking revenue growth is guided to 11% to 13% in fiscal Q4 2026 and 14% to 17% in fiscal 2027, with the next scheduled look at the business coming at the Networking Investor Day on September 30, 2026.

Seagate Technology received a buy rating and a $899.28 price target from 24/7 Wall St., implying 14.82% upside over the next 12 months at a 90% confidence level. The call follows a blowout fiscal Q4 report on July 28, 2026, in which Seagate posted revenue of $3.63 billion, up 48.49% year over year, and non-GAAP EPS of $5.71, beating expectations by 12.11%, while full-year FY26 free cash flow hit a record $3.105 billion, up 279.58%. Management now guides to annual revenue growth of a minimum of 20% over the next few years, up from prior mid-teens targets, and CEO Dave Mosley said nearline capacity is almost fully allocated through calendar 2027. Mosaic 4 HAMR drives deliver up to 44 terabytes per drive, and Mosaic 5 is targeting 50 terabytes with qualification shipments in late 2027. The stock trades at a forward P/E of 23, roughly in line with Western Digital's 21, while Micron's forward P/E of 6 highlights how much Seagate has already re-rated; the bear case lands at $685.64 on hyperscaler concentration risk.

Apple's iPhone 18 Pro and Pro Max went on sale Friday, the company's first new iPhone launch under CEO John Ternus and its first to hit the market amid the AI-driven global memory and storage shortage. The memory crunch pushed the base iPhone 18 Pro to $1,199 and the base iPhone 18 Pro Max to $1,299, a $100 increase over the iPhone 17 Pros. The foldable iPhone Duo is not due out until Oct. 23 and will cost $1,999. Demand for the Pro models is running hot, with orders placed today facing a three-week wait for delivery. Deepwater Asset Management managing partner Gene Munster wrote Friday that Pro model pre-order lead times are about 15% longer than a year ago on launch day, and that the dual-cycle launch, which splits the base iPhone 18, iPhone 18e and iPhone Air 2 into early next year, appears to be helping early sales. The new phones ship with the improved Apple Intelligence platform and AI-powered Siri AI, which remains in beta.

Nokia Corporation is expanding its partnership with Microsoft Corporation to build an agentic, unified data foundation aimed at helping telecom providers scale artificial intelligence-driven operations. Under the agreement, Nokia Data Suite integrates with Microsoft Fabric, combining telco-specific data products with unified analytics, governance and AI capabilities across cloud, hybrid and on-premises environments. The company is initially applying these capabilities to autonomous Voice over New Radio assurance, where AI agents detect network anomalies, analyze service issues and recommend corrective actions. Nokia faces competition from Ericsson, which expanded its Intelligent Automation Platform to support automation across radio and core networks, and from Cisco Systems, which is integrating AI agents into its networking portfolio. Nokia shares have soared 123.6% over the past year compared with the industry's 20.6% growth, and the stock trades at a forward price-to-sales ratio of 2.42 versus the industry tally of 4.93.

Evercore ISI told investors that its latest consumer survey points to a stronger-than-expected iPhone upgrade cycle for Apple, with pricing set to provide a sizable tailwind. The firm's annual survey of nearly 4,000 consumers indicated a better-than-expected refresh cycle led by the newest models, and Evercore said pricing could rise more than 20% on higher list prices, pricier models and a shift toward larger memory configurations. The firm wrote that Pro Max remains king, with 53% of respondents planning to buy the iPhone 18 Pro or Pro Max and 32% specifically eyeing the Pro Max, up from 29% a year ago, while demand for the new foldable iPhone Duo looked more subdued at 14% ahead of its mid-October launch. Upgrades are increasingly driven by aging devices, with 67% of respondents citing an old iPhone, up from 48% last year, and as consumers gravitate toward higher memory tiers and Apple rolls out 2-terabyte Pro and Duo models, Evercore sees average selling prices rising about 28%. The firm also flagged stronger interest in wearables, with Apple Watch purchase intentions at 38% and AirPods at 43%, both up on last year, and while it cautioned the survey is U.S.-specific, it said demand appears modestly ahead of last year and points to upside to fiscal 2027 revenue versus Street estimates of about 7% growth, keeping its outperform rating and raising its target to $380.

Dell Technologies has been named a Zacks Rank #1 (Strong Buy), driven by sharply rising earnings estimate revisions. The company is expected to post earnings of $6.64 per share for the current quarter, a year-over-year change of +156.4%, with the Zacks Consensus Estimate rising +49.7% over the last 30 days. For the current fiscal year, the consensus earnings estimate of $25.34 points to a change of +146% from the prior year, while the next fiscal year's estimate of $29.46 indicates a +16.3% change. Revenue forecasts are equally robust: the consensus sales estimate for the current quarter of $50.89 billion indicates a year-over-year change of +88.4%, and for the current and next fiscal years, estimates of $195.95 billion and $231.46 billion indicate +72.6% and +18.1% changes, respectively. In its last reported quarter, Dell posted revenues of $46.97 billion, a year-over-year change of +57.7%, and EPS of $7.04 versus $2.32 a year ago, beating the Zacks Consensus Estimate of $45.34 billion by +3.6% on revenue and by +41.65% on EPS. Despite the strong momentum, Dell is graded D on the Zacks Value Style Score, indicating it is trading at a premium to its peers.

Quantum Computing Inc. announced it will showcase, for the first time, an integrated quantum security platform combining encryption and authentication in a single solution at the ECOC Exhibition 2026, held September 21–23 at FYCMA in Málaga, Spain. At Booth #1436, the company will demonstrate live quantum communication solutions using time-frequency and polarization-based approaches, pairing quantum key distribution with hardware-based Quantum Identity Authentication. The platform combines high-dimensional quantum key distribution, direct entanglement verification, Quantum Identity Authentication, and integrated key management in a telecom-compatible architecture, and is based on QCi's patented invention recognized with the 44th Edison Patent Award, presented to Dr. Yuping Huang and Dr. Lac Nguyen. QCi will also present at the ECOC Product Focus Theatre on Wednesday, September 23, from 14:50 to 15:10, in a session titled "The Quantum Secure Solution: Quantum-authenticated communications for broad applications in security," delivered by Massimo Di Blasio, Director, Product Line Management/Business Development. Chief Technology Officer Yong Meng Sua said the demonstrations give the telecom industry a firsthand look at how quantum technologies can strengthen the security of tomorrow's communications.

AMC Robotics Corporation announced it has entered into a $50 million standby equity purchase agreement, with an institutional investor loaning the company $3.88 million in exchange for convertible promissory notes funded in two tranches. Under the agreement, AMC Robotics has the right but not the obligation to issue and sell up to $50 million in aggregate gross purchase price of newly issued common stock, subject to conditions including that a registration statement covering resale of the shares be filed and declared effective by the SEC. The company cannot draw on the funds, and the common stock may not be sold, until that registration statement is declared effective. The notes mature one year after issuance and may be repaid in shares at the lower of $4.017 per share or 92% of the lowest daily VWAP over the 5 consecutive trading days preceding the payment date, with the company holding the right to prepay in cash plus a 6% prepayment premium on the outstanding principal being prepaid. Net proceeds are expected to fund the buildout and production line commissioning of the company's robotic manufacturing facility, targeted for completion by November 2026, which Chief Executive Officer Sean Da said should allow production to start ahead of the original schedule.

Apple has raised prices across its entire flagship iPhone lineup by $100, with the new foldable iPhone Duo starting at $1,999, as preorders that began Sept. 12 give way to in-store availability today. US carriers Verizon, T-Mobile, and AT&T have increased their iPhone incentives, according to analysis by Bank of America's Michael Funk, with maximum trade-in credits for the iPhone 18 Pro Max rising to $1,200 from $1,100 for the iPhone 17 Pro Max and $1,000 for the iPhone 16 Pro Max, while the iPhone 18 Pro also carries a $1,200 trade-in credit. Those savings are offset by an activation fee of $35 to $40, tax on the device's full retail price, and an additional $150 for an AppleCare+ plan. In a scenario where a customer trades in a phone qualifying for the highest credits, Funk says the initial cost comes to $291 to $296 for the iPhone 18 Pro and $400 to $405 for the iPhone 18 Pro Max. Funk said he expects a strong iPhone cycle on higher average selling prices and Duo uptake, adding that Siri AI should drive increased interest in upgrades.

Ferrotec, the largest vacuum seal maker, announced it will conduct a tender offer for Japan Resistor Manufacturing, a company engaged in fixed resistors and potentiometers. The tender offer price is 1,901 yen, 49.1% above the previous day's closing price of 1,275 yen, with a minimum planned purchase of 618,700 shares and no upper limit. The offer period runs until November 5. Japan Resistor Manufacturing has expressed its approval and recommends that shareholders tender their shares, and the company is expected to be delisted after the tender offer succeeds. Following the announcement, Japan Resistor Manufacturing's share price hit the daily limit-up of 300 yen, rising to 1,575 yen, converging toward the tender offer price.

Bualuang Securities says a new angle for KCE shares is the possibility that the selling price increase cycle could extend into 2027, even though the market has already priced in the July increase and another in the fourth quarter of 2026. The key driver is not direct demand for AI circuit boards, but the cost of standard E-glass, the upstream raw material for CCL, which continues to rise after producers gradually shifted capacity to higher-grade materials for AI that offer better returns. Morgan Stanley's price index for standard E-glass fiber rose from 1.0 times in September 2025 to 3.7 times in August 2026 and 4.1 times in September 2026, while KCE's fiberglass purchase price rose from 0.49 US dollars per meter in the second quarter of 2025 to 0.74 US dollars per meter in the second quarter of 2026, an increase of 51% year on year, which is still much smaller than the rise in upstream raw material prices, leaving a risk that cost pressure will feed through further. The research team has not yet included a third price increase in 2027 in its base-case estimates, because the general-grade CCL market is not yet entirely in shortage. It keeps its assumptions for the July and fourth-quarter 2026 price increases, maintains its TRADING BUY rating with a 70 baht target price, and views any additional price increase in 2027 as upside rather than part of the base case. Core profit is expected at 1.44 billion baht in 2026, up 78% year on year, 2.07 billion baht in 2027, up 43.9%, and 2.30 billion baht in 2028, up 11.1%.

Kasikorn Securities, or KS, said in an analysis that it maintains a positive view on the growth outlook for Synnex (Thailand), or SYNEX, in the second half of 2026 after attending the company's Partner Connect 2026 event on September 10, 2026. SYNEX estimates that Thailand's information technology spending in 2026 will be approximately 1.1 trillion baht, up 8.4% from the previous year, while Gartner data as of April 2026 showed device spending up 8.2%, IT services up 9.0%, software up 15.1%, and data center systems up 55.8%. The company expects sales of Apple products to grow from the previous year, driven by new products in the iPhone 18 Series, and maintains its 2026 sales target at 53 billion baht, up 12% from the previous year. KS expects SYNEX's sales in the third quarter of 2026 to grow both year-on-year and quarter-on-quarter, supported by still-strong hardware replacement demand in both the private and public sectors, together with higher average selling prices for Android smartphones and Apple products. It maintains a buy recommendation with a target price of 11.47 baht, viewing any share price weakness after the launch of new iPhone models as an opportunity to accumulate at 9.20 baht or below, which reflects SYNEX's lowest PER in 14 years. It expects normal profit in 2026 to grow 14%, while Core EPS over the three-year period has an average annual growth rate of 10.4%.

The Practical Solution Public Company Limited, or TPS, has launched the TALLI platform under the concept "Unlocking AI for the Enterprise." Chief Executive Officer Boonsom Kijkasetthaporn said the platform helps organizations quickly search, analyze, and access internal and external data through conversation in simple spoken language. It supports use by every team in an organization, in both the public and private sectors, and across all industries. TALLI's core capabilities are designed for enterprise systems that need real-time data, covering six areas: Unified Knowledge Gateway, NLP to SQL, Graph Generation, Smart AI Memory and Voice Activated Control, Human in the Loop, and Admin Portal. Organizations can use TALLI immediately without waiting for enterprise-wide data transformation, because the system uses an automated data pipeline to feed data into the AI database automatically, starting by connecting to data the organization already has and beginning with use cases that create business value. Boonsom said TPS has experience and expertise in information technology, and with the growing trend of AI adoption, this is an important opportunity to develop the TALLI platform to help expand its core business of selling and installing information technology systems. The company began using it in its back office and service operations and has continued to develop it, and it is now ready to serve all customer groups. At the same time, TALLI does not aim only to let AI access an organization's data, but to let AI access and use data within the permissions, scope, and governance the organization sets, serving as a gateway that helps organizations start using AI from their existing systems and data as efficiently as possible.

Finansia Syrus Securities Public Company Limited, or FSS, has upgraded Delta Electronics (Thailand) Public Company Limited, or DELTA, to "Buy" with a 2027 target price of 290 baht. FSS expects DELTA's third-quarter 2026 profit to reaccelerate to 8.3 billion baht, up 37% from the previous quarter and up 12% from the same period a year earlier, driven by a recovery in gross margin as raw material problems begin to ease, while demand for AI data center products remains strong. For the fourth-quarter 2026 profit outlook, FSS expects a new high of more than 10 billion baht, supported by deliveries of orders delayed from earlier periods, which should lift full-year 2026 net profit to 32 billion baht, up 30% from the previous year. For 2027, FSS expects DELTA's profit to grow another 41% from the previous year to 45 billion baht, with the slowdown in bond yields a positive factor for investment sentiment in technology and growth stocks. On technical factors, FSS assesses DELTA's support at 235-232 baht, resistance at 248-250 baht, and the next resistance at 259 baht.

Finansia Syrus Securities has issued an analysis recommending a buy on DELTA shares with a target price of 290 baht, expecting third-quarter 2026 profit to reaccelerate to 8.3 billion baht, up 37% from the previous quarter and 12% from a year earlier, supported by a recovery in gross margin after raw material problems eased. Meanwhile, demand for AI data center products remains strong and supports long-term growth. For fourth-quarter 2026 earnings momentum, profit is expected to hit a new high above 10 billion baht from deliveries of delayed orders, supporting 2026 profit of 32 billion baht, up 30% from a year earlier. For 2027, profit is expected to grow another 41% from a year earlier to 45 billion baht. Bond yields that have slowed are a sentiment boost for tech-growth stocks, with support at 235-232 baht and resistance at 248-250 and 259 baht.

Planet Communications Asia, or PLANET, said its data centre in the Eastern Economic Corridor, or EEC, is attracting strong interest from both domestic and foreign investors, with operators continuously approaching the company to negotiate service use and joint investment. The momentum is driven by rapidly expanding demand for data, cloud and AI technology in the region, as well as government support through changes to laws, regulations and investment incentive measures in the EEC area. PLANET currently provides co-location data centre services under the name STP Planet DC in Ban Chang district, Rayong province, supporting a maximum IT load of 600 kW per data hall, and plans to support expansion of total gross load to as much as 6.8 MW to meet demand and accommodate the future growth of enterprise customers and large cloud service providers.

Foxconn Industrial Internet announced that the company has completed its share buyback plan, repurchasing a total of 15.8334 million shares, accounting for 0.08% of total share capital, with an actual repurchase amount of 1 billion yuan and a repurchase price range of 59.91 yuan to 66.40 yuan per share. The company stated that the repurchased shares will be used to safeguard company value and shareholder interests, and it plans to sell them 12 months after disclosing the buyback results.

Foxconn Industrial Internet announced on September 18 that it had repurchased 15.83 million shares through centralized bidding, accounting for 0.08% of total share capital. The actual repurchase amount was 1 billion yuan, with a repurchase price range of 59.91 yuan to 66.4 yuan per share. In the first half of 2026, Foxconn Industrial Internet achieved revenue of 557.861 billion yuan and net profit attributable to the parent company of 23.74 billion yuan.

Leading capacitor maker Aihua Group disclosed a private placement plan on the evening of September 18, proposing to issue shares to no more than 35 specific investors and raise total proceeds of no more than 1.88 billion yuan, with the pricing base date set as the first day of the issuance period. Of the funds raised, 1.5 billion yuan will go to an integrated high-end capacitor capacity expansion project in Yiyang, Hunan Province, and 380 million yuan will be used to replenish working capital. The project has a construction period of 24 months, plans to acquire 86.07 mu of industrial land, and will build a total floor area of about 126,708 square meters, focusing on high-end application scenarios such as wind, solar and energy storage, AI computing infrastructure, and high-voltage new energy vehicle onboard applications, with capacity for plastic-shell and aluminum-shell film capacitors, snap-in aluminum electrolytic capacitors, large-size leaded high-voltage aluminum electrolytic capacitors, and hybrid solid-liquid aluminum electrolytic capacitors. According to calculations, the project's after-tax internal rate of return is 11.53 percent, and the after-tax static payback period is 8.55 years. Aihua Group said that after completion, the project will significantly raise the share of high-end capacitor capacity, drive the product mix toward higher value-added optimization, and further leverage economies of scale to reduce unit manufacturing and management costs.

The Practical Solution Public Company Limited, or TPS, has officially launched TALLI, a Thai AI platform, under the concept of unlocking AI for enterprises. It features six core functions: Unified Knowledge Gateway, NLP to SQL, Graph Generation, Smart AI Memory, Human in the Loop, and Admin Portal, enabling organizations to quickly search, analyze, and access both internal and external data through natural-language conversation. It supports use by every team in an organization, across both the public and private sectors and all industries. Boonsom Kijkasetthasaphon, Chief Executive Officer of TPS, said the launch of TALLI reinforces the company's core IT Solutions business, responds to the AI and Data Governance trends, and builds stable growth. The company has begun using it in its own back office and service operations and will continue developing it while opening the service to all customer groups. Organizations can use TALLI immediately without waiting for an enterprise-wide data transformation, because the system has an Automated Data Pipeline that automatically feeds data into the AI database, and they can start with a use case that creates business value by connecting to existing data and systems.

Guoke Holdings has led six restructuring investors in signing a restructuring investment agreement, planning to subscribe to ST Infi's capital reserve shares at 2.61 yuan per share, with total investment of approximately 2.841 billion yuan. After the restructuring is completed, Guoke Holdings will become the largest shareholder and gain control. ST Infi announced on the evening of September 17 that the company held a board meeting on September 16 and approved the relevant proposals. Based on the subscription price, the restructuring investors will subscribe to approximately 1.088 billion shares in total. The lead investor is Hunan Guoke Holdings Co., Ltd., and other members of the consortium include Hainan Xinchen Jingwei Technology Co., Ltd., Changsha Huashi Semiconductor Co., Ltd., Wuhan Qianchen Enterprise Management Consulting Partnership, Hubei Chuliuguang Technology Investment Partnership, and Shenzhen Zhongtou Strategic Emerging Industry Private Equity Fund Partnership. Guoke Holdings is an industrial holding platform deeply engaged in the integrated circuit sector and is the controlling shareholder of Goke Micro, holding 17.98% of its shares. In the first half of 2026, Goke Micro achieved revenue of 1.378 billion yuan, up 85.81% year on year, and net profit attributable to the parent of 196 million yuan, up 872.78% year on year. ST Infi stated that bringing in restructuring investors will inject incremental capital and leverage industrial resources to drive the transformation and upgrading of its main business toward the integrated circuit industry. The restructuring investment is tentatively set at 2.841 billion yuan, and the overall repayment rate for ordinary claims is targeted at 80%. The company is still in the pre-restructuring stage. The Shenzhen Intermediate People's Court has decided to initiate the pre-restructuring process but has not yet formally accepted the restructuring application. If the restructuring fails, there is a risk of bankruptcy declaration and delisting of the stock. On September 17, ST Infi's share price surged during trading and hit the daily limit, closing at 7.18 yuan per share, up 9.95%, with a total market value of approximately 8.6 billion yuan.

WEH successfully sold out its bond issue worth a total of 7,000 million baht, comprising four tranches of both general bonds and green bonds at Investment Grade level. Kiatnakin Phatra Securities acted as the underwriter, while Kiatnakin Phatra Bank served as the bond registrar and holder representative. The bonds were offered to institutional and high-net-worth investors and received a AAA rating with a stable outlook from TRIS Rating. Meanwhile, TPS launched the TALLI platform, a Thai-made AI built on the concept of unlocking AI for enterprises, enabling AI to access and use data within the rights, scope, and governance defined by each organization. It also serves as a gateway that helps organizations start using AI with their existing systems and data as efficiently as possible. SISB, for its part, is moving ahead with the expansion of its seventh international school under the new brand Marina Singapore International School in Pathum Thani Province, with capacity for 1,200 seats, targeting families in the Rangsit and Pathum Thani areas. It is expected to open in August 2570.

Analysts at Finansia Syrus Securities expect DELTA to post a fourth-quarter 2026 profit of more than 10 billion baht, setting a new record, driven by deliveries of delayed orders, higher capacity utilisation, and an improved product mix. For the third quarter of 2026, profit is expected to accelerate to 8.3 billion baht, up 37% from the previous quarter and up 12% from the same period a year earlier, on a recovery in gross margin to 28.5% and strong AI data centre demand. Revenue is expected to grow 15.0% from the previous quarter and 40.9% from the same period a year earlier, helped by more adequate raw materials, additional sourcing from other suppliers, and better internal production efficiency. Full-year 2026 profit is expected to grow 30% from a year earlier to 32.2 billion baht, while 2027 profit looks set to grow 40.6% from a year earlier to 45.3 billion baht, driven by order growth in both AI and non-AI data centres. Meanwhile, product price increases currently under negotiation could support profit from the first quarter of 2027 onward. The research team therefore rates the stock a Buy with a target price of 290 baht.

Viasat, Inc. announced that its ViaSat-3 F2 satellite has entered service across the Americas, completing the ViaSat-3 constellation and significantly expanding the company's network capacity, flexibility and resilience in the region. The satellite is designed to provide more than one terabit per second of throughput capacity over the Americas, with advanced beamforming technology that dynamically allocates capacity to high-demand flight routes, shipping lanes and geographic regions. With ViaSat-3 F1 already in service and F3 entering service across Asia-Pacific in August, completion of the ViaSat-3 constellation has tripled the bandwidth available across Viasat's global fleet, supporting its aviation, maritime, government and broadband customers. Chairman and CEO Mark Dankberg called the milestone a major step for Viasat and its customers, saying the VS3 satellites are the most advanced commercial satellites in the world in terms of adaptive beam forming, user performance and resilience to interference, and that the technology sets new commercial standards for solar power generation and thermal dissipation. Viasat, based in Carlsbad, California, completed its acquisition of Inmarsat in May 2023.

AtlasClear Holdings, Inc. said it expects to report fiscal 2026 total revenues of approximately $20.1 million, an increase of approximately 85% from $10.9 million in fiscal 2025. The company also expects to report interest income of approximately $1.8 million, which is presented in other income under GAAP. Total revenues plus interest income are expected to be approximately $21.9 million, compared with approximately $12.9 million in fiscal 2025, an increase of approximately 70%. Net capital at AtlasClearing, Inc. increased to approximately $14.4 million at June 30, 2026 from $11.2 million a year earlier.

IonQ shares jumped 10.1% in the afternoon session after the quantum computing company announced joint research with Synopsys showing that quantum algorithms accelerated industrial design simulations by up to 14.6%. According to a company press release, the work embedded an advanced quantum algorithm into Synopsys's Ansys LS-DYNA simulation software to reorganize equations more efficiently and cut calculation time for complex automotive and jet-engine simulations. IonQ said the approach helps relieve computational bottlenecks that slow classical supercomputers, and the joint paper earned a first-place Best Paper Award at IEEE Quantum Week 2026. The stock is down 13.5% since the beginning of the year, and at $40.47 per share it is trading 50.7% below its 52-week high of $82.09 from October 2025. The previous big move came 8 days earlier, when the stock dropped 4.4% after Mizuho Securities analyst Vijay Rakesh lowered his price target to $52 from $61 while maintaining a Buy rating following the company's Analyst Day.

Calix announced an expansion of Calix Agent Workforce Cloud on its AI-native Calix One platform, adding secure agentic workflows that help service providers operationalize AI across marketing, support, and operations. The new capabilities build on initial workflows introduced in May and include agentic workflows for campaign creation and upsell recommendations, troubleshooting and resolution, and network detection and remediation, with subscriber self-service workflows coming soon through the CommandIQ mobile app. Calix said the campaign and upsell workflows evolve platform capabilities that have increased monthly recurring revenue by as much as 500 percent, the troubleshooting workflows build on capabilities that have reduced inbound support calls by up to 88 percent, and the network detection workflows advance capabilities that have reduced mean time to repair by up to 75 percent. The company said Calix One, built on more than 26 years of broadband expertise and over $2 billion in platform investment, processes more than a petabyte of data daily and executes over 4.3 billion workflows annually. Brooks Goodall, chief operations officer and assistant general manager at RTC Networks, said the platform fits into how teams already work, while Calix president and chief executive officer Michael Weening said the company has invested three years evolving its platform to be AI-native and will deliver new capabilities faster and faster.