BOI attracts Infineon investment of 48 billion baht, opening Samut Prakan chip plant on 1 October 2026

Anthropic has signed a computing deal worth at least $11.6 billion with Akamai, sending shares of European companies tied to the artificial intelligence buildout higher on Friday. Under the agreement, Akamai will provide Anthropic with access to central processing units, while Anthropic will receive a warrant to buy Series B shares at $111.33 each, convertible into 7.7 million common shares. The contract is Akamai's largest ever and marks an acceleration of its push beyond its core content delivery and cybersecurity businesses; the company expects to spend about $5.5 billion on capital expenditures tied to the agreement, more than six times its total 2025 capital spending. The deal follows a $1.8 billion computing agreement between the two companies earlier this year, as Anthropic expands capacity for its Claude AI software and strikes deals with providers including Alphabet's Google and Elon Musk's SpaceX. In European trading, ASML Holding rose 2.3%, BE Semiconductor Industries gained 1.6%, ASM International added 1.03%, Infineon Technologies climbed 1.2% and STMicroelectronics advanced 2.01%, while data-center-linked Siemens Energy and Prysmian each rose 2%.

Microchip Technology has launched its PAC1761 and PAC1861 digital power monitor families, a product update that draws attention to how the stock reflects the company's exposure to 48V power architectures. The company's total data center revenue is expected to increase from about US$591 million in 2025 to roughly US$1 billion in 2026, with PCIe Gen6 design wins including an estimated US$100 million annual program starting in 2027. The share price has fallen 15.06% over the past 90 days despite a 14.85% year-to-date share price return, while total shareholder return over five years of 8.54% points to more modest long-run progress. The most widely followed narrative values Microchip Technology at a fair value of $108.64 against a last close of $74.69, implying 31% undervaluation, though the current P/E of 110.5x sits well above the US Semiconductor industry on 47.3x and peer averages on 67.5x. Elevated inventories, ongoing underutilization charges, and external foundry and packaging constraints could undermine the view that the stock is currently undervalued.

DG Matrix announced that its Interport multi-port solid-state transformer platform now delivers 400 kW, doubling its previous 200 kW output within essentially the same power module footprint, using STMicroelectronics' latest-generation silicon carbide technology. The company said the performance leap comes from silicon carbide devices that enable efficiency above 98.5 percent, the same advanced SiC components ST supplies for leading electric vehicle powertrain applications. DG Matrix said ST has supported its development since the company's early stages, providing access to advanced SiC technologies and technical expertise, and that the collaboration extends beyond component supply into system-level requirements such as voltage, current and thermal performance. The announcement cites a SemiAnalysis report, Inside the 800VDC Revolution, projecting that 800 VDC power architecture will underpin approximately 39 GW of new datacenter capacity by 2030, creating a multi-billion-dollar opportunity for solid-state transformers as GPU rack power densities surge past 600 kW. Rino Peruzzi, President of STMicroelectronics' Americas Region, said the performance achieved with ST's SiC devices opens new possibilities for efficient power infrastructure in AI datacenters, while DG Matrix CEO and co-founder Haroon Inam said the support contributed to a power density breakthrough that defines the Interport's competitive position.