Taiwan Mangoes Head to Europe as Premium Fruit Exports Expand 
Deutsche Bank Fined A$2 Million by ASIC Over OTC Derivatives Reporting Errors 
DBS Targets S$1 Trillion Wealth AUM by 2030 Amid Asia Wealth Boom 
ASML Raises 2026 Outlook as AI Chip Demand Lifts Q2 Earnings 
DeepSeek Eyes China IPO as AI Startup Seeks $71 Billion Valuation in New Funding Round 
Rio Tinto Reports Strong Q2 Iron Ore Sales, Maintains 2026 Production Outlook 
SEB Q2 Profit Rises on Strong Lending, Record Fee Income, Announces New Share Buyback 
Nvidia Tightens AI Chip Sales in Asia With Stricter Customer Approval Process 
Zhipu AI Raises HK$31.37 Billion in Discounted Share Sale to Accelerate AI Growth 
OpenAI GPT-5.6 Set for Wider Release After U.S. Commerce Approval, Report Says 
Morgan Stanley Says China’s Reusable Rocket Progress Poses Long-Term Challenge to SpaceX 
DOJ Grand Jury Investigates UAW President Shawn Fain Ahead of Union Election 
EU to Propose New Rules Limiting Children's Access to Social Media 
Stripe, Advent Offer $53 Billion Deal to Acquire PayPal: Reuters 
Australia Flags Child Safety Gaps at Apple, Meta, Google Over Online Sexual Extortion 
Apple Sues OpenAI, Former Employees Over Alleged Trade Secret Theft 
UBS Starts CarTrade Tech With Buy Rating, Sees Strong Earnings Growth and ₹4,000 Target 
Taiwan Semiconductor Manufacturing (NYSE:TSM) is considering acquiring a controlling interest in Intel's (NASDAQ:INTC) U.S. factories following a request from the Trump administration, according to a Bloomberg report. TSMC has shown openness to the proposal, though Intel's stance remains uncertain.
The rumors, which surfaced earlier this week from Baird analyst Tristan Gerra, have driven Intel's stock to its strongest weekly gain in 40 years, soaring approximately 24%. President Trump, addressing the issue on Thursday, expressed his desire to “take back” chipmaking dominance from Taiwan, asserting that they had “stolen it.”
Despite the positive outlook, Intel's stock fell 2.2% on Friday. Mizuho (NYSE:MFG) desk analyst Daniel O'Regan attributed the drop to profit-taking after the stock's historic rally. O'Regan noted that although details of the potential deal are limited, the Mizuho team views it as a positive development for Intel.
The possible acquisition has sparked market speculation, with some dubbing the deal "MIGA" — Make Intel Great Again. Analysts believe TSMC's involvement could bolster Intel's manufacturing capabilities and restore U.S. semiconductor dominance. The story has already fueled significant investor interest, reflecting optimism about a potential agreement.
