Nvidia supplier SK Hynix achieves record third quarter profit and meets expectations

Supermicro has formed a new subsidiary to serve U.S. government AI infrastructure needs, expanding its federal market presence through extensive domestic manufacturing of AI servers. The company is strengthening its collaboration with NVIDIA through the AI Factory for Government program, which provides reference designs for secure AI system deployment. Supermicro's U.S. Federal Entity focuses on meeting strict government security and compliance requirements through local production. Their AI server portfolio supports various applications including model training and algorithm development. The strategy emphasizes U.S.-based manufacturing, NVIDIA partnership, comprehensive AI server offerings, and maintaining high compliance and data integrity standards.

Putin's envoy Kirill Dmitriev claims Russia, Ukraine, and the US are close to a diplomatic agreement to end the war, predicting peace within a year. Despite ongoing US sanctions affecting Russia's economy, Dmitriev expressed optimism about negotiations reaching a breakthrough by late 2026. The proposed agreement would address territorial disputes, economic recovery, and security guarantees. While international observers remain cautious, there's hope this could lead to regional stability, reconstruction efforts, and renewed economic engagement.

TE Connectivity has forecasted strong quarterly profits driven by high demand for AI products. The company's Industrial Solutions segment saw a 74.6% revenue increase in Q2 2025, with total revenue reaching $4.53 billion, exceeding analyst estimates. AI revenue is expected to grow from $300 million in 2024 to over $800 million in 2025, potentially exceeding $1 billion in 2026. The company reported an EPS of $2.27, surpassing market projections of $2.08. TE Connectivity's stock has gained over 27% year-to-date, with BofA Securities raising its price target to $220.

Apple's shares reached a record high in October 2025, driven by strong demand for premium iPhone Pro models. This upturn is reversing previous sales slumps and boosting holiday quarter expectations. The Pro and Pro Max devices, with advanced features like improved AI and health tracking, are particularly popular in the US, China, and Europe. While global shipments recently dipped 6%, Apple expects 5% annual growth led by the premium segment. The company is also developing foldable technology and expanding AI capabilities.