Reddit forecasts first-quarter revenue above analysts' estimates, driven by artificial intelligence-powered enhancements to its ad platform attracting more marketers. The company's shares rose 4% after-hours following Reddit's announcement of its inaugural share repurchase plan, valued at up to USD 1 billion.

Amazon projects an increase of more than 50% in capital expenditures this year, joining other major technology companies in a spending drive to build artificial-intelligence infrastructure. The forecast sent its shares down 9% in after-hours trading.

Taiwan Semiconductor Manufacturing Company, TSMC, intends to mass-produce advanced 3-nanometre chips in Kumamoto, southern Japan. This strategic initiative involves an investment totalling USD 17 billion.

Mainland memory chip and storage solution suppliers are pursuing share listings in Hong Kong, signalling a strategic shift to fuel their global ambitions, according to analysts. Shanghai-based Montage Technology is a prominent example, poised for its Hong Kong stock exchange debut on Monday. Credit: UNSPLASH Montage Technology, a designer of high-speed interconnect chips for data centres, is currently taking orders from institutional investors. The company is set to debut on

NXP Semiconductors projects first-quarter revenue above analysts' estimates, anticipating a robust automotive market and consistent industrial demand. This outlook suggests a potential bottom for the industrial market.

Hong Kong's initial public offering (IPO) market experienced a robust start to 2026, with listing applications tripling year on year and proceeds reaching their second highest level on record for Jan. This surge positions Hong Kong back in the global IPO spotlight.

Perplexity, an AI startup, has secured a $750 million agreement with Microsoft to utilise its Azure cloud service. This three-year deal allows Nvidia-backed Perplexity to run various AI models through Microsoft's Foundry program.

Amazon is in discussions to invest up to USD 50 billion in OpenAI, the creator of ChatGPT. These early-stage talks could position Amazon as the largest contributor to the artificial intelligence company’s current fundraising initiative.