On May 17, ASML and Tata Electronics signed a cooperation agreement to help India enhance its domestic chip manufacturing capabilities. According to a joint statement released by both parties on Saturday, ASML's technology will support Tata Electronics in constructing a 300mm (12-inch) semiconductor foundry in Gujarat. The signing of this memorandum of understanding coincides with Indian Prime Minister Modi's visit to the Netherlands, aiming to deepen bilateral relations.

TD Cowen has raised Nvidia's target price to $275, maintaining a 'Buy' rating.

Data sourced from Tesla's official website reveals that on May 16 (Saturday), Tesla implemented a price hike for the Model Y in the United States. Specifically, both the Model Y Premium all-wheel-drive and rear-wheel-drive variants saw a price increase of $1,000, bringing their respective prices to $49,990 and $45,990. Meanwhile, the Model Y Performance all-wheel-drive model experienced a $500 price rise, setting its new price at $57,990. Prior to this, Tesla China had dispelled rumors regarding a potential price increase for the Model Y within the domestic market, affirming that prices would remain steady in China.

During the second quarter of 2026, contract prices for mobile DRAM have been experiencing a significant and sustained surge, imposing an increased cost burden on smartphone makers. In the face of this price escalation, the two leading South Korean memory chip producers have embraced distinct strategies. Samsung has a tendency to implement substantial price hikes all at once, whereas SK Hynix prefers a phased approach to price increases, with the final pricing slated to be finalized by the end of May. Based on projections from TrendForce, the average selling price of LPDDR4X is anticipated to climb by a minimum of 70%–75% on a quarter-over-quarter basis in Q2. Meanwhile, LPDDR5X is forecasted to see a price hike of 78%–83%.

On May 16 (local time), the inaugural phase of the Astana Light Rail project, undertaken by a Chinese company in Kazakhstan, was formally inaugurated and opened to the public. This light rail system stands as Central Asia’s pioneering fully automated, driverless light rail network, stretching around 22.4 kilometers and encompassing 18 stations. It seamlessly links prominent landmarks and crucial functional zones within Astana. Leveraging Chinese-made equipment, technology, and adherence to Chinese standards, the light rail achieves a top speed of 80 kilometers per hour, substantially cutting down commute durations and fostering the advancement of urban transportation.

HONGMENG Smart Travel has revealed that the cumulative number of pre-orders for its latest AITO M9 Series has surpassed 50,000 units since pre-sales commenced on April 22. The series comprises two variants: the Standard Edition and the Ultimate Extended Edition, with starting pre-sale prices of 499,800 yuan and 669,800 yuan, respectively. The Standard Edition boasts dimensions of 5285mm in length, 2026mm in width, and 1845mm in height, complemented by a wheelbase of 3125mm. In contrast, the Ultimate Extended Edition measures 5402mm in length, 2026mm in width, and 1845mm in height, with an extended wheelbase of 3236mm. Both models are outfitted with Huawei's cutting-edge Qian Kun (Qiankun) Intelligent Driving ADS 5.0 system, incorporating six LiDAR sensors and supporting 800V high-voltage fast charging. The extended-range variant further impresses with a maximum driving range of up to 1474km.

On May 16, in response to an inquiry about whether it provides AI server ODM or assembly services for Foxconn, Feiling Kesi responded on the interactive platform that as of now, the company has no cooperation with Foxconn on related products and services.

On Saturday, the U.S.-based artificial intelligence firm OpenAI declared that it had inked a deal with the Maltese government. Under this agreement, all inhabitants of Malta are entitled to enjoy a complimentary one-year subscription to the ChatGPT Plus service, provided they have finished specific AI training courses. The initiative was officially rolled out in May, and the breadth of services will broaden in tandem with the rising number of course completers. This offer also extends to Maltese nationals residing abroad. Malta has become the pioneer nation globally to initiate a project that grants all its citizens unrestricted access to ChatGPT Plus, although the financial specifics of the agreement remain undisclosed.

On May 16, 2026, Microsoft rolled out a new preview build of Win11 to Windows Insiders, covering Beta, Experimental, and the 26H1/29500 series channels. This update primarily focuses on optimizing the taskbar and widget functionalities: the taskbar now supports four-way positioning (bottom, top, left, right) and introduces a compact mode; widget taskbar badges adopt the system theme color and can intelligently silence notifications based on usage frequency. Additionally, the Windows search box now prioritizes matching local files and apps. Currently, all features are exclusively available for users in the Experimental channel.

Today, Leapmotor published its financial report for the first quarter of 2026, showcasing a remarkable global delivery volume of 110,155 units, inclusive of 40,901 units shipped overseas. These impressive figures position Leapmotor at the forefront of China's burgeoning electric vehicle (EV) manufacturers, with revenue soaring to RMB 10.82 billion, setting a new benchmark for the first quarter. Notably, the company's global delivery volume in April recently surged to 71,387 units, establishing a fresh monthly record, with overseas exports contributing nearly 20% to this total. Regarding new model introductions, the Leapmotor A10 garnered over 40,000 firm orders in its debut month, boasting a daily production capacity exceeding 1,000 units. Meanwhile, the Leapmotor D19 amassed more than 15,000 firm orders within just 15 days of its launch, demonstrating outstanding performance in the full-size SUV segment priced around RMB 250,000.

American tech billionaire Elon Musk has made it clear that he will not sell any SpaceX shares. Earlier reports indicated that SpaceX is preparing to publicly file for an IPO as early as next week, aiming to set the initial public offering price on June 11 and officially list on June 12 under the ticker symbol 'SPCX'. SpaceX's IPO is targeting a valuation between $1.75 trillion and $2 trillion, with a planned fundraising scale exceeding $75 billion, potentially making it the largest IPO in human history.

On May 16, 2026, Faraday Future (FF) announced the signing of a $25 million share purchase agreement with institutional investors, completing the financing through the issuance of convertible promissory notes to advance its EAI (Embodied Artificial Intelligence) strategy. This funding adopts a dual-track allocation approach: $12.5 million will be directly used for company operations, while the remaining $12.5 million will be placed in a custodial account and released upon meeting agreed conditions, ensuring tight alignment of funds with strategic objectives.

Recently, NetEase News and NetEase Xiaomifeng, both under the umbrella of NetEase Media, have achieved a comprehensive integration of the DeepSeek-V4 large-scale model. This integration represents a significant upgrade across core functionalities, including news dissemination, intelligent content generation, and community engagement. NetEase News has introduced a two-way interactive news consumption experience, allowing users to engage with content in a more dynamic manner. Meanwhile, NetEase Xiaomifeng, which caters to the lifestyles of the younger generation, has launched the 'Campus Lobster Raising Plan.' This innovative initiative seamlessly incorporates AI technology into social settings, providing users with a one-stop experience that combines entertaining raising activities with interactive group chats.

On May 16th, news broke that the ‘Inaugural AI Innovation R&D and Exchange Summit in the Energy and Power Sector,’ spearheaded by the Big Data and AI Division of the China Electricity Council, commenced on May 15th. Throughout the summit, Hygon’s DCU will empower R&D teams with high-performance computing capabilities, expansive storage solutions, and end-to-end services tailored for large-scale models. This robust support will encompass over 20 R&D avenues, including but not limited to centralized photovoltaic and wind power generation forecasting, wind turbine blade inspection, power grid maintenance and load prediction, as well as source-storage-load coordinated control.

As Denza marks its 16th anniversary and fourth year since its rejuvenation, the brand has officially rolled out its 500,000th vehicle—the Denza N9 Flash Charge Edition—from the production line. Originally established as a joint venture between BYD and Mercedes-Benz in 2010, Denza came under full BYD ownership on September 14, 2024. The Denza N9 Flash Charge Edition is scheduled for an official launch on May 18, following the commencement of pre-sales on April 7, priced between RMB 450,000 and RMB 500,000. This model boasts impressive dimensions, measuring 5258mm in length, 2030mm in width, and 1830mm in height, with a wheelbase of 3125mm. It comes equipped as standard with the Divine Vision 5.0 system and Easy Three-Way Technology, and is pioneering in featuring a new-generation AI-powered intelligent cockpit. Under the hood, the vehicle is powered by BYD’s second-generation Blade Battery, providing a CLTC-rated pure electric range of 420km. Additionally, it incorporates a dedicated 2.0T high-efficiency engine designed for plug-in hybrids, along with three 680-kilowatt motors (front and rear), enabling it to accelerate from zero to 100km/h in a mere 3.9 seconds. The vehicle also offers distinctive features, including rear-wheel steering.

Recently, a consortium of collaborating institutions has embarked on a groundbreaking project centered on the "AI-driven controllable synthesis of large-area single-crystal graphite." Through concerted efforts, they have successfully established a comprehensive workflow, encompassing extensive data compilation, the development of machine learning-based potential functions, atomic-scale mechanistic analysis, and culminating in experimental synthesis and validation. This milestone achievement facilitates the controllable production of high-quality single-crystal graphite on a centimeter scale, with thicknesses surpassing 200 microns, thereby offering pioneering insights for AI-powered research and development in the realm of strategic materials.

On May 14, Beijing Gold Orange Technology Co., Ltd. (Stock Code: 688291) made an announcement stating its intention to acquire a 55% stake in Changchun Summit Optoelectronic Technology Co., Ltd. through a cash payment of RMB 178.75 million. The transaction, having received the board of directors' approval, is now pending shareholder ratification. Summit is renowned for its expertise in precision optoelectronic control products, primarily focusing on fast steering mirrors, and has diversified into areas like high-precision galvanometer systems. Its applications span across aviation detection, laser defense systems, and beyond.

Based on the evaluation, with December 31, 2025, set as the reference date, the book value of Summit's shareholders' total equity interests stands at RMB 56.2645 million. However, the assessed value, calculated using the income approach, reaches RMB 325 million, marking a significant appreciation rate of 478.08%. The counterparty has pledged that Summit's net profit, after deducting non-recurring gains and losses, will be no less than RMB 30.6696 million, RMB 33.3844 million, and RMB 36.6309 million for the years 2026, 2027, and 2028, respectively.

The acquisition price will be disbursed in initial and subsequent installments, with the remaining 40% contingent upon the fulfillment of performance commitments. This strategic move is poised to enhance Gold Orange's R&D efficiency in cutting-edge technology domains and diversify its product and market portfolio.

Recently, a research paper titled "PtTe₂ Interface Engineering Enhances Near-Infrared Response of Black Silicon" was jointly published in the internationally acclaimed journal InfoMat by Lv Jian’s research team from Jiang Yadong’s group at the School of Optoelectronic Science and Engineering, in collaboration with Professor Wu Jiang’s team from the Institute of Fundamental and Frontier Sciences, and Wei Xingzhan’s team from the Chongqing Institute of Green and Intelligent Technology, Chinese Academy of Sciences. Focusing on the performance limitations of silicon-based near-infrared detectors, this study creatively introduces a heterointerface engineering strategy that combines PtTe₂ and black silicon. The goal is to develop detectors that are not only compatible with CMOS processes but also demonstrate high performance and low noise levels.

OpenAI has launched a preview version of the ChatGPT bank account access feature, available to ChatGPT Pro users in the United States. Users can connect to accounts at 12,000 financial institutions via Plaid to receive consumption analysis and financial planning assistance. The feature supports web and iOS platforms, allowing users to view information such as investment portfolios and spending categories, as well as receive personalized financial advice. OpenAI emphasizes data security, stating that ChatGPT can only read data and cannot perform any account operations.

According to reports, following the collapse of wage negotiations with the labor union, Samsung Electronics Chairman Lee Jae-yong has extended a public apology for the societal concerns triggered by internal corporate strife. Shortly after returning from an overseas business trip, he addressed the media at Gimpo International Airport in Seoul, emphasizing the need for all employees to come together and forge ahead in unity.