Qatar mediates as US and Iran stay far apart on conditions for talks Abu Dhabi talks open as Trump prepares Ukraine for territorial loss Saudi pipeline attacked and dozens reported killed near Sanaa as Yemen war widens Steel plant blast in western Turkey kills at least 16 Krakow gunman dies in hospital as Poland disputes motive and security Kirishi refinery burns as Russia hits Ukraine's grid and Dnipro bridges France blames Iran's Revolutionary Guards for supermarket fridge hacks COP31 opens in Antalya without US delegation as UN warns of record heat Sand embankment collapse kills five as storm floods Gaza camps Brent falls to 10-week low as Trump plays down new Iran strikes Trump expects trilateral meeting with Xi and Putin at China summit Asian and European stocks rebound after AI selloff, but caution remains Fire in Taiyuan high-rise kills 14 Nvidia opens board probe after CEO Huang admits affair with suspected Chinese agent House faces Hegseth impeachment vote as Trump shifts on deportations China extends tariff and export-control pauses on US as Shenzhen summit nears Senegal boat sinking toll rises to at least 39 as Canaries declare migrant emergency Greece recovers dead migrants off Crete as coast guard rescues more than 100 people Leaked Rosstat data suggests more than 400,000 Russians killed in Ukraine ANC posts worst local election result since 1994 Norway's Statnett pauses new grid capacity for data centres France brings forward 1.6% minimum wage rise as unions call it insufficient Paraguay raids ex-president Peña's mansion in Ueno Bank investigation More than 50,000 displaced by deadly Ethiopia border clashes Pressure grows on Egypt's transport minister after deadly train crash Merz threatens to block EU budget unless all members back Ukraine funding Netanyahu and Eisenkot compete for coalition partners in Israel UniCredit posts record profit and plans earlier Commerzbank-HVB merger Race to succeed Lagarde at the ECB heats up European power prices top €600 as wind output slumps Ebola trials start in Bunia as patients flee militant attack Mexico arrests alleged senior Jalisco cartel leader 'R2'Novaya Gazeta closes, citing government clampdown Khor Mor gas field hit by renewed attacks in Iraqi Kurdistan Israel approves first 250 foreign troops for Gaza force Pope Leo presses Milei on economy as huge crowds gather in Buenos Aires Ousted Bangladesh leader Hasina applies for new passport to return from exile China's producer inflation hits four-year high as oil costs bite EU plans crackdown on addictive social media and AI chatbot features as Meta rolls out age checks Cyprus leaders agree to open two new crossings Colombia's ombudsman warns of violence in southern Bolivar after army base attack Anthropic unveils new Fable and Mythos models as IPO waiting period expires Qatar mediates as US and Iran stay far apart on conditions for talks Abu Dhabi talks open as Trump prepares Ukraine for territorial loss Saudi pipeline attacked and dozens reported killed near Sanaa as Yemen war widens Steel plant blast in western Turkey kills at least 16 Krakow gunman dies in hospital as Poland disputes motive and security Kirishi refinery burns as Russia hits Ukraine's grid and Dnipro bridges France blames Iran's Revolutionary Guards for supermarket fridge hacks COP31 opens in Antalya without US delegation as UN warns of record heat Sand embankment collapse kills five as storm floods Gaza camps Brent falls to 10-week low as Trump plays down new Iran strikes Trump expects trilateral meeting with Xi and Putin at China summit Asian and European stocks rebound after AI selloff, but caution remains Fire in Taiyuan high-rise kills 14 Nvidia opens board probe after CEO Huang admits affair with suspected Chinese agent House faces Hegseth impeachment vote as Trump shifts on deportations China extends tariff and export-control pauses on US as Shenzhen summit nears Senegal boat sinking toll rises to at least 39 as Canaries declare migrant emergency Greece recovers dead migrants off Crete as coast guard rescues more than 100 people Leaked Rosstat data suggests more than 400,000 Russians killed in Ukraine ANC posts worst local election result since 1994 Norway's Statnett pauses new grid capacity for data centres France brings forward 1.6% minimum wage rise as unions call it insufficient Paraguay raids ex-president Peña's mansion in Ueno Bank investigation More than 50,000 displaced by deadly Ethiopia border clashes Pressure grows on Egypt's transport minister after deadly train crash Merz threatens to block EU budget unless all members back Ukraine funding Netanyahu and Eisenkot compete for coalition partners in Israel UniCredit posts record profit and plans earlier Commerzbank-HVB merger Race to succeed Lagarde at the ECB heats up European power prices top €600 as wind output slumps Ebola trials start in Bunia as patients flee militant attack Mexico arrests alleged senior Jalisco cartel leader 'R2'Novaya Gazeta closes, citing government clampdown Khor Mor gas field hit by renewed attacks in Iraqi Kurdistan Israel approves first 250 foreign troops for Gaza force Pope Leo presses Milei on economy as huge crowds gather in Buenos Aires Ousted Bangladesh leader Hasina applies for new passport to return from exile China's producer inflation hits four-year high as oil costs bite EU plans crackdown on addictive social media and AI chatbot features as Meta rolls out age checks Cyprus leaders agree to open two new crossings Colombia's ombudsman warns of violence in southern Bolivar after army base attack Anthropic unveils new Fable and Mythos models as IPO waiting period expires

Symbolic image: Intel raises $20bn as Sony and TSMC seal Japan sensor venture

Symbolic image

Intel raises $20bn as Sony and TSMC seal Japan sensor venture

8 sources

Intel upsized its share sale to about $20bn on Tuesday. Sony and TSMC sealed a $4.7bn image-sensor venture in Japan the same day.

Intel placed nearly 211 million new shares at $95 each on Tuesday, 11 August, a third more than planned and 6.5 percent below Friday's close, FAZ reported. The proceeds go to its contract manufacturing arm, which Intel says can no longer meet demand. BNP Paribas' Stephan Kemper said the multiply oversubscribed placement showed trust in the AI buildout was unbroken.

A sensor hub in Kumamoto

Advanced Vision Semiconductor Manufacturing Corp will build smartphone image sensors in Kumamoto, site of TSMC's JASM plant, from 2029. Sony takes control with 465bn yen ($2.92bn), including its new Kumamoto factory; TSMC adds 282bn yen.

SK Hynix weighs Chongqing exit

SK Hynix said on Monday it was examining options for its packaging business after reports on its Chongqing NAND plant; Bloomberg puts a possible stake sale near $3bn. Analysts told the South China Morning Post the goal is higher-margin AI memory.

Terafab in Texas

SpaceX and Tesla are building Terafab in Grimes County, Texas, a 100-million-square-foot site for logic, memory and packaging, Breitbart reported. Governor Greg Abbott put phase one at more than $16.8bn and 3,000 jobs.

Other opinions

Global Times, state-affiliated, reported none of the deals, covering a Jilin packaging plant instead; the South China Morning Post framed SK Hynix's move via Chinese analysts.