Intel (INTC.O) launched the new Arc G-series graphics processors, targeted at next-generation handheld gaming systems.

May 28 — At a routine briefing, Chinese Defense Ministry spokesman Colonel Jiang Bin rebutted Philippine military claims of "illegal, aggressive, bullying and disinformation" in the South China Sea and Manila's assertion of a broader "security threat." Jiang said Philippine officials have repeatedly promoted false China-related narratives, lost credibility, and persistently provoked at sea, infringing China's territorial sovereignty and maritime rights. He accused Manila of colluding with external forces to disrupt the South China Sea, a serious breach of the Declaration on the Conduct of Parties in the South China Sea (DOC) that harms regional interests. Provocations will not gain traction, he added. China will continue to take effective measures to safeguard its legitimate rights and maintain regional peace and stability.

According to foreign media citing people familiar with the matter, government-backed fund Japan Industrial Innovation Investment Corporation (JIC) is considering selling chip-materials maker JSR. Two years ago JIC took JSR private in a roughly $6.0 billion transaction. JIC, regulated by METI and established in 2018 to bolster Japanese competitiveness through corporate investment, has drawn acquisition interest from Fujifilm and Mitsubishi Chemical, the sources said. Large-scale investment in artificial intelligence has driven up valuations across the chip supply chain; JIC had initially planned to use JSR to promote consolidation in the materials sector but is now weighing a sale to capitalize on favorable market conditions. Founded in 1957, JSR is a leading photoresist maker; photoresists are used to transfer circuit patterns onto semiconductor wafers. In the fiscal year ended March this year, JSR posted net profit of 60.7 billion yen and revenue of 400.7 billion yen.