According to The Information, ByteDance founder Zhang Yiming told employees last month the company will not use knowledge-distillation techniques to advance its AI models, even if that means temporarily falling behind domestic rivals.

Nanya Technology received approval to raise 2026 capital expenditure to as much as NT$69.7 bln, up from NT$52.0 bln. The planned 5A wafer fab targets 45,000 wafers/month and carries an estimated total investment of about US$16.0 bln.

On Wednesday, softer USD and falling oil prices pushed spot gold up for a third session, rising 2.29% intraday to $4,170/oz, its highest since July 7. Investors await US jobs data for clues on the rate outlook. OANDA senior market analyst Kelvin Wong said: "The link between gold and oil remains, as oil has a large impact on inflationary pressure in the global economy. If we can see a clear roadmap for further de-escalation (in the Middle East), gold prices may continue to rise." Traders price a 59% chance of a Fed hike at the Sept. 15-16 meeting, down from 67% a day earlier.