Qualcomm CFO says the company will begin receiving revenue from Amazon (AMZN.O) in December.

South Korea expects a substantial rise in power demand over coming years as Samsung Electronics and SK Hynix expand chip capacity and the country builds new AI data centers, the energy minister said. AI load alone could add about 25–30 GW. The government will publish a revised long-term energy plan next month, extending the planning horizon two years to 2040; a key question is whether to approve additional nuclear reactors. If the extra 25–30 GW were supplied entirely by nuclear under current domestic reactor designs, that would imply roughly 20 new reactors; South Korea currently operates 26 reactors.

China's three main A-share indices slid further in the afternoon and finished in the red; lithography equipment, liquid-cooled servers, semiconductors and CPO-related stocks led the declines.