October 2026 - TrillionDollarClub

FridayOct 30, 2026 10:00 am

Analysis Finds National Energy Storage Targets Fall Short of Global Pledge

According to a recent analysis conducted by Ember, national energy storage targets for 2030 collectively fall 45% short of the 1,500-gigawatt global target agreed at COP29, despite rapid growth in actual installations. The energy think tank says that currently, the national targets for different countries amount to 822 gigawatts of storage capacity. This total covers 99 countries and the EU. This marks an increase of 190% from the targets that were set during COP29. However, despite those ramped up targets, this capacity falls short of the total that was originally envisioned at COP29, which stood at 1,500 gigawatts. One of…

ThursdayOct 29, 2026 10:00 am

Investors Put Big Tech Under Increasing Scrutiny as Earnings Reports are Released

Several of the Magnificent Seven have released their earnings reports or are due to do so over the coming days. These reports are coming under stringent investor scrutiny in ways that haven’t been seen in recent times. Several factors explain why investors aren’t giving Big Tech a pass as easily as they once did. The first reason is rising interest rates. AI companies, such as Meta and Amazon, have communicated ambitious plans to build out their AI infrastructure over the coming quarters and years. While such capital expenditure isn’t necessarily a bad thing, investors are concerned that many tech companies…

TuesdayOct 27, 2026 10:00 am

DHL Report Identifies Trends That Could Shape Black Friday in 2026

A trends report published by DHL reveals key trends that are likely to determine how Black Friday pans out for retailers who are looking to capitalize on this major shopping day in 2026. The report points out key insights that could determine which businesses will benefit, or lose out, during Black Friday. DHL surveyed almost 30,000 online shoppers as well as 5,800 online retailers from 29 countries. The views collected predict what will influence how the online shopping day goes this year. The data shows that shoppers relying on AI (50%) to help them in comparing prices and choosing products…

FridayOct 23, 2026 10:00 am

Electricity Use by Semiconductor Industry in Taiwan Reaches Record Level

According to the Taiwan Research Institute, monthly electricity use by the semiconductor industry in the country reached 4.5TWh for the first time in September. This monthly record was reached riding on the unexpectedly high power demand to meet the needs of the AI industry. The TRI says that the demand for advanced chips, cutting-edge packaging and other components needed in the AI build-out has driven fabs in the country to consume increasing amounts of electricity as they race to manufacture the needed components to address the global demand. As a result, electricity consumption resumed double-digit growth, rising 11.55% year over…

ThursdayOct 22, 2026 10:00 am

US Stops Government Agencies from Using AI Tools Developed by DeepSeek

On Monday, the Department of Homeland Security issued a notice barring government agencies from using any artificial intelligence tools developed by Chinese tech firm DeepSeek. The ban also applies to AI tools developed by third parties relying on DeepSeek as their platform of choice. The order instructs agencies to remove those tools from their IT systems. DHS says this measure is necessary because the servers of the AI firm are in China and the government can, by law, get unfettered access to any information stored on those servers. This latest development comes at a time when Washington and Beijing are…

TuesdayOct 20, 2026 10:00 am

Why Elon Musk Has Set His Sights on Making AI Chips

Elon Musk announced project Terafab, a project that will see him build a manufacturing plant that will produce AI chips on a massive scale. Terafab is currently backed by Tesla, xAI, and SpaceX. All are companies owned by the tech billionaire. So, why would Musk set his sights on making chips and yet other firms have mastered the process to an art? For starters, Musk is painfully aware of how serious chip shortages are. Demand is so high that leading companies like Nvidia, TSMC and Micron are finding it hard to ramp up production quickly enough. With Terafab, Musk wants…

FridayOct 16, 2026 10:00 am

IEA Says Global Diesel Shortages Could Persist in 2027

In the run-up to the International Energy Agency’s meeting on Thursday, the agency revealed that its data showed that shortages of diesel on global energy markets could persist into much of 2027. The IEA meeting is aimed at working out how member countries are going to structure additional releases from their strategic oil reserves so that energy markets can be calmed down. Earlier in March, IEA members agreed to release over 400 million barrels of oil in a staggered way so that prices that were skyrocketing when the Iran war broke out could be stabilized. The agency is especially concerned…

ThursdayOct 15, 2026 10:00 am

Microsoft President Says Milk is Currently More Regulated Than AI

During a recent interview with the BBC, Brad Smith, Microsoft’s president, revealed that he was unhappy with the current situation in which consumer products like washing machines and milk were more regulated than a powerful technology like AI. He emphasized that the world needed to have safety rules providing oversight of the AI industry, and those rules or laws needed to have provisions compelling AI companies to inform any victim once an AI system goes rogue and accesses a system or website it wasn’t authorized to access. Smith says those global safeguards should also clearly spell out when it is…

TuesdayOct 13, 2026 10:00 am

Surging Demand Allows Samsung to Lock Up Nearly All its Manufacturing Capacity in Supply Deals

As the demand for AI memory chips outstrips supply by a wide margin, manufacturers like Samsung Electronics have leveraged the existing circumstances to negotiate long-term supply contracts with their key customers. These contracts have locked up 80 percent of the company’s production for 2027. Those deals have left other buyers scrambling for the remaining expected production, and suppliers of memory, including Samsung, have accordingly raised their prices since the market firmly favors them. The deals locking up supply reportedly span 3-5 years and they have a provision to extend the agreements on an annual basis subject to discussion of the…

FridayOct 09, 2026 10:00 am

AI Memory Boom Propels Samsung to an $80B Record in Profits

Samsung Electronics has revealed that its quarterly profits for the period July to September 2026 will increase more than nine-fold when compared to its earnings for the same period last year. The firm expects its profits to reach $80 billion for the just-ended quarter. The South Korean company will publish its detailed earnings reports for Q3 2026 at the end of this month. In the country, it is normal for large companies to provide their own earnings projections ahead of the publication of the earnings reports. These briefs often carry more weight in the eyes of investors when compared to…

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Month: October 2026