Deep inside a cluster of windowless fabs in southern Taiwan, a $50-billion bottleneck issilently holding the entire AI industry hostage. It has a name most people have neverheard: CoWoS. What Exactly Is CoWoS?CoWoS — Chip-on-Wafer-on-Substrate — is the advanced packaging step that physically marries an AIprocessor chip to its High-Bandwidth Memory (HBM) stacks on a…
THE EMERGING EDGE—Edition No. 5 · 21 May 2026Global & Emerging Markets Intelligence LIVE DATA — 21 MAY 2026 THE THREE STORIES TODAY Market math on a confirmed deal:→ Brent crude: $105 → $80-85 within 30 days (-$20-25 more downside)→ India Sensex: +5-8% rally (85% oil import dependency)→ EM broad: Largest single-session rally of 2026→…
In 2025, it became almost impossible for investors to ignore OpenAI. The company locked in huge multi-year deals with giants like Microsoft, Oracle, Nvidia, AMD, Amazon, and CoreWeave, stacking up more than a trillion dollars in long-term spending commitments tied to infrastructure, compute, and chips. At the same time, it completed its shift into a…
Reliance Industries and Nvidia are joining forces to build AI infrastructure in India, announced Nvidia CEO Jensen Huang on October 24. During a conversation with RIL chairman Mukesh Ambani, Huang expressed his enthusiasm for the collaboration, calling it a remarkable opportunity for India, given its large population and vast pool of computer engineers. “This is…
The key points from the 2024 FEF Semi-Annual Letter to Shareholders are: Sources: 2024 FEF Semi Annual Letter to Shareholders
