🔔 The Daily Semi-Cap — September 14, 2026 📊 SMH: $541.50 (-4.75%) 📈 Earnings: • No new semiconductor earnings released today. 🔥 Major Developments: • Semiconductors led today’s selloff after Anthropic, OpenAI, and xAI leaders backed slowing frontier-model development: the Philadelphia Semiconductor Index fell nearly 6%, while NVIDIA lost 3.4% and Micron, Applied Materials, and Intel dropped between 5.3% and 7.1%. • Google Cloud and Inferact partnered to make TPU a first-class platform in vLLM, aligning their engineering roadmaps around production serving, optimized kernels, native PyTorch support through TorchTPU, and faster support for new frontier models. All resulting work will be open source. • Cornelis launched Active Compute Fabric, an open, programmable architecture spanning scale-up and scale-out AI networking, and raised $205M to fund expansion and next-generation products. Qualcomm is collaborating on the fabric as Cornelis pushes into rack-scale systems. • Fujitsu will begin global sales of its 2nm, 3D-stacked MONAKA CPU in November alongside a made-in-Japan MONAKA Server for sovereign AI, cloud, HPC, and defense workloads. The standalone processor will target cloud operators and server vendors, while the server launches in Japan and Europe.

Honored and excited to have famed artist @thomasdambo agree to a commission of a monumental troll sculpture that will be seated over the Gorge Ledge in front of the Carl Sagan tomb. This is a historical restoration I’m currently working on located in Ithaca New York. @cornelluniversity #thomasdambo# #dambotrolls# #wastenomore# #upstatenewyork#

14 newborn babies died after a fire broke out in the maternity ward. The flames were reportedly triggered by a faulty air conditioner. The incident is among the deadliest hospital ​fires in recent years in Pakistan. @CordeliaSkyNews reports

For some in China, nostalgia for the 1990s may simply be a longing for a better life. But there is also great frustration about politics in the country today Illustration: Cornelia Li

15-year-old Jani Alam may be one of more than 500 people who are feared dead after two boats suspected of smuggling migrants went missing off the coast of Myanmar. Sky's @CordeliaSkyNews tracks down his family.