🔔 The Daily Semi-Cap — October 1, 2026
📊 SMH: $617.81 (+1.45%)
📈 Earnings:
• No new semiconductor earnings released today.
🔥 Major Developments:
• JERA, Dell, and RHAELM signed an MoU to build national-scale AI infrastructure in Japan, starting with a $15B+, 400 MW project at JERA’s Chiba power station targeted to begin operations around 2028.
• Infineon inaugurated a new automated backend manufacturing hub in Bangkok covering assembly, test, and wafer test; the site can expand to five modules and grow from roughly 350 to 1,000 employees.
• Virginia released its 2026 Energy Plan, calling for data centers to bear their incremental grid costs, use demand flexibility and on-site storage, and prioritize lower-emission bridge power over new behind-the-meter gas combustion.
• Site development for Samsung’s Yongin semiconductor mega-cluster is set to begin this month, with six fabs planned and the first fab site targeted for delivery by the end of 2027.