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AI in ASIA
3Before9
•1TSMC reported record profits and increased its revenue forecast for 2026, driven by extremely robust demand for advanced AI chips, with production capacity remaining tight.•2Stanford's 2026 AI Index reveals China has significantly narrowed the AI model performance gap with the US and now leads in several key AI metrics like citations and patents.•3Manycore Tech soared 144% on its Hong Kong debut, signalling investor appetite for Hangzhou's spatial-intelligence AI startups and opening the door for more IPOs from the "Little Dragons" cluster.•1TSMC reported record profits and increased its revenue forecast for 2026, driven by extremely robust demand for advanced AI chips, with production capacity remaining tight.•2Stanford's 2026 AI Index reveals China has significantly narrowed the AI model performance gap with the US and now leads in several key AI metrics like citations and patents.•3Manycore Tech soared 144% on its Hong Kong debut, signalling investor appetite for Hangzhou's spatial-intelligence AI startups and opening the door for more IPOs from the "Little Dragons" cluster.

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