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Industry

U.S. fossil power plans surge, new capacity share expands from 5 to 30 percent

Plans to build fossil-fuel power plants in the United States, led by natural gas, are rising at the fastest pace in more than a decade, an analysis said. A report by the Environmental Defense Fund and Atlas Public Policy found fossil fuels account for about 30 percent of planned new generating capacity as of the second quarter of 2026, up from 5 percent of capacity actually installed in 2024. Renewables remain cheaper on average, but policy and demand shifts are driving the change.

Finance

Samsung Electronics, SK Hynix rebound timing hinges on AI data center funding

Shares of Samsung Electronics and SK Hynix have fallen sharply despite expectations of record results, dropping by amounts comparable to crisis periods. The declines have spread from concerns about U.S. AI data center operators\' funding and worries about further U.S. rate hikes, raising doubts over memory demand. Both companies posted or are expected to post strong operating profit. The timing of any rebound may depend on when funding fears for AI data centers ease.

AI & Enterprise

Bae Kyung-hoon urges South Korea to raise goals, investment for physical AI

Deputy Prime Minister and Science Minister Bae Kyung-hoon said South Korea should reassess whether its current targets and investment for physical AI are sufficient to secure top-tier global competitiveness. He urged setting the highest possible goals with a three- to five-year outlook as AI advances faster than expected. The government plans to invest 3.1 trillion won in physical AI next year, more than triple this year’s 900 billion won.