External broker reports(aggregated public sources), CMB International

CMB International

Incorporated in Hong Kong, supported by the mainland and targeting in global market, CMB International Capital Corporation Limited (“CMBI”) is an integrated financial institution providing comprehensive and professional services. As a wholly-owned subsidiary of China Merchants Bank ("CMB"), by leveraging on the Group’s synergy and coordination in domestic and overseas markets, as well as CMB’s strong resources and outstanding social reputation, CMBI and its subsidiaries have been actively implementing diversified business strategies and set up an overall layout of main business segments including Corporate Finance, Asset Management, Wealth Management, Global Markets and Structured Finance, etc. Adhering to the philosophy of “being clients oriented and increasing our own values by the way of creating value for clients”, CMBI endeavors to provide quality and integrated financial services to institutional, corporate and individual customers both domestic and overseas including Hong Kong IPO sponsorship and underwriting, share placement and rights issue for listed companies, financial advisors, bonds issuance services, asset management, direct investment, wealth management, equity sales and trading, etc.

External broker reports(aggregated public sources)

Thematic (Sector/Industry)

<ul><li>On Day 1 of Google Cloud Next 2026, held on April 22 in Las Vegas, delivered three key infrastructure updates: 1) Launched two 8 th gen TPUs (TPU 8t and TPU 8i) with dedicated designs for training and inference, respectively, highlighting a clearer split between compute-intensive training and latency- and memorysensitive inference workloads;</li><li>2) introduced a broader AI Hypercomputer architecture built around Virgo networking, tighter storage integration, and largescale cluster orchestration, reinforcing that AI performance is increasingly defined at the system level rather than by standalone chip capability;</li><li>3) framed agentic AI as the next major demand driver, which raises the importance of memory bandwidth, interconnect scale, utilization, and power efficiency alongside raw silicon performance.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

On Day 1 of Google Cloud Next 2026, held on April 22 in Las Vegas, delivered three key infrastructure updates: 1) Launched two 8 th gen TPUs (TPU 8t and TPU 8i) with dedicated designs for training and inference, respectively, highlighting a clearer split between compute-intensive training and latency- and memorysensitive inference workloads;2) introduced a broader AI Hypercomputer architecture built around Virgo networking, tighter storage integration, and largescale cluster orchestration, reinforcing that AI performance is increasingly defined at the system level rather than by standalone chip capability;3) framed agentic AI as the next major demand driver, which raises the importance of memory bandwidth, interconnect scale, utilization, and power efficiency alongside raw silicon performance.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Semiconductors - Google Cloud Next: TPU v8 and rising of AI Hypercomputer