# Daily Fintech News — September 10, 2026 > Daily brief on markets, macro, banking, chips and AI infrastructure. Published September 10, 2026 at 7:00 PM ET by Daily Fintech News. Canonical HTML: https://dailyfintechnews.com/brief/fintech/2026-09-10 **Entities covered:** MediaTek, SoftBank Group, AMD, South Korea, Initial public offering, Meta Platforms, JPMorgan Chase, Huawei, Nvidia, Data center --- ## 1. TSMC monthly sales jump 53% as AI chip demand outstrips supply *Section: AI Chips · Tickers: $TSM* Taiwan Semiconductor Manufacturing reported a 53.3% year-over-year increase in monthly sales, saying it is still struggling to keep up with overwhelming demand from the global AI infrastructure buildout. The figure underscores how the AI compute boom continues to run well ahead of available chip supply. - $TSM close: $428.03 (-1.68%) Permalink: https://dailyfintechnews.com/brief/fintech/2026-09-10#item-1 ## 2. MediaTek monthly sales surge 44% on emerging AI chip business *Section: AI Chips* MediaTek reported a 44% surge in monthly sales, boosted by its emerging AI chip business, including custom silicon work for customers such as Alphabet's Google. The jump signals the Taiwanese chip designer is becoming a bigger beneficiary of the AI accelerator wave. Permalink: https://dailyfintechnews.com/brief/fintech/2026-09-10#item-2 ## 3. Grab in talks to buy majority stake in SoftBank-backed BNPL firm Atome *Section: M&A · Tickers: $GRAB* Grab Holdings, Southeast Asia's largest ride-hailing and food-delivery company, is in talks to acquire a majority stake in Singapore-based buy-now-pay-later platform Atome Financial. The deal would deepen Grab's push into fintech and consumer lending across the region. - $GRAB close: $3.01 (-0.99%) Permalink: https://dailyfintechnews.com/brief/fintech/2026-09-10#item-3 ## 4. Alibaba to lead $300M round in AI startup UniPat at $2.5B valuation *Section: AI* Alibaba Group is slated to lead a $300 million investment in AI training and benchmarking startup UniPat AI, valuing the company at about $2.5 billion. The bet extends Alibaba's aggressive push to back the AI model and evaluation ecosystem. Permalink: https://dailyfintechnews.com/brief/fintech/2026-09-10#item-4 ## 5. AMD-backed Korean AI startup Upstage weighs pre-IPO funding round *Section: AI* South Korean artificial intelligence startup Upstage, whose backers include AMD, is considering a pre-listing funding round as one of several capital-market options ahead of a potential IPO, according to its co-founder. The move reflects rising investor appetite for regional AI model developers. Permalink: https://dailyfintechnews.com/brief/fintech/2026-09-10#item-5 ## 6. Wall Street's favorite AI startup Rogo raises ~$30M as it targets wealth management *Section: AI* Rogo Technologies, an AI platform already used by JPMorgan Chase, Bank of America and other major investment banks, said it recently signed a fresh round of strategic investments totaling roughly $30 million. It plans to deploy its AI agents more broadly across finance, with wealth management among its next targets. Permalink: https://dailyfintechnews.com/brief/fintech/2026-09-10#item-6 ## 7. Meta upgraded to overweight at JPMorgan on improving AI position *Section: AI · Tickers: $META* JPMorgan Chase upgraded Meta Platforms to overweight, with analyst Doug Anmuth citing improving sentiment toward the Facebook parent's positioning in artificial intelligence. It is the latest sign Wall Street is warming to Meta's heavy AI investment story. - $META close: $644.38 (-1.42%) Permalink: https://dailyfintechnews.com/brief/fintech/2026-09-10#item-7 ## 8. Huawei lifted prices for its best AI chip by 60% this summer *Section: AI Chips* Huawei Technologies notified some clients it is sharply raising prices on its most advanced AI accelerators, with its top chip up about 60%. The increase reflects how demand for AI compute is rapidly outstripping supply during the data-center boom. Permalink: https://dailyfintechnews.com/brief/fintech/2026-09-10#item-8 ## 9. Oracle earnings to test market's tolerance for AI spending risk *Section: Earnings · Tickers: $ORCL* Oracle shares have struggled this year as investors balk at the large debt load the software and cloud company has taken on to build out AI infrastructure. Its upcoming results are seen as a test of how much AI capital spending the market is willing to stomach. - $ORCL close: $153.17 (-5.23%) Permalink: https://dailyfintechnews.com/brief/fintech/2026-09-10#item-9 ## 10. Nasdaq invests in Kraken parent Payward at $21B valuation *Section: Fintech · Tickers: $NDAQ* Nasdaq is investing about $100 million in Payward, the parent of cryptocurrency exchange Kraken, at a roughly $21 billion valuation. The deal supports Nasdaq's push to build infrastructure for trading stocks in tokenized form. - $NDAQ close: $92.01 (-2.35%) Permalink: https://dailyfintechnews.com/brief/fintech/2026-09-10#item-10 ## 11. DOJ probes Nvidia's tie-up with Groq on antitrust concerns *Section: AI Chips · Tickers: $NVDA* The U.S. Department of Justice is investigating Nvidia's licensing deal with AI-chip startup Groq over antitrust concerns, according to Bloomberg. The scrutiny adds regulatory risk to Nvidia's expanding web of partnerships and investments across the AI accelerator ecosystem. - $NVDA close: $218.36 (-2.37%) Permalink: https://dailyfintechnews.com/brief/fintech/2026-09-10#item-11 ## 12. Nvidia's Huang touts cybersecurity as next big market for AI *Section: AI Chips · Tickers: $NVDA* Nvidia CEO Jensen Huang said cybersecurity is set to become one of the next major markets for artificial intelligence, as AI agents both create new threats and power the defenses against them. The comments frame another large addressable market for Nvidia's chips and software. - $NVDA close: $218.36 (-2.37%) Permalink: https://dailyfintechnews.com/brief/fintech/2026-09-10#item-12 ## 13. Positron valued at $5B in new funding as demand for AI chips surges *Section: AI Chips* AI-chip startup Positron said it raised $875 million at a $5 billion valuation, co-led by NEA, Atreides, Valor Equity Partners and Netscape co-founder Jim Clark, roughly 5x its $1 billion valuation in February. The company designs hardware to run AI models faster amid surging demand for AI compute. Permalink: https://dailyfintechnews.com/brief/fintech/2026-09-10#item-13 ## 14. Vantage Data Centers seeks $2bn in loans from Pimco and PGIM *Section: AI Infrastructure* Vantage Data Centers, backed by DigitalBridge, is seeking about $2 billion in loans from new investors including Pimco and PGIM to fund its AI-infrastructure buildout, as Wall Street banks limit their exposure to data-center debt. The move highlights how AI capacity growth is increasingly financed by private credit. Permalink: https://dailyfintechnews.com/brief/fintech/2026-09-10#item-14 --- ## Questions this brief answers **Why did TSMC monthly sales jump rise?** Taiwan Semiconductor Manufacturing reported a 53.3% year-over-year increase in monthly sales, saying it is still struggling to keep up with overwhelming demand from the global AI infrastructure buildout. **Why did MediaTek shares rise?** MediaTek reported a 44% surge in monthly sales, boosted by its emerging AI chip business, including custom silicon work for customers such as Alphabet's Google. The jump signals the Taiwanese chip designer is becoming a bigger beneficiary of the AI accelerator wave. **How much is SoftBank Group paying to acquire majority stake in SoftBank-backed BNPL firm Atome?** Grab Holdings, Southeast Asia's largest ride-hailing and food-delivery company, is in talks to acquire a majority stake in Singapore-based buy-now-pay-later platform Atome Financial. **How much did Alibaba to lead $300M raise, and at what valuation?** Alibaba Group is slated to lead a $300 million investment in AI training and benchmarking startup UniPat AI, valuing the company at about $2.5 billion. The bet extends Alibaba's aggressive push to back the AI model and evaluation ecosystem. **How much did AMD raise?** South Korean artificial intelligence startup Upstage, whose backers include AMD, is considering a pre-listing funding round as one of several capital-market options ahead of a potential IPO, according to its co-founder. **How much did Wall Street's favorite AI raise?** Rogo Technologies, an AI platform already used by JPMorgan Chase, Bank of America and other major investment banks, said it recently signed a fresh round of strategic investments totaling roughly $30 million. --- ## More from Daily Fintech News - Previous brief: [September 9, 2026 — Apple unveils iPhone Duo, its first foldable iPhone, starting at $2,000](https://dailyfintechnews.com/brief/fintech/2026-09-09) - Next brief: [September 11, 2026 — JD.com Prepares Remedy Tweaks in Bid for EU Ceconomy Nod](https://dailyfintechnews.com/brief/fintech/2026-09-11) - Also covers Data center, Huawei, Initial public offering: [August 31, 2026 — Tesla rose 5%, its best day since early July, ahead of Cybercab launch event](https://dailyfintechnews.com/brief/fintech/2026-08-31) - Also covers AMD, Data center, Huawei: [September 21, 2026 — Nasdaq Closes at Record as Chip and AI Stocks Rally](https://dailyfintechnews.com/brief/fintech/2026-09-21) - Also covers AMD, Data center, Initial public offering: [September 17, 2026 — Trump Weighs Resuming Large-Scale Military Operations Against Iran](https://dailyfintechnews.com/brief/fintech/2026-09-17) - [All briefs](https://dailyfintechnews.com/brief/fintech) *Source: Daily Fintech News (https://dailyfintechnews.com). 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