AI Chips & Supply Chains: Nvidia has cut more than half of its Asian approved buyers after tightening compliance checks aimed at stopping diversion of advanced AI chips to China, with on-site scrutiny of data centers and contracts. Semiconductor Production: UMC has started mass production of silicon photonics wafers in Singapore, aiming to meet AI and hyperscale data-center demand for energy-efficient optical links. Big Tech Capex Signals: Meta shares slid after a Reuters report said the company plans to double computing capacity to 14GW by 2027, with memory and networking supply contracts and an Iris accelerator set to enter production at TSMC in September. Taiwan in Global Trade: The US trade deficit widened to $77.6B in May as AI component imports surged, with Taiwan emerging as a top source. Energy & Markets: Oil jumped to a four-week high as US-Iran tensions and a proposed 20% Hormuz tanker toll raised shipping-cost uncertainty. Food Safety: Taiwan’s TFDA said recalled products tied to tainted cooking oil can be reshelved if they pass safety rules, excluding items linked to batches with excessive BaP. Cross-Strait Politics: Lithuania’s new PM called Taiwan’s de-facto embassy opening “maybe too brave,” as he moves to normalize ties with China. Logistics: DHL launched TransPac Connect, adding a dedicated Bangkok–Cincinnati service and expanding access via Hanoi and Taipei.