TSMC surges, Intel-Google on AI-optimized CPUs, Lockheed Martin's $4.76B, AOMC to merge with Odyssey Marine, SiFive raised $400M, $4B for Rapidus, Indian generic weight-loss drug, Meta-CoreWeave $21B

The global markets this week is primarily driven by the massive expansion of artificial intelligence infrastructure through strategic partnerships and nuclear energy investments. Significant shifts in the semiconductor and critical minerals sectors as nations like Japan and the U.S. strive for technological independence from China. Economic instability is also a major theme, evidenced by rising inflation due to Middle Eastern tensions and mounting defaults in the American private credit and commercial real estate markets. Corporate maneuvering remains active, featuring multi-billion dollar mergers in deep-sea mining, legal settlements involving the opioid crisis, and a hostile bid to take Universal Music Group private.