AI Chips & PC Push: Nvidia CEO Jensen Huang said Huawei’s “Tau (τ) Scaling Law” is a “breakthrough” but “no threat to TSMC,” as Nvidia and Microsoft gear up to unveil the first Nvidia-powered Windows PCs at Computex in Taiwan and Microsoft’s Build event. Semiconductor Investment Spotlight: Nvidia is also in the headlines for a major Taiwan spending plan (reported around $150B a year), reinforcing Taiwan’s role as the AI hardware hub. Computex Week Watch: Multiple reports point to a busy Taiwan hardware calendar, with Nvidia’s N1X laptop system-on-chip and broader “new era of PC” messaging. Defense & Deterrence: Taiwan President William Lai vowed to bolster defense and economic resilience as the U.S. weighs a delayed Taiwan arms package; U.S. Defense Secretary Pete Hegseth softened China rhetoric at Shangri-La and avoided directly raising Taiwan. Regional Security Infrastructure: The Quad’s foreign ministers backed port, energy, maritime surveillance, and undersea-cable resilience initiatives, including a Fiji port plan. China Nuclear Buildup: Satellite-image reporting says China is expanding nuclear launch pads and hardened infrastructure near silo fields in Xinjiang, raising second-strike concerns. Industrial Compliance Risk: Taiwan-linked export-control scrutiny continues as prosecutors investigate alleged illegal shipments of high-end AI servers with Nvidia chips. Market Pulse: Taiwan’s stock market briefly overtook India to become the world’s fifth-largest by market cap, driven by the AI/semiconductor rally.