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The Toronto Stock Exchange (TSX) fell 1.2% to 29,906.55, driven by investor concerns over AI spending and lower commodity prices. Economist David Rosenberg warned of an AI trade bubble, despite Nvidia's strong results. Base Metals and Info Tech sectors declined, while Battery Metals gained. Rosenberg highlighted excessive valuations and market concentration in top tech firms. Gold and oil prices also dropped.
Ohio State University has selected Aixtron SE's CCS MOCVD system for research and development in gallium oxide and aluminum gallium oxide materials and devices. The system will be installed at Nanotech West Lab and used for epitaxial growth on 100 mm substrates. The CCS MOCVD system is known for producing high-quality, uniform thin films and supporting both academic research and industrial applications.