Sunday, May 3, 2026

Former Malaysian minister Rafizi was summoned by the Malaysian Anti-Corruption Commission (MACC) regarding an investigation into an Arm Holdings joint venture and expects possible charges. The probe signals regulatory scrutiny of technology partnerships involving Malaysian government officials and major semiconductor IP firms.

AI chip maker Cerebras Systems launched its IPO roadshow targeting a share price of $115–$125 per share, which would raise approximately $3.5 billion and value the company at around $16 billion. Cerebras designs wafer-scale processors optimized for AI inference workloads, with OpenAI as a key customer. Bloomberg, Reuters, and CNBC reported on the roadshow launch.

Non-chip division workers are withdrawing en masse ahead of an 18-day strike, citing unequal bonus allocation that prioritizes the semiconductor unit. The exodus signals internal labor tensions that could disrupt Samsung's non-memory business operations during a critical negotiation period.