The latest Market Talks covering Technology, Media and Telecom. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.

1043 ET - BlackBerry just won its first customer design for Alloy Kore, its co-developed automotive operating system platform with Vector. TD Bank's John Shao notes in a report that the win is with Coretura, the JV between Daimler Truck and Volvo Group, which selects the platform as a key software foundation for its software-defined vehicle architecture. "This win is a strong starting point," says Shao, who believes that investors have been waiting for the first Alloy Kore design win since the beginning of the summer. He estimates that this agreement alone could contribute more than $10 million of annual revenue over multiple years, but the benefits of the win won't be immediate, given "development cycles associated with commercial vehicles, combined with the nature of a first-generation platform." (adriano.marchese@wsj.com)

0621 ET - China's ability to produce and export green technologies at a low cost has become a key part of renewable and electric vehicle rollouts globally, including Europe, according to Capital Economics in a research note. CE estimates China's export volumes of solar panels, EVs and lithium-ion batteries, where EU counts as a key consumer, have tripled--while prices have roughly halved since 2022. Emerging markets also import growing amounts of green tech from China, it says. "Efforts to now de-risk from China and cut the country from hi-tech supply chains will put ambitions to achieve net zero emissions further out of reach," CE says. (tracy.qu@wsj.com)

0502 ET - The popularity of Meta's new consumer-facing AI agent, Muse, is a sign that demand will grow for products across the AI supply chain, UBS strategists write. The successful launch shows that there are ways for AI companies to make money beyond selling the technology to large companies, they say. The AI product space is increasingly competitive, underpinning demand for computing power and AI infrastructure, the strategists add. "This should benefit high-quality semiconductor and hardware leaders." Meta stock edges up 0.4% premarket after an 11% surge in the last session. Chip makers Intel and Advanced Micro Devices fall 0.7% and 1%, respectively, premarket after double-digit gains Monday.(josephmichael.stonor@wsj.com)

0345 ET - Samsung Electronics' rapid expansion of high-bandwidth memory production could squeeze supplies of other general-purpose memory chips, KB Securities analysts say. The world's largest memory-chip maker is expected to allocate 33% of its total DRAM production capacity to higher-end HBM products for artificial-intelligence applications in 2026 and 40% in 2027, up from 27% in 2025, analysts led by Jeff Kim write in a note. By contrast, Samsung's general-purpose memory chips are likely to account for 65% of its total DRAM production capacity in 2026 and 59% in 2027, down from 73% in 2025, they note. Samsung's HBM4 products could account for about 80% of its total revenue next year, up from 40% this year, they add. (kwanwoo.jun@wsj.com)

0004 ET - Japan's data-center sector is entering a new phase as artificial-intelligence workloads become more power-intensive, Fitch Ratings says in a note. Access to electricity is increasingly influencing development timelines, site selection and project viability in Japan, the rating company says. Growing power and land constraints in Tokyo are encouraging a redistribution of future development within Japan toward locations better positioned to support AI infrastructure and rising electricity demand. Community resistance is becoming more visible in some urban developments, adding another layer of execution risk. Government policy is becoming increasingly supportive of broader geographic distribution of digital infrastructure, Fitch says. (kosaku.narioka@wsj.com; @kosakunarioka)

2316 ET - Australia is seen by Morgan Stanley analysts as well placed to benefit from constraints on how rapidly U.S. data centers can be built to meet surging artificial intelligence demand. They think that Australia could accommodate part of this demand overflow, pointing to its data sovereignty requirements and renewables-assisted capability to power the centers. Australia already ranks in the global top five for installed data-center capacity, they say in a note to clients. While large-scale and household batteries are increasing Australia's energy storage capacity and damping forward electricity prices, U.S. data-center energy costs are becoming increasingly expensive, they add. (stuart.condie@wsj.com)

1858 ET - Shopify plans to allow Meta's buzzy personal AI agent Muse to complete purchases on behalf of users with Shop Pay, its accelerated, one-tap checkout service. Deutsche Bank analysts say the companies' collaboration is further proof that leading AI platforms are integrating with Shopify's commerce infrastructure. "We believe the partnership helps refute the recent bear thesis that AI agents and personal shoppers could disintermediate Shopify and its large payments business," they say. The partnership shows the value of Shopify's structured product data, merchant connectivity, checkout and the underlying infrastructure required to complete an order, they say. Shares of Shopify close up 7.3%, at $137.92, on Monday. (kelly.cloonan@wsj.com)

1434 ET - Truist analysts expect that Meta's new AI assistant, Muse, will add $28.5 billion in incremental revenue by 2030 under a base case scenario. They say in a note that Muse represents "the clearest attempt yet to build a non-ad revenue stream to complement its ad juggernaut and show ROI against its large CapEx." Meta surges 12% after the app to access the AI agent reached No. 1 in Apple's App Store. (elias.schisgall@wsj.com)

1423 ET - Bitcoin could extend its latest rally to $90,000 if long-term investors can join the buying streak, Nansen analyst Nicolai Sondergaard says in a note. The latest run-up was driven by a combination of renewed ETF demand and a big short squeeze, not a macro-driven accumulation event, the analyst says. The biggest traders on Hyperliquid are still net short, and more bitcoin is moving into exchanges than out of them, showing that crypto-native holders haven't embraced the rally, he says. Until they do, the run-up is vulnerable to a reversal if the ETF inflows weaken or Treasury yields push higher again, he says. Bitcoin is trading around $85,800, up 5.8% from a day earlier, according to CoinGlass. (dean.seal@wsj.com)

1416 ET - Meta is making the right strategic bet by emphasizing trust in Muse's pitch, Truist analysts say in a note, pointing out that the consequences of AI agents making mistakes or eschewing instructions can be high. Still, they say, the company's reputation might make the pitch challenging. "Muse asks consumers to trust Meta with more personal data than social media ever did, and it arrived twelve days after Meta agreed to an $18 billion settlement with 29 states over social media harms to children," they say. "For a product whose entire pitch is trust, this is not the most favorable launch context." (elias.schisgall@wsj.com)

1328 ET - The AI trade is continuing to find strength with chip makers gaining strongly. Meta is also up 10% helped by the popularity of its Muse AI agent, the most downloaded free iPhone app in the U.S., according to Sensor Tower. The ubiquity of AI has prompted questions about liability, with the CEOs of OpenAI and Anthropic signaling that the U.S. government may need to take an active role in regulation. However, Treasury Secretary Scott Bessent says on CNBC, that he doesn't agree. "What did they try to do last week? It was, 'Well there's a 10% chance that we could destroy the world, but we want the government to give us a liability shield.' That's good business for them, bad business for the American people."