INTC upsized its stock offering to $20 billion as TSM partnered with Sony on a $4.69 billion chip JV targeting 2029. Markets edged higher pre-market as Nasdaq-100 futures gained 0.3% while oil slipped near $82 on mixed U.S.-Iran signals. S&P 500 futures edged up 0.1%, while Nasdaq-100 futures gained 0.3% and Dow futures added 34 points, or 0.1%. IBM (NYSE: IBM) is putting a bigger AI workload marker on its cloud business, signing a $240 million multiyear deal with Together AI to launch a dedicated large-scale inference cluster on IBM Cloud. The build will run on NVIDIA (Nasdaq: NVDA) HGX B300 systems and Spectrum-X Ethernet networking, with availability expected in Q1 2027.