7*24

Hot topic

Market

Activities

On July 29, Nvidia CEO Jensen Huang met with US Commerce Secretary Howard Lutnick on Tuesday. Huang's trip aimed to meet with bipartisan leaders to discuss Nvidia's plan to produce $500 billion worth of technology products in the US over four years to strengthen the national supply chain, as well as US leadership in AI, including advantages in open source. Huang's schedule in Washington this week also includes meetings with Senator Mark Warner, the top Democrat on the Senate Intelligence Committee, and other bipartisan lawmakers. Meanwhile, the Trump administration is finalizing a new framework that requires the most advanced AI models to provide early access to the US government before release, and is weighing policy positions on open-source AI.

[Jensen Huang Meets US Commerce Secretary, Discusses $500 Billion US Tech Production Plan]On July 29, Nvidia CEO Jensen Huang met with US Commerce Secretary Howard Lutnick on Tuesday. Huang's trip aimed to meet with bipartisan leaders to discuss Nvidia's plan to produce $500 billion worth of technology products in the US over four years to strengthen the national supply chain, as well as US leadership in AI, including advantages in open source. Huang's schedule in Washington this week also includes meetings with Senator Mark Warner, the top Democrat on the Senate Intelligence Committee, and other bipartisan lawmakers. Meanwhile, the Trump administration is finalizing a new framework that requires the most advanced AI models to provide early access to the US government before release, and is weighing policy positions on open-source AI.

Jensen Huang Meets US Commerce Secretary, Discusses $500 Billion US Tech Production Plan

On July 29, Kim Yong-beom, head of the Policy Office of the South Korean Presidential Office, systematically responded to the causes of the recent sharp decline in the KOSPI index. He pointed out that the current market is undergoing an internal debate on AI investment—on one hand, there are doubts about the commercial sustainability of large-scale capital expenditures by major tech companies, as "semiconductor supply continues to increase, but there is a lack of confidence in whether future demand can persistently absorb it"; on the other hand, the accelerated catch-up of China's semiconductor industry has brought new competitive pressure. News such as ChangXin Memory Technologies' listing and breakthroughs in China's lithography equipment manufacturing technology have prompted the market to reassess whether the competitive gap in South Korea's memory chips remains stable. However, Kim clearly emphasized that AI demand is not temporary, stating that "demand will be robust and sustained." He believes that South Korea should seize this opportunity to accelerate factory construction, make timely investments, and strengthen R&D spending. Addressing the causes of increased volatility in South Korea's domestic market, Kim explicitly stated that leveraged ETFs are not the sole answer. The market structure, where semiconductor and AI-related stocks account for 40% to 50% of the total, the high proportion of derivatives and ETFs, and factors such as investor composition collectively lead to significantly higher volatility compared to overseas markets. Although leveraged ETFs may cause temporary shocks during end-of-day rebalancing, volatility sometimes appears in the morning, and the time distribution alone rules out leveraged ETFs as a single driving factor. Kim recommended that the Financial Services Commission conduct a comprehensive review of the overall structure of the capital market, including leveraged ETFs.

[South Korean Presidential Office Recommends Comprehensive Review of Capital Market Including Leveraged ETFs]On July 29, Kim Yong-beom, head of the Policy Office of the South Korean Presidential Office, systematically responded to the causes of the recent sharp decline in the KOSPI index. He pointed out that the current market is undergoing an internal debate on AI investment—on one hand, there are doubts about the commercial sustainability of large-scale capital expenditures by major tech companies, as "semiconductor supply continues to increase, but there is a lack of confidence in whether future demand can persistently absorb it"; on the other hand, the accelerated catch-up of China's semiconductor industry has brought new competitive pressure. News such as ChangXin Memory Technologies' listing and breakthroughs in China's lithography equipment manufacturing technology have prompted the market to reassess whether the competitive gap in South Korea's memory chips remains stable. However, Kim clearly emphasized that AI demand is not temporary, stating that "demand will be robust and sustained." He believes that South Korea should seize this opportunity to accelerate factory construction, make timely investments, and strengthen R&D spending. Addressing the causes of increased volatility in South Korea's domestic market, Kim explicitly stated that leveraged ETFs are not the sole answer. The market structure, where semiconductor and AI-related stocks account for 40% to 50% of the total, the high proportion of derivatives and ETFs, and factors such as investor composition collectively lead to significantly higher volatility compared to overseas markets. Although leveraged ETFs may cause temporary shocks during end-of-day rebalancing, volatility sometimes appears in the morning, and the time distribution alone rules out leveraged ETFs as a single driving factor. Kim recommended that the Financial Services Commission conduct a comprehensive review of the overall structure of the capital market, including leveraged ETFs.

South Korean Presidential Office Recommends Comprehensive Review of Capital Market Including Leveraged ETFs

On July 29, South Korea's KOSPI index fell below 5800 points, hitting a new low since April, with a daily drop of 4.5%. SK Hynix fell over 8.3%, and Samsung Electronics fell 3.8%.

[South Korea's KOSPI Index Falls Below 5800 Points, Hitting a New Low Since April; SK Hynix Drops Over 8.3%]On July 29, South Korea's KOSPI index fell below 5800 points, hitting a new low since April, with a daily drop of 4.5%. SK Hynix fell over 8.3%, and Samsung Electronics fell 3.8%.

South Korea's KOSPI Index Falls Below 5800 Points, Hitting a New Low Since April; SK Hynix Drops Over 8.3%

On July 29, according to on-chain analyst Ai Yi's monitoring, an entity linked to a16z appears to have started rebuilding its position after repeatedly selling HYPE. Over the past 8 hours, it withdrew a total of 132,056.65 HYPE from major exchanges, worth $7.335 million, with an average withdrawal price of $55.54. Since July 15, the same address has transferred a total of 398,000 HYPE (approximately $24.89 million) to exchanges.

[a16z-Linked Entity Suspected of Rebuilding $7.335M HYPE Position]On July 29, according to on-chain analyst Ai Yi's monitoring, an entity linked to a16z appears to have started rebuilding its position after repeatedly selling HYPE. Over the past 8 hours, it withdrew a total of 132,056.65 HYPE from major exchanges, worth $7.335 million, with an average withdrawal price of $55.54. Since July 15, the same address has transferred a total of 398,000 HYPE (approximately $24.89 million) to exchanges.

a16z-Linked Entity Suspected of Rebuilding $7.335M HYPE Position

South Korean stocks opened higher but reversed gains on Wednesday, following a more than 10% drop in the previous session, as investors focused on earnings from domestic chipmakers and major U.S. tech companies. The KOSPI index briefly surged over 3% during trading before turning lower, falling more than 1%. The index dropped 10.8% on Tuesday, marking its largest single-day decline since March 4 and its lowest closing level since April 14. "The KOSPI is expected to rebound on bargain hunting, hopes from U.S.-Iran talks, and easing concerns over the Federal Reserve's policy meeting," said Han Ji-young, an analyst at Kiwoom Securities. Han noted that the KOSPI has entered "oversold" territory at record levels, with valuations at historical lows. Chipmaker SK Hynix fell more than 4%, erasing earlier gains of over 4%. Before the market opened, the company reported strong quarterly results but failed to meet high investor expectations driven by the artificial intelligence boom. (Jin Shi)

[KOSPI Opens Higher Then Falls, Investors Eye Domestic Chipmaker Earnings]South Korean stocks opened higher but reversed gains on Wednesday, following a more than 10% drop in the previous session, as investors focused on earnings from domestic chipmakers and major U.S. tech companies. The KOSPI index briefly surged over 3% during trading before turning lower, falling more than 1%. The index dropped 10.8% on Tuesday, marking its largest single-day decline since March 4 and its lowest closing level since April 14. "The KOSPI is expected to rebound on bargain hunting, hopes from U.S.-Iran talks, and easing concerns over the Federal Reserve's policy meeting," said Han Ji-young, an analyst at Kiwoom Securities. Han noted that the KOSPI has entered "oversold" territory at record levels, with valuations at historical lows. Chipmaker SK Hynix fell more than 4%, erasing earlier gains of over 4%. Before the market opened, the company reported strong quarterly results but failed to meet high investor expectations driven by the artificial intelligence boom. (Jin Shi)

KOSPI Opens Higher Then Falls, Investors Eye Domestic Chipmaker Earnings

On July 29, Coursera (NYSE: COUR) announced a $100 million strategic equity investment in LearnVector, a new AI-native learning company founded by its co-founder Andrew Ng. The investment gives Coursera approximately one-third of LearnVector's equity, valuing the company at around $300 million. Founded and led by Andrew Ng as CEO, LearnVector is positioned as an AI education startup targeting white-collar professionals. Its core goal is to use agentic AI to create a one-on-one personalized learning experience, shifting from traditional 'one-to-many' instruction to 'one-on-one' personalized tutoring. The AI agent will design individualized learning paths for each learner, adapt to their learning style, and continuously accompany them until they truly master the skills. The first courses are expected to launch in early 2027, and the transaction has been unanimously approved by a special committee of independent directors of Coursera.

[Andrew Ng Launches LearnVector, an AI Education Startup for White-Collar Workers, with $100M Investment from Coursera]On July 29, Coursera (NYSE: COUR) announced a $100 million strategic equity investment in LearnVector, a new AI-native learning company founded by its co-founder Andrew Ng. The investment gives Coursera approximately one-third of LearnVector's equity, valuing the company at around $300 million. Founded and led by Andrew Ng as CEO, LearnVector is positioned as an AI education startup targeting white-collar professionals. Its core goal is to use agentic AI to create a one-on-one personalized learning experience, shifting from traditional 'one-to-many' instruction to 'one-on-one' personalized tutoring. The AI agent will design individualized learning paths for each learner, adapt to their learning style, and continuously accompany them until they truly master the skills. The first courses are expected to launch in early 2027, and the transaction has been unanimously approved by a special committee of independent directors of Coursera.

Andrew Ng Launches LearnVector, an AI Education Startup for White-Collar Workers, with $100M Investment from Coursera

On July 29, Caixin published an article titled "The Collapse of the Boxing Champion's Balance Sheet," which disclosed that for the six natural-person creditors of boxing champion Zou Shiming and his wife, compared to other losses, funds invested in P2P and virtual currency are the only amounts that still have a possibility of recovery. Real estate has been sold, luxury goods have been discounted, gym renovations have been scrapped, and cross-border projects have been shut down—these are all irreversible sunk costs. But P2P and virtual currency are different: if the platform has not been fully liquidated, or if the wallet address can still be traced, there is theoretically room for subrogation. For example, the Beijing Procuratorate in China once conducted a penetrating review, combined with blockchain big data analysis tools to trace the flow of virtual currency, and successfully recovered over 89 million yuan in illicit funds.

[Caixin: Virtual Currency Among Few Recoverable Assets in Zou Shiming Couple's Debt]On July 29, Caixin published an article titled "The Collapse of the Boxing Champion's Balance Sheet," which disclosed that for the six natural-person creditors of boxing champion Zou Shiming and his wife, compared to other losses, funds invested in P2P and virtual currency are the only amounts that still have a possibility of recovery. Real estate has been sold, luxury goods have been discounted, gym renovations have been scrapped, and cross-border projects have been shut down—these are all irreversible sunk costs. But P2P and virtual currency are different: if the platform has not been fully liquidated, or if the wallet address can still be traced, there is theoretically room for subrogation. For example, the Beijing Procuratorate in China once conducted a penetrating review, combined with blockchain big data analysis tools to trace the flow of virtual currency, and successfully recovered over 89 million yuan in illicit funds.

Caixin: Virtual Currency Among Few Recoverable Assets in Zou Shiming Couple's Debt

On July 29, South Korea's KOSPI index accelerated its decline, falling 1% during the day. SK Hynix's decline expanded to 4.5%, while Samsung Electronics' gain narrowed to less than 1%. (Jin Shi)

[SK Hynix's Decline Expands to 4.5%, Samsung Electronics' Gain Narrows to Below 1%]On July 29, South Korea's KOSPI index accelerated its decline, falling 1% during the day. SK Hynix's decline expanded to 4.5%, while Samsung Electronics' gain narrowed to less than 1%. (Jin Shi)

SK Hynix's Decline Expands to 4.5%, Samsung Electronics' Gain Narrows to Below 1%

On July 29, Goldman Sachs Japan released its latest strategy report, stating that the recent sharp sell-off in Japan's AI-related stocks has created a buying opportunity, and strong earnings prospects are expected to revive investor interest in semiconductor stocks. The direct catalyst for this assessment came from Intel—the company raised its 2026 capital expenditure outlook by approximately $3 billion and explicitly stated it would significantly increase spending on wafer fabrication equipment. Goldman Sachs believes that Intel's accelerated ramp-up of advanced process technologies (including 18A and 14A nodes) and investment in advanced packaging will directly boost orders for highly correlated Japanese equipment suppliers, and the industry's trading logic has not been broken by the short-term adjustment. Within this framework, Goldman Sachs has listed three Japanese semiconductor manufacturing equipment companies as top picks. Lasertec is designated as the industry's top pick, with a Buy rating and a target price of 70,000 yen, retained on the Asia-Pacific High Conviction List. Its high exposure to Intel sales will directly benefit from the advancement of advanced processes. Tokyo Electron maintains a Buy rating with a target price of 83,000 yen (currently around 62,800 yen). Intel's increased wafer fab equipment budget will support demand for its manufacturing tools. Disco benefits from Intel's plan to expand EMIB-T advanced packaging capacity, with structural support expected for back-end processing equipment demand.

[Goldman Sachs: Japan AI semiconductor stocks 'not broken' after sharp drop; Intel's capex hike creates buying opportunity]On July 29, Goldman Sachs Japan released its latest strategy report, stating that the recent sharp sell-off in Japan's AI-related stocks has created a buying opportunity, and strong earnings prospects are expected to revive investor interest in semiconductor stocks. The direct catalyst for this assessment came from Intel—the company raised its 2026 capital expenditure outlook by approximately $3 billion and explicitly stated it would significantly increase spending on wafer fabrication equipment. Goldman Sachs believes that Intel's accelerated ramp-up of advanced process technologies (including 18A and 14A nodes) and investment in advanced packaging will directly boost orders for highly correlated Japanese equipment suppliers, and the industry's trading logic has not been broken by the short-term adjustment. Within this framework, Goldman Sachs has listed three Japanese semiconductor manufacturing equipment companies as top picks. Lasertec is designated as the industry's top pick, with a Buy rating and a target price of 70,000 yen, retained on the Asia-Pacific High Conviction List. Its high exposure to Intel sales will directly benefit from the advancement of advanced processes. Tokyo Electron maintains a Buy rating with a target price of 83,000 yen (currently around 62,800 yen). Intel's increased wafer fab equipment budget will support demand for its manufacturing tools. Disco benefits from Intel's plan to expand EMIB-T advanced packaging capacity, with structural support expected for back-end processing equipment demand.

Goldman Sachs: Japan AI semiconductor stocks 'not broken' after sharp drop; Intel's capex hike creates buying opportunity

On July 22, SpaceXAI announced that it will bring GROK to Microsoft Outlook. GROK is a Microsoft 365 add-in, available today to all paid X and SUPERGROK users.

[SpaceXAI to Bring GROK to Microsoft Outlook]On July 22, SpaceXAI announced that it will bring GROK to Microsoft Outlook. GROK is a Microsoft 365 add-in, available today to all paid X and SUPERGROK users.

SpaceXAI to Bring GROK to Microsoft Outlook

Claude's Major New Feature: Screen Recording + Voice, Distilling Your Skills into AI Tasks in One Click

Gate Research Institute: The 'Wall Street-ization' Wave of Crypto Financial Products – Competition or Integration?

BIT Trading Moment: BTC Still Suppressed by Weekly 200 EMA, Rejection May Restart Decline; Storage and Semiconductors that Surged Last Night Begin Falling in Evening Trading

BUILDon loses 15% as Futures activity cools down — Another decline incoming?

Is Bitcoin nearing another accumulation zone? THIS signal says yes

Pons V2 brings RWA trading pairs as Robinhood Chain broadens its ambitions

From OpenSea to OpenRouter: Is Alex Atallah Repeating His 'Exit at the Peak' Playbook?

2 Months, Valuation Soars from $8.8B to $68B! The Largest AI Model Hub OpenRouter May Be Acquired

SpaceXAI to Bring GROK to Microsoft Outlook

Disclaimer：Il contenuto di cui sopra non rappresenta le posizioni di HTX.，HTX non fornisce alcuna raccomandazione di trading.。

Tutti i commenti0RecentePopolare

Temi di tendenza