chip

SanDisk (SNDK) and Micron Technology (MU) stock prices have rebounded, and the market attention on related assets continues to rise. According to Gate market data, SanDisk (SNDK) is currently priced at $1,390.52, with a 24-hour increase of 2.52%; Micron Technology (MU) is currently priced at $866.18, with a 24-hour increase of 2.00%. Along with the fluctuations in the sector, trading of related derivatives for the two major assets remains active. According to Coinglass data, the 24-hour trading volume for Gate SNDK contracts reached $163 million, with an open interest of $32.33 million; the 24-hour trading volume for Gate MU contracts reached $37.59 million, with an open interest of $18.08 million, making the trading activity among the highest in the network.

According to sources cited by the Financial Times, Chinese regulators are considering tightening export controls on AI and semiconductor technology. The Ministry of Commerce has discussed with AI companies such as Alibaba, ByteDance, and Zhipu about restricting the transfer of key data used for model training overseas, as well as limiting foreign users from downloading model weights. However, China will still allow overseas customers to access these models and services. The Ministry of Commerce is also soliciting opinions from various parties on potential restrictive measures, which would prohibit overseas chip manufacturers like Qualcomm and TSMC from producing advanced semiconductors based on designs developed by companies such as Huawei, Alibaba, and ByteDance.Sources indicate that most proposals are still under discussion, and regulators are assessing industry feedback before making a final decision.

According to Gate market data, U.S. stocks opened with the Dow Jones Industrial Average rising 0.27%, the S&P 500 index rising 0.54%, and the Nasdaq Composite index rising 0.8%. Google (GOOG.O) rose 2%, with media reports stating that it is developing new chips to enhance AI model efficiency.The storage sector saw widespread gains, with SK Hynix (SKHY.O), Micron Technology (MU.O), and SanDisk (SNDK.O) all rising 4%, while Western Digital (WDC.O) and Seagate Technology (STX.O) rose about 3%.

According to Gate market data, U.S. stocks closed lower on Friday, with the Dow Jones Industrial Average initially down 0.77%, the S&P 500 index down 1.07%, and the Nasdaq down 1.4%. Chip stocks were mixed, with Western Digital up 2.23%, SK Hynix ADR up 1.13%, NVIDIA down 2.21%, Meta Platforms down 2.79%, and SpaceX down 5.43%. Apple closed up 0.14%, briefly surpassing NVIDIA in market capitalization during the session. The Nasdaq Golden Dragon China Index fell 1.82%, with Alibaba down 2%.

According to official news, Gate ETF will launch TSM3L/USDT, TSM3S/USDT, EWY3L/USDT, EWY3S/USDT, DRAM3L/USDT, and DRAM3S/USDT on July 17 at 15:00 (UTC

The domestic DRAM storage chip leader Changxin Technology (688825) has officially opened for new stock subscription. Due to the large issuance scale, this new stock offering has rarely seen a "sunshine market" trend. Institutions predict that the online winning rate will soar to 0.3% to 0.7% (with a neutral expectation of about 0.45%), reaching 10 to 20 times that of ordinary Sci-Tech Innovation Board new stocks. Calculations show that the probability of winning for a single account with an average market value of 200,000 in the Shanghai market is as high as about 18%, and theoretically, an average market value of 1 million can reliably secure 1 winning ticket.The issuance price of the stock is 8.66 yuan per share, and to secure one winning ticket (500 shares), a payment of 4,330 yuan is required. The official winning rate and results will be disclosed on July 17 and July 20 (Monday) respectively, and winners must ensure sufficient funds in their accounts by 16:00 on the 20th. Various institutions have given a neutral expectation, as Changxin Technology's market value is expected to reach 2 trillion to 3 trillion yuan after listing, with the profit margin for a single winning ticket expected to be around 20,000 yuan.If Changxin Technology fully exercises the green shoe mechanism, the total fundraising amount will reach 66.607 billion yuan, setting a new record for the largest IPO on the Sci-Tech Innovation Board, and it will also become the third largest IPO in A-share history. Financial data shows that the company has fully turned a profit, with expected operating revenue in the first half of 2026 reaching 110 billion to 120 billion yuan, and net profit attributable to the parent company reaching 50 billion to 57 billion yuan. The total amount of this strategic placement exceeds 14.4 billion yuan, successfully attracting social security funds, pension funds, as well as 30 major industry terminal giants such as Alibaba Cloud, Tencent, Meituan, and Xiaomi.

According to official social media news, Huobi HTX will hold a live broadcast today at 20:30 on the theme "The First Major Test of AI Chip Faith: SK Hynix ADR Three-Day Tour, From a Surge of 13% to a Circuit Breaker in Korean Stocks."At that time, crypto KOLs such as MEJ, 77, the Sincere Little Taoist, and Qiwen will be invited to attend, discussing the severe fluctuations in the stock price of SK Hynix ADR after its listing, whether the high valuation logic of the AI chip sector will face its first pressure test, and exploring future investment opportunities in the AI computing power industry chain. They will also analyze the next stage of trading themes in the AI narrative in conjunction with global tech stock trends and the rotation of funds in the crypto market for investors.

According to a report by Reuters on July 13, the South Korean government announced plans to draft a budget expenditure for the fiscal year 2027, which will reach a historic high of over 800 trillion won (approximately 530.97 billion USD). The expansion of this budget scale is mainly attributed to strong tax revenue growth brought about by the prosperity of the AI chip industry.The South Korean government stated that the funding for the budget will rely on increased tax revenue and the restructuring of existing expenditure items amounting to about 50 trillion won. In terms of fund allocation, the three major "giant projects"—chips, AI data centers, and physical AI—will receive the highest financial priority.In addition, South Korean President Lee Jae-myung emphasized that this is a critical period for determining global AI dominance. To this end, South Korea plans to establish a "Future Response Fund" as a strategic investment platform, which will specifically invest excess tax revenue in four key areas: youth, growth engines, regional development, and talent cultivation, to ensure that corporate investments proceed as planned.

A report released by the Bank of Korea on July 13 pointed out that the global semiconductor market is still in a state of supply shortage, and the chip supercycle driven by artificial intelligence (AI) is expected to last for a long time, which refutes market concerns that the chip cycle has peaked.The central bank's analysis states that the current chip cycle is different from previous ones, primarily driven by competitive investments made by companies to respond to the fundamental changes in the industrial ecosystem brought about by AI. At the same time, due to the current market being dominated by customized products such as high bandwidth memory (HBM), the pace of supply expansion is more constrained than in the past.Recently, concerns over excessive investment in AI infrastructure and potential oversupply of memory chips have triggered a sell-off in tech stocks, with significant declines in the stock prices of South Korean chip giants such as Samsung Electronics and SK Hynix. In response, the Bank of Korea stated that although there remains uncertainty regarding the speed of AI technology adoption and profit prospects, major investment banks such as JPMorgan, Goldman Sachs, and Morgan Stanley generally predict that the global semiconductor market will maintain strong momentum at least through next year.

According to Bitcoin News, a Bitaxe ASIC miner equipped with a single chip mined Bitcoin block number 957,382, earning the full block reward of 3.1382 Bitcoins, valued at approximately $200,580. This miner has a hash rate of about 1 TH/s and is the only device at that address.Since mining was done through a public mining pool (with a fee of 0%), the miner's owner retained 100% of the block reward and transaction fees. The mining difficulty of this block reached 294.14T, which is more than 2.2 times the required difficulty of 133.87T. With a hash rate of 1 TH/s, the average probability of mining a block is about once every 16,000 years, making this an extremely rare event.

Analyst jukan from Citrini posted on platform X that, according to WSJ, Apple has obtained a semiconductor tariff exemption after committing to use Intel's foundries. Apple will not only produce Mac chips at Intel but will also produce iPhone chips.

According to Gate market data, U.S. stocks closed on Thursday with the Dow Jones Industrial Average initially rising by 0.26%, the S&P 500 index up by 0.8%, and the Nasdaq Composite index up by 1.3%. Micron Technology rose by 4.5%, SanDisk rose by 7.5%, and Western Digital rose by 5%. Meta Platforms rose by 4.7%. The Nasdaq China Golden Dragon Index rose by 0.56%, iQIYI rose by 8.5%, and Alibaba rose by 2%.

According to Cryptobriefing, AI chip startup Positron is negotiating a two-round financing of approximately $750 million. The first round is expected to be valued at $3.5 billion, while the second round is valued at around $5 billion.Founded in 2023 and headquartered in Reno, Nevada, the company has raised approximately $309 million in total funding, with a valuation exceeding $1 billion after completing a $230 million Series B financing in February 2026. Investors include the Qatar Investment Authority and Arm Holdings. Positron emphasizes energy efficiency advantages, and its Atlas inference system has already been shipped to customers, with Cloudflare being one of its buyers. The company claims that its hardware outperforms Nvidia products by more than 3.5 times in terms of performance per watt under certain AI inference loads. The next-generation chip, Asimov, is planned to finalize its design by the end of 2026 and enter mass production in early 2027.

According to CNBC, Apple announced on Wednesday that it will reach a multi-year partnership agreement with chip manufacturer Broadcom, expected to total over $30 billion. This is Apple's largest commitment to domestic manufacturing in the United States to date. Under the agreement, Broadcom will develop and supply customized ASIC chips (increasingly used for AI workloads) for multiple generations of Apple products and wireless components for cellular networks, Wi-Fi, and Bluetooth connectivity until 2031.The report noted that this collaboration is expected to facilitate the production of over 15 billion chips manufactured in the United States and includes a $1.5 billion investment to expand Broadcom's factory in Fort Collins, Colorado. Outgoing Apple CEO Tim Cook stated that this move is the largest single project in Apple's $600 billion investment plan announced in 2025, aimed at responding to the Trump administration's call to promote domestic manufacturing and help establish an end-to-end silicon supply chain in the United States.

According to a report by The Information, multiple informed sources revealed that China's leading AI company Zhiyu is considering designing its own AI chips. It is reported that as the demand for its GLM series large models has rapidly surged, coupled with increasing constraints on computing resources, Zhiyu has recently had preliminary contacts with several domestic chip design companies to explore the possibility of collaborating on the development of custom AI processors.The report pointed out that for large AI model developers, the layout of self-developed chips aims to achieve software and hardware collaborative optimization, improve computing power utilization efficiency, and reduce dependence on external GPU suppliers. In addition to Zhiyu, another domestic large model company, DeepSeek, has also been reported to be simultaneously advancing its self-developed chip project focused on inference scenarios. Globally, top AI developers such as OpenAI (which has announced its self-developed chip Jalapeño) and Anthropic are actively laying out custom chips, and the AI industry is accelerating towards a dual-line layout phase of "model + chip" software and hardware integration.