chips

Tesla stated that TeraFab will be built in Grimes County, Texas, and the number of chips required by Tesla and SpaceX will far exceed the current and future global production capacity.

U.S. Senator Elizabeth Warren has requested the U.S. Department of Commerce to explain its policy towards the UAE, which involves granting the UAE-related entities more access to AI chip exports after the UAE invested in the Trump family-supported cryptocurrency project World Liberty Financial.In a letter to Commerce Secretary Howard Lutnick, it was mentioned that an entity in Abu Dhabi invested $500 million in World Liberty Financial in January; another UAE-related company used World Liberty's USD 1 stablecoin to complete a $2 billion investment in the cryptocurrency exchange Binance. The U.S. Department of Commerce previously reclassified the UAE to Country Group A:5, allowing it to receive more license-free exports, including advanced chips. The department also stated that it would "actively review" license applications for exporting chips and servers to the UAE entity MGX involved in the $2 billion investment in Binance.Warren stated that the actions of the Department of Commerce raise significant questions about how the President's cryptocurrency business interests may affect institutional operations and national security. In June, several senators, including Warren, requested a hearing on the $500 million transaction involving World Liberty Financial.

According to Jinshi reports, German chip manufacturer Infineon expects fourth-quarter revenue for the period ending in September to reach approximately 4.7 billion euros (5.4 billion dollars), exceeding analysts' average expectations of 4.6 billion euros. This growth is mainly attributed to the increased demand for data center chips and rising prices.Infineon CEO Jochen Hanebeck stated that the demand for power solutions aimed at artificial intelligence data centers remains strong, becoming an important growth driver for the company.

According to Bloomberg, Blackstone Inc. is in preliminary discussions with investors to assess the feasibility of raising a second large-scale debt financing for Anthropic to support its plan to procure Google AI chips. Sources revealed that a preliminary proposal put forward by Blackstone had a scale of at least $36 billion.The scale, structure of the financing, and whether Blackstone will ultimately lead the deal are still under discussion, and relevant details may change. This financing plan reflects that AI companies are acquiring computing resources through large-scale capital operations. As the demand for training and inference of large models continues to grow, AI companies are seeking new financing methods to support the construction of expensive computing infrastructure.

Analyst Murphy stated that there have been consecutive transfers of over 65,000 BTC in a single day in the past two days (excluding internal transfers within the same entity), leading to a significant decrease in the net holdings of long-term holders (LTH). He pointed out that LTH net holdings have changed the previously continuous upward trend since May, remaining stagnant until July, which is a rare phenomenon in the past year.Murphy mentioned that nearly 14,000 BTC were transferred to exchanges, for example, a publicly listed company under Trump transferred 2,628 BTC to the Crypto.com exchange, which is part of this. The remaining destinations and purposes of the LTH net reduction are still unknown.He also listed current macro-level risk points that may impact BTC, including the Federal Reserve's recent interest rate cut with a 9 to 3 split vote, conflicts in the Middle East and oil prices, the highly concentrated valuation of the AI sector in the US stock market relying on debt and private credit financing, and the yen carry trade positions accumulating again to a nearly historically extreme net short state, while also noting that the sensitivity of the current BTC chip structure may amplify the above risks.

On-chain analyst Murphy pointed out that Bitcoin has accumulated up to 890,000 BTC at the single price level of $63,000, showing an extreme distribution. Excluding the 550,000 BTC locked by Coinbase in the $83,000 to $84,000 range, the accumulation at this price level may have exceeded 1 million BTC, accounting for about 5% of the total circulation. Historically, exceeding this scale has generally triggered significant volatility.Currently, the combined total of the two price levels, $62,000 and $63,000, accounts for about 8% of the circulation, and the concentration of chips within a 5% range of the spot price has simultaneously risen to 13%. Although it has not yet reached the historical high probability trigger line of 15%, it has surpassed the level that caused severe volatility in May, officially entering the alert zone.Analysts emphasize that a high concentration of chips means a sharp increase in price sensitivity. When overly concentrated chips are gathered in a narrow range, even a slight change in price may exacerbate the turnover of sensitive chips, leading to violent redistribution either upwards or downwards.The massive short-term chips accumulated near $63,000 are forming a potential trigger for volatility, and any external event could become the detonator. The market may have entered a tense state where a significant directional choice could occur at any moment.

Crypto analyst Murphy stated that the Bitcoin URPD (UTXO Realized Price Distribution) data shows that there are 890,000 coins concentrated at the $63,000 level and 710,000 coins at the $62,000 level, together accounting for about 8% of the circulating supply, which is significantly higher than usual.Murphy believes that this data is similar to the concentration seen just before the FTX incident in 2022. The high concentration increases Bitcoin's price sensitivity, making it prone to sharp fluctuations, ultimately leading to violent redistribution, which could be an important directional choice at the end of a bear market.In response, Jiang Zhuoer commented that if the CLARITY Act cannot be passed before Congress goes into recess, Bitcoin may complete its final drop to the bear market bottom.

According to Gate market data, U.S. stocks closed higher on Thursday, with the Dow Jones Industrial Average initially up 1.19%, the S&P 500 index up 1.67%, and the Nasdaq up 2.78%. Micron Technology rose 18%, SanDisk rose 26%, SK Hynix rose 17%, and Nvidia rose over 2%.The Nasdaq Golden Dragon China Index rose 1.05%, and iQIYI rose 4%.

According to Jinshi, citing a report from the Korean News Agency, SK Group will supply chips worth $750 billion to American technology companies, including Nvidia.

According to The Wall Street Journal, AMD (AMD.O) has signed a significant chip and investment agreement with Anthropic. AMD will invest $5 billion in Anthropic as part of the chip deal.Anthropic will begin purchasing up to 2 gigawatts of AMD (AMD.O) latest generation chips in the first half of 2027.

According to BeInCrypto, Tom Lee, co-founder of Fundstrat and chairman of Bitmine, stated that AI funds are rotating from the storage chip sector to Ethereum. He cited data showing that the relative performance of Ethereum compared to the Roundhill Memory ETF (DRAM) has widened to 72 percentage points since June 25—Ethereum has risen 24%, while the DRAM ETF has fallen 38%.The DRAM ETF was launched in April this year and is the first fund to invest solely in storage chip manufacturers, with SK Hynix and Samsung accounting for about 41% of its weight. The fund raised $6.5 billion in 27 trading days, setting a record for the fastest ETF issuance. Lee pointed out that BlackRock's tokenized BUIDL fund and applications like Robinhood Chain are all built on Ethereum, which forms the institutional bullish logic for Ethereum.

According to a report by Nikkei Asia citing multiple informed sources, TSMC (TSM.N) plans to raise the foundry prices for advanced and mature process chips by up to 10% in 2027, in response to rising costs of materials, manufacturing equipment, and the construction of new overseas plants. TSMC has begun discussions with customers regarding the price increase, which involves 7-nanometer and more advanced processes. This segment contributed approximately 77% of TSMC's revenue in the quarter from April to June this year.Informed sources indicated that the basic price increase will range from 5% to 10%, depending on the customer and product. For new orders of high-performance computing (HPC) chips that exceed the customer's original forecast, TSMC plans to impose an additional premium of 10% to 15% on top of the basic price increase. As a result, the overall price increase for some advanced process chip orders may exceed 10%. In terms of mature processes (including 12-nanometer, 16-nanometer, 28-nanometer processes, and other traditional technologies), TSMC plans to raise prices by up to 10%, but some products will see increases below this level. The mature process business accounted for about 23% of the company's revenue in the last quarter. Informed sources stated that relevant negotiations began around June and were finalized in July, with the new prices set to take effect in early 2027.

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 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.