On July 3, Bank of America reported that investors are exiting the U.S. stock market at the fastest pace since March. For the week ending July 1, U.S. stock funds experienced a net outflow of $17.2 billion, marking the first net outflow of funds in three months.
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Bank of America: Investors are exiting the U.S. stock market at the fastest pace since March
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Samsung Invests 60 Trillion Won in Physical AI Industry Cluster
On July 3, Samsung announced an investment of approximately 60 trillion won in the Yeongnam region of South Korea to establish production centers for humanoid robots, solid-state batteries, AI server packaging substrates, and high-value-added ships. This initiative aims to integrate artificial intelligence transformation (AX) and robotics with existing manufacturing, positioning the Yeongnam region as a global leader in physical AI innovation clusters. Samsung Electronics President and DX (Device Solutions) Head, Roh Tae-moon, attended a national briefing on the vision for advanced industry development in Yeongnam held at Gyeongsang National University in Jinju, South Gyeongsang Province. He stated, 'We will create 200,000 high-quality jobs in the Yeongnam region by concentrating investments in humanoid robots, AI data centers, and advanced manufacturing.' Following Roh's speech, Samsung released a press statement detailing the group-level investment plan centered around Gimhae, Ulsan, Busan, and Geoje. -
Kioxia and SanDisk Begin Production of 10th Generation 3D Flash Memory at Fab2
On July 3, according to market news, Kioxia and SanDisk have started production of their 10th generation 3D flash memory products at the Fab2 facility in North China. -
Deutsche Bank: Meta's Cloud Business Could Open a $100 Billion AI Monetization Channel
On July 3, in response to news that Meta plans to sell AI computing power and model access to external clients, Deutsche Bank believes this does not indicate a weakening of Meta's frontier models or 'superintelligence' strategy. Instead, it is more likely that Meta is monetizing older, non-core, or temporarily idle computing power while retaining the latest generation chips for internal training. This move is expected to shift market concerns about Meta's 'high capital expenditures and limited revenue returns' towards a reassessment of its new high-profit revenue options. According to Deutsche Bank's estimates, by the end of 2027, Meta's AI-related computing power could reach between 8 to 11.5 GW, with approximately 1.2 to 2.7 GW available for external sale. Assuming 75% of this capacity is sold, with annual revenue of $10 billion to $15 billion per GW, Meta could generate an additional revenue of $9 billion to $30 billion by 2027, which is 3% to 10% higher than market expectations, with a baseline scenario of about $17.5 billion. -
JPMorgan: Demand for AI Infrastructure Supported by Rising Usage of Large Models and GPU Rental Prices
On July 3, JPMorgan's latest 'Data Center Observations' report indicated that in June, the usage of large models, API spending, and GPU rental prices from non-cloud vendors all strengthened simultaneously, suggesting that the demand for AI infrastructure continues to expand. Although the price of model tokens has continued to decline year-on-year, the growth in usage has clearly offset the impact of price reductions, leading to an overall improvement in the unit economics for model providers. -
Lansus Technology: Plans to Complete Engineering Development of Third-Generation MRCD/MDB Chip This Year
On July 3, Lansus Technology stated during a targeted research session that as the leading developer of the MDB chip international standard, the company is driving innovation in related technologies and maintaining its industry-leading position. In January 2025, we launched the second-generation MRCD/MDB chip, which has seen a significant increase in shipments over the last two quarters. Our products have gained recognition from major global memory module manufacturers due to their excellent performance and outstanding stability, laying the foundation for subsequent industry expansion. Additionally, we plan to complete the engineering development of the third-generation MRCD/MDB chip this year to continuously solidify our technological leadership. -
Bank of America: Japan's Stock Market Sees Largest Inflow in Seven Weeks, Reaching $1.9 Billion
On July 3, Bank of America reported that Japan's stock market recorded its largest inflow in seven weeks, amounting to $1.9 billion. -
Onshore RMB Against USD Closes at 6.7804 on July 3, Up 62 Points
On July 3, the onshore RMB against the USD closed at 6.7804 at 16:30, an increase of 62 points from the previous trading day. -
Anthropic Evaluates Development of Custom Chips Using Samsung's 2nm Process
On July 3, according to the Seoul Economic Daily, the American artificial intelligence (AI) company Anthropic is thoroughly assessing the use of Samsung's 2nm process for developing custom chips (ASICs) through its foundry services. Analysts believe this is part of its strategy to reduce reliance on external chips such as Nvidia GPUs and Google TPUs, aiming for 'AI infrastructure autonomy.' -
AI Voice Unicorn ElevenLabs in Talks for Tender Offer, Valuation May Reach $22 Billion
On July 3, sources revealed that AI voice startup ElevenLabs is in early negotiations with investors to allow employees and early investors to sell shares through a tender offer. This deal is expected to be completed by September 2026, with a valuation potentially reaching around $22 billion. This figure indicates that ElevenLabs' valuation has doubled again in just five months. In February 2026, ElevenLabs was valued at $11 billion following a $500 million funding round led by Sequoia Capital, Andreessen Horowitz, and Iconiq. At the beginning of 2025, the valuation was only $3.3 billion. Founded in 2022, ElevenLabs focuses on developing high-quality, multilingual realistic voice cloning software. As of May 2026, ElevenLabs' annual recurring revenue (ARR) has surpassed $500 million, and it has established commercial partnerships with global companies such as Deutsche Telekom, Boston Consulting Group, and Revolut. Despite facing fierce competition from giants like OpenAI and Google, investors continue to show strong interest in this type of vertical voice AI focused on specific areas. ElevenLabs declined to comment on the rumors. -
Meta Reportedly Considering Samsung for Custom AI Chip Production Worth 100 Trillion Won
On July 3, it was reported that Meta is considering commissioning Samsung to produce custom AI chips valued at 100 trillion won (approximately 6.535 billion USD).
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