ITI Opposes FCC's Inclusion of Optical Modules in Covered List

According to the authoritative U.S. communications media Communications Daily, the Information Technology Industry Council (ITI) formally expressed its opposition to the Federal Communications Commission (FCC) last week, urging the FCC not to include foreign-manufactured optical modules in the restricted list. This represents the latest statement from the U.S. technology industry organization on the matter, further reducing the likelihood of a blanket inclusion of optical modules in the Covered List. In its latest submission to the FCC, ITI explicitly recommended that the Covered List should continue to adopt a 'targeted, risk-based' approach, focusing on entities or products with clear ties to foreign adversaries, rather than broadly covering entire categories of technology from trusted companies. More importantly, ITI specifically stated that optical transceivers should not be included in the Covered List, particularly opposing the inclusion of all foreign-produced optical modules in the restrictions.

Ulanqab Plans 12.5GW, Surpassing OpenAI's Stargate Target

According to Goldman Sachs, Ulanqab, a prefecture-level city in Inner Mongolia, has committed to a total data center capacity of approximately 12.5GW, which exceeds OpenAI's initial target of 10GW for Stargate. However, only about 1.2GW is currently operational. This expansion has primarily occurred in the past year, with over 70% of the capacity commitments made in this timeframe. DeepSeek plans to build approximately 1GW of data centers, while Xiaohongshu is reportedly considering a project of around 600MW. Companies like ByteDance and Alibaba have also entered the market. The area benefits from low land and electricity costs, cold weather, and proximity to Beijing. Dedicated fiber optics have reduced the average latency from Ulanqab to Beijing to under 5 milliseconds.

Ulanqab Plans 12.5GW, Exceeding OpenAI's Stargate Target

According to Goldman Sachs, the city of Ulanqab in Inner Mongolia has a total committed data center capacity of approximately 12.5GW, which surpasses the initial 10GW target set by OpenAI for Stargate. However, only about 1.2GW is currently operational. This expansion has primarily occurred in the past year, with over 70% of the capacity commitments made in that timeframe. DeepSeek plans to build approximately 1GW of data center capacity, while Xiaohongshu is reportedly considering a project of around 600MW. Companies such as ByteDance and Alibaba have also entered the market. The area benefits from low land and electricity costs, cold weather, and proximity to Beijing. Dedicated fiber optics have reduced the average latency from Ulanqab to Beijing to under 5 milliseconds.

Saudi Reconnaissance Drone Shot Down in Yemen's Hajjah Province

According to the Iranian Tasnim News Agency, a Yemeni military source stated that the Yemeni armed forces shot down a Saudi 'ScanEagle' reconnaissance drone over Hajjah Province while it was attempting to enter Yemeni airspace. The source informed the Yemeni official news agency that the drone was hit and downed using 'appropriate weapons'.

Iranian Parliament Speaker Mocks: U.S. Economic Pressure on Iran Will Backfire

Iranian Parliament Speaker Mohammad Baqer Qalibaf shared an image on social media platform X, outlining the economic pressures against Iran and the impact of changes in the energy market on the U.S. economy. Referring to recent measures taken by Trump to control U.S. commodity prices, he wrote: 'Importing frozen meat to control meat prices? Well, maybe effective. But what is the U.S. plan for national debt? Want to import “frozen yields”? For the housing market, are you going to introduce “frozen buyers”? To address wage issues, are you going to issue “frozen payrolls”? A rigid and uninnovative foreign policy will lead to a frozen and stagnant economy. What is the only thing still functioning? It is the boomerang of imposing “devastating economic pressure” on Iran, which will ultimately come back to the U.S. itself.' (Jinshi)

US Military Casualties in Iran War Rise to 774

According to the Washington Post, the casualty statistics system of the U.S. Department of Defense shows that the number of U.S. military casualties in the Iran war has risen to 774, including 18 deaths and 756 injuries. Even during periods without large-scale combat, the Department of Defense has quietly added about 60 new injury records recently. A significant number of the injured were affected by traumatic brain injuries caused by explosions when U.S. bases in Jordan, Kuwait, Iraq, and Saudi Arabia were attacked.

US Military Casualties in Iran War Rise to 774

According to the Washington Post, the casualty statistics system of the U.S. Department of Defense shows that U.S. military casualties in the Iran war have risen to 774, including 18 deaths and 756 injuries. Even during periods without large-scale combat, the Department of Defense has quietly added about 60 new injury records recently. A significant number of the injured were affected by traumatic brain injuries caused by explosions during attacks on U.S. bases located in Jordan, Kuwait, Iraq, and Saudi Arabia.

Fed's Kashkari: U.S. Treasury Market is Operating Normally

On August 23, Federal Reserve's Kashkari downplayed market concerns over rising U.S. Treasury yields, stating that the market is functioning well and that the recent surge is unlikely to impact discussions on monetary policy. Kashkari said on Sunday, "All signs indicate that the U.S. Treasury market is operating normally, trading is proceeding smoothly, and market liquidity is ample, so we can use the federal funds rate as the primary tool to reduce inflation." Last week, yields on U.S. Treasuries across various maturities rose, with the benchmark 10-year Treasury yield closing around 4.73%. The 30-year Treasury yield remained near its highest level since 2007. Kashkari noted that while current Treasury yields are relatively high compared to recent historical levels, they are much lower than those in the 1990s. "We need more data, but I don't want to prejudge the outcome of the next meeting," he said, "However, I do not currently believe that inflation will fall back to target levels in the short term." (Jin Shi)

Fed's Kashkari: U.S. Treasury Market Operating Normally

On August 23, Federal Reserve's Kashkari downplayed market concerns regarding rising U.S. Treasury yields, stating that the market is functioning well and that the recent surge is unlikely to affect discussions on monetary policy. Kashkari said on Sunday, "All signs indicate that the U.S. Treasury market is operating normally, trading is proceeding smoothly, and market liquidity is sufficient, allowing us to use the federal funds rate as the primary tool for reducing inflation." Last week, yields on U.S. Treasuries across various maturities rose, with the benchmark 10-year Treasury yield closing at around 4.73%. The 30-year Treasury yield remained near its highest level since 2007. Kashkari noted that while current Treasury yields are relatively high compared to recent historical levels, they are much lower than those in the 1990s. "We need more data, but I don't want to prejudge the outcome of the next meeting," he said. "However, I do not currently believe inflation will fall back to target levels in the short term." (Jin Shi)

Iranian Parliament Approves Service Fees for Vessels Passing Through the Strait of Hormuz

On August 24, the Iranian Mehr News Agency reported that Hassan Kashkavi, spokesman for the National Security and Foreign Policy Committee of the Iranian Parliament, announced on Sunday that the committee has approved Article 3 of the 'Strategic Action Plan for Ensuring the Security and Development of the Strait of Hormuz.' He stated, 'According to this provision, we will charge fees for maritime services, environmental services, fuel supply in special circumstances, insurance, security, and other services provided.' These fees will be charged to vessels from relevant countries authorized to pass through the Strait of Hormuz, payable in rials or other currencies designated by the Islamic Republic of Iran. He emphasized the importance of respecting the rights of coastal countries of the Strait of Hormuz and stated, 'We must not forget that international laws and regulations not only recognize freedom of navigation but also emphasize the respect for the security and sovereignty of coastal states and prevent violations of these rights.' (Jinshi)

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ITI Opposes FCC's Inclusion of Optical Modules in Covered List

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