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Philadelphia Semiconductor Index Rises Over 5%: Micron Technology Up Over 9%, SanDisk Up Over 16%

On July 30, the Philadelphia Semiconductor Index rose over 5%. TSMC rose over 5%, SK Hynix and Micron Technology rose over 9%, Intel rose over 6%, ASML rose over 5%, SanDisk rose over 16%, Western Digital rose over 12%, and Seagate Technology rose over 14%.

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  • Meta's Future Data Center Lease Commitments Surge to $279 Billion, Fully Betting on AI Computing Infrastructure

    On July 29, U.S. tech giant Meta Platforms Inc. (META) disclosed in its latest regulatory filing that to support its rapid expansion in the artificial intelligence (AI) field, the company's future data center lease commitments have surged significantly. As of June 30, Meta's total unfulfilled lease commitments reached $279 billion, a sharp 53% increase from $183 billion in the previous quarter, indicating a marked acceleration in its investment pace in AI infrastructure. Meta noted in the filing that these future expenditures, not yet reflected on the balance sheet, primarily involve the construction and operation of data centers, hosting facilities, and specific network infrastructure. In July alone, Meta added as much as $68 billion in new lease commitments, with these contracts expected to begin execution in 2027 and 2028. Behind this massive lease commitment is Meta's 'arms race' to seize the AI track. With the explosive growth in computing power demand for AI model training and inference, global tech giants are locking in data center resources at an unprecedented scale. Data shows that leading companies including Meta, Microsoft, Amazon, and Oracle now have a combined total of over $850 billion in future data center lease commitments to fulfill.

  • Largest On-Chain CXMT Short Seller Adds to Position, Reaching $22.26 Million

    On July 30, according to EmberCN monitoring, as the storage sector surged in a counterattack tonight, the largest on-chain short seller of CXMT (ChangXin Memory Technologies) continued to add to its short position. It opened a short position the day before CXMT's IPO and has been adding to it multiple times. Currently, it holds short positions worth $22.26 million in CXMT, with an unrealized loss of up to $4.06 million.

  • NYSE Parent Intercontinental Exchange Agrees to Acquire MarketAxess for About $6 Billion

    On July 30, the parent company of the New York Stock Exchange, Intercontinental Exchange, agreed to acquire MarketAxess Holdings Inc. for about $6 billion in cash, bringing one of the world's largest fixed-income trading platforms under its trading platform system. According to a statement released on Thursday, Intercontinental Exchange will acquire all outstanding shares of MarketAxess at $167 per share, a 33% premium over the latter's closing price on Wednesday. Intercontinental Exchange shares rose 0.8% to $155.46; MarketAxess shares surged 30% to $163.24, marking the biggest intraday gain since 2008.

  • Philadelphia Semiconductor Index Surges 9%, with at Least 9 Stocks Gaining Over 10%

    On July 30, the U.S. semiconductor sector saw further expansion, with the Philadelphia Semiconductor Index rising 9.01%. NVIDIA rose 3.76%, TSMC rose 8.36%, Broadcom rose 4.62%, SK Hynix rose 16.80%, Micron Technology rose 16.56%, Advanced Micro Devices rose 15.79%, Intel rose 14.47%, ASML rose 7.98%, Lam Research rose 23.42%, Arm Holdings rose 7.61%, SanDisk rose 24.06%, Marvell Technology rose 12.69%, Western Digital rose 18.15%, and Seagate Technology rose 16.06%. Qualcomm fell 2.92% due to weak earnings.

  • Unitree Technology Employee Asset Management Plans to Participate in IPO Strategic Placement, Wang Xingxing Subscribes 15 Million Yuan

    On July 30, Unitree Technology disclosed in its prospectus for the initial public offering of shares and listing on the STAR Market that the company's senior management and core employees intend to participate in the strategic placement of this issuance through asset management plans, namely Unitree Technology Employee No.1 Asset Management Plan and Unitree Technology Employee No.2 Asset Management Plan. The number of shares to be subscribed in the strategic placement shall not exceed 10% of the total issuance size, i.e., 4,044,643 shares. Meanwhile, the total subscription amount shall not exceed 271.5 million yuan, with the final number of shares for the strategic placement to be determined after the issuance price is set. Specifically, all funds raised by Unitree Technology Employee No.1 Asset Management Plan will be used for this strategic placement, i.e., the payment for the strategic placement amounts to 218.5 million yuan. All funds raised by Unitree Technology Employee No.2 Asset Management Plan will also be used for this strategic placement, i.e., the payment amounts to 53 million yuan. The list shows that the participants in Unitree Technology Employee No.1 Asset Management Plan include 161 individuals, such as Financial Director Wang Feng, while the participants in Unitree Technology Employee No.2 Asset Management Plan include 10 individuals, such as Chairman Wang Xingxing, with Wang Xingxing subscribing for 15 million yuan.

  • Bitcoin Breaks Above $65,000, Crypto Mining Stocks Rally, IREN Up Over 24%

    On July 30, Bitcoin broke above $65,000 per coin, driving a rally in crypto mining stocks. Cipher Digital and IREN surged over 24%, Core Scientific rose over 21%, Riot Platforms, CleanSpark, and Applied Digital gained over 19%, Hut 8 climbed over 17%, and MARA Holdings and TeraWulf rose over 16%. Morgan Stanley recently began covering several Bitcoin miners that have pivoted to become AI infrastructure providers, noting that companies with large grid-connected power assets will be well-positioned to capitalize on the surging demand for AI data centers. Morgan Stanley named Hut 8 as its top pick with a price target of $263, and set a $36 target for Riot Platforms, both rated 'Overweight.' Applied Digital received a 'Neutral' rating with a target of $36.50.

  • USD/JPY Poised for Largest Single-Day Drop Since December 2022

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  • UNI Breaks Above $4.3, 24-Hour Gain Exceeds 6%

    Market data shows UNI has broken above $4.3, currently trading at $4.27, with a 24-hour gain of 6.11%. The market is highly volatile; please exercise risk control. Previously, it was reported that after the Robinhood Chain fee switch was activated, over 140,000 UNI tokens have been repurchased.

  • Dollar Index Drops Below 100 Points

    On July 30, the U.S. dollar index fell 0.85% to 99.973 points.

  • Qualcomm Falls Over 6% as Q3 Net Profit Drops 25% YoY, Mobile Chip Business Under Pressure

    On July 30, Qualcomm (QCOM.US) fell over 6% intraday, hitting a low of $146. According to reports, the company's third fiscal quarter revenue decreased 4% YoY to $9.95 billion, while net profit plummeted 25% YoY to $2 billion. The core pressure came from memory chip prices surging about 300% YoY, with mobile chip revenue sharply declining 20% to $5.1 billion. Looking ahead to the fourth fiscal quarter, the company expects revenue between $9.7 billion and $10.5 billion, with adjusted earnings per share between $2.05 and $2.25, below analysts' expectations of $2.36 to $2.38.

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