Capital expenditure is not slowing down

The DS division captured 99% of the company's total profit, HBM4 has achieved mass production and took the lead in shipping HBM4E samples, fully reaping the benefits of the AI super cycle.

Searching for AI monetization avenues.

Goldman Sachs, Barclays, and Nomura believe the Federal Reserve is tacitly allowing the bond market to replace official rate hikes. Facing the continued rise in long-term Treasury yields, Waller explicitly stated that while the Fed has done nothing in the past 42 days, the market has done a lot. Waller praised market participants for "learning to play the ball, not the referee," calling it a "welcome development."

JP Morgan: Liquidation Process for Korean Stock Leveraged ETFs Complete, Hedge Funds 90% De-leveraged.

All performance metrics exceeded expectations, with revenue, trading volume, paying users, and assets under custody all hitting new highs.

"We are about to build a magic lamp that can grant any wish. But the concentration of power brought by AI is a terrifying thing."

Beyond the APR improvement, the more critical changes involve a fundamental restructuring of validator architecture, capital efficiency, and staking service models.

Beyond the Balance Sheet: The $2 Trillion Bet Hidden by 7 Tech Giants

$3.5 billion in funding and a $35 billion valuation – that’s the answer from the capital markets.

向AMD出租机房，远比使用 Dorsey 的矿机开采比特币更加赚钱。

Key Data: CXMT Listing Date July 27, 2026 · Raised $8.6 Billion · First-Day Gain 466% · Market Cap $488 Billion · World's Fourth-Largest DRAM Producer · 2025 Global DRAM Market Share 7.67% · Q1 2026 Revenue $7.5 Billion, Up 719% YoY · SanDisk Down 12%, Micron Down 5%, SK Hynix ADR Down 6%

The current technical picture hasn't been cleared yet, and leveraged funds are amplifying the decline. The market fears this could be the beginning of a global repricing of AI assets from high valuations, and vigilance is needed against the correction spreading to other markets.

Can AI Tokens That Peak at Launch Make a Comeback?

The long-term demand logic for chip stocks (AI-driven) remains intact, but medium-to-short-term macro headwinds (geopolitics, oil price volatility, profit-taking) are suppressing valuations.

If the legal logic is fully applied, the impact will extend beyond vaults to all DeFi products that make investment decisions on behalf of users.