News linked to both this project and an event.
Odaily News: SK Hynix's stock price has recently seen a pullback. On August 3, the stock fell 8.79%. Although it rebounded slightly by 0.64% and 5.77% on August 4 and 5 respectively, it plunged another 10.37% on August 6, closing at 1.495 million KRW; on August 7, it dropped a further 4.88%, closing at 1.422 million KRW.Against the backdrop of heightened market volatility, SK Group released an advertisement quoting founder Choi Jong-gun’s famous saying: "Despair and hope are two sides of the same coin; you can turn despair into hope as easily as flipping your palm," and adapted it to: "Unease and anticipation in the AI era are also two sides of the same coin; you can turn unease into anticipation," thereby conveying confidence in the long-term development of the AI industry.Securities institutions believe that short-term stock price fluctuations have not changed SK Hynix's fundamentals, and the market should focus on its HBM4 technology leadership and the earnings stability brought by long-term supply agreements (LTAs). Specifically:1. Hyundai Motor Securities expects SK Hynix's DRAM and NAND bit growth to reach 9.7% and 1.5% respectively in the third quarter. As HBM4 sales contributions expand, even with a higher proportion of LTAs, DRAM average selling prices (ASP) are still expected to rise 19.9% quarter-over-quarter. Companies such as OpenAI and Anthropic are advancing plans to build their own hyperscale AI data centers and intend to raise funds for related construction through IPOs. Even if some large tech companies adjust capital expenditures (Capex) in the future, this could be offset by demand from other AI infrastructure. Additionally, regarding competitive concerns over China's CXMT, given the U.S. continued tightening of semiconductor equipment export restrictions, as well as Micron's expansion of domestic U.S. investment, the likelihood of major companies like Apple adopting Chinese memory chips is relatively low.2. SK Securities is also bullish on SK Hynix's competitive advantages, believing that with its leading position in HBM, partnerships with major North American GPU companies, and AI-driven LTA demand, SK Hynix's market position remains solid. Currently, the HBM supply-demand fulfillment rate is below 70%, and the core value of LTAs lies in ensuring profit sustainability and earnings stability through a "mutual binding structure" between customers and suppliers. With value-reassessment initiatives such as an ADR listing progressing, along with dividend income from the sale of SPC assets related to Kioxia, the company's goal of achieving net cash of 100 trillion KRW may be reached earlier than expected. As shareholder return policies gradually become clearer, this will help the market re-evaluate the value of the LTA model and drive a further re-rating of SK Hynix. (Daum)
According to Korean media NATE, driven by the AI investment boom, SK Hynix's stock price has recently experienced severe volatility. Against the backdrop of intensifying market volatility, SK Group released an advertisement quoting the famous words of founder Choi Jong-geon (최종건): "Despair and hope are two sides of the same coin; despair can be turned into hope like flipping a hand," and rewrote it as "Anxiety and expectation in the AI era are also two sides of the same coin; anxiety can be turned into expectation," thereby conveying confidence in the long-term development of the AI industry. Securities firms believe that short-term stock price volatility has not changed SK Hynix's fundamentals, and the market should focus on its HBM4 technology leadership advantage and the performance stability brought by Long-Term Agreements (LTA). Hyundai Motor Securities analyst Noh Geun-chang (노근창) stated that SK Hynix's DRAM and NAND bit growth rates for the third quarter are expected to reach 9.7% and 1.5% respectively; with the expansion of HBM4 sales contribution, even if the proportion of Long-Term Agreements increases, DRAM Average Selling Price (ASP) is still expected to rise 19.9% quarter-over-quarter. Regarding competition concerns brought by China's ChangXin Memory Technologies (CXMT), Noh Geun-chang believes that considering the US continues to strengthen semiconductor equipment export restrictions and Micron is expanding domestic investment in the US, the possibility of major companies like Apple adopting Chinese memory chips is relatively low.
Odaily News — According to official sources, OKX.AI has announced that registration for its inaugural trading hackathon is now open. Following the previous Genesis hackathon for Agent Service Providers (ASP), this hackathon focuses on AI Agent live trading capabilities. Participants are required to deploy their trading strategies as Trading ASPs and conduct live trading with no less than 300 USDT in equivalent funds. Rankings will be updated in real time based on yield (PnL %). The total prize pool is $20,000, with the champion receiving a $5,000 reward.It is reported that OKX.AI is an economic system built specifically for Agents, where users and Agents can discover and utilize professional services provided by ASPs. This event supports two development frameworks: Onchain OS and Agent Trade Kit. Registration runs from July 31 to August 11 at 12:00 (UTC+8), and the competition will take place from August 11 to August 25.
: According to official sources, OKX has announced the official launch of the OKX.AI Genesis Hackathon, recruiting the first batch of Agent Service Providers (ASP) from global AI developers. The total prize pool for this hackathon is $100,000, with the highest single prize being 10,000 USDT. From now until 8:00 on July 18 (UTC+8), participants can submit their projects through the OKX.AI official website and post introduction threads on the X platform.It is reported that OKX.AI is an economic system specifically designed for Agents, where users and Agents can discover and utilize professional services provided by ASPs.