News linked to both this project and an event.
Odaily News "White-Haired Stock God" Serenity shared insights on the AI industry chain on the X platform, noting that AI infrastructure demand is driving multiple sectors—including storage, advanced packaging, computing power financing, optical communications, power supply, and electronic components—into a long-term expansion cycle. The AI supply chain remains in a phase of rapid growth.In the storage sector, Serenity cited UBS forecasts indicating that traditional DRAM manufacturers (such as Micron) could see gross margins reach an unprecedented 95% by 2027, potentially even surpassing the gross margin levels of HBM products. Additionally, SanDisk's long-term agreements already cover approximately two-thirds of its 2028 production capacity, with minimum contracted revenue reaching $93 billion. Given its current market cap of around $239 billion, this suggests its future revenue targets could persist for years, making it difficult to simply classify the company as a traditional cyclical stock.On the cloud computing infrastructure front, CoreWeave has signed agreements to use Nvidia A100 GPUs through 2029. This is a positive development for emerging cloud computing companies such as Nebius and Iren, and it also weakens some investors' bearish thesis centered on the rapid depreciation of older GPUs.AI model companies are also continuing to grow at a pace that exceeds expectations. Frontier AI labs are still maintaining extremely rapid growth rates, and a slowdown in growth would actually be a cause for concern. The market projects that Anthropic's 2028 revenue could reach $190 billion to $200 billion.However, advanced packaging and semiconductor infrastructure remain core bottlenecks. The head of advanced packaging at TSMC has stated that in the coming years, the industry may face not only memory shortages but also tight supply of ABF substrates.Serenity concluded that the AI infrastructure supply chain is continuously expanding. From GPUs, storage, and advanced packaging to power, optical communications, and electronic components, every segment is showing a long-term demand growth trend. The AI supply chain is still in a high-speed development stage.
According to Bloomberg, the current venture capital market is undergoing significant structural differentiation. As capital concentrates on top artificial intelligence startups, a large number of small and medium-sized venture capital funds are facing severe challenges including fundraising difficulties, declining performance, and narrowing exit channels. The report pointed out that the excessive hype for artificial intelligence has distorted the venture capital market. Data shows that just five companies—OpenAI, Anthropic, xAI, Waymo, and Nscale—accounted for 78% of all venture capital transaction volume in the first quarter of this year. Capital has flowed heavily towards a few top investors who bet early on AI, such as Founders Fund and Andreessen Horowitz, while small emerging fund managers find it difficult to compete with these top institutions. This differentiation is directly reflected in fundraising data. Last year, newly established management companies (managing three or fewer funds) raised only about $62 billion, a significant decrease of about 60% compared to $163.4 billion during the 2022 pandemic peak. Even for experienced management teams, last year's fundraising amount was only $84 billion, only one-third of that in 2022. Many LPs face liquidity pressure and are more inclined to demand returns on existing investments rather than commit new capital.
According to TheStreet, economist Peter Schiff stated that the recent decline in SpaceX (SPCX) stock price could be a warning signal from the market regarding rising risks in high-valuation AI stocks and crypto assets. He believes that SpaceX's correction is not a single-company issue, but may reflect a trend of cooling investor enthusiasm for hot assets.
South Korean memory chip giant SK Hynix is set to list on the Nasdaq this Friday, becoming another highly anticipated large-cap tech company to debut in the US, following SpaceX. It is reported that SK Hynix plans to raise approximately $28 billion through an American Depositary Receipt (ADR) offering. As one of Nvidia's key suppliers, SK Hynix primarily produces High Bandwidth Memory (HBM), DRAM, and NAND flash products, with its business benefiting from the growing storage demand driven by the expansion of AI infrastructure.Market analysts believe that SK Hynix's US listing will serve as a crucial test of investor appetite for the next wave of AI technology IPOs. Over the past 12 months, its shares listed in South Korea have surged approximately 770%, outperforming rival Micron Technology's roughly 700% gain during the same period. SK Hynix's listing reflects the AI industry's investment fever spreading from large-scale models and computing chips to the storage and semiconductor supply chain. The market expects the second half of 2026 could see more waves of major IPOs from AI and tech companies. (Fortune)
according to market sources, data shows that U.S. IPO and stock issuance reached a record high in the first half of 2026, with total financing amounting to $251 billion. SpaceX's record-breaking listing was one of the main drivers. Investment bankers expect a stronger IPO pipeline in the third quarter, with AI-related companies serving as the core driving force. Multiple heavyweight companies, including Anthropic, are still expected to push forward with their listing processes. The market generally believes that AI capital expenditure and the high-valuation environment for tech stocks are jointly supporting the continuation of this IPO boom cycle.