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Surge is a fully autonomous and decentralized lending protocol that aims to disrupt DeFi lending, supporting all non-rebasing ERC20-compliant tokens to be lent and borrowed. That supports Borrow, lend, long or short any token on any chain.
Serenity: The AI Supply Chain Boom Is Far From Over, With Storage, Packaging, and Power Sectors Poised for Long-Term Demand Surge
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.
Goldman Sachs: IPO Surge Hits Record, Danger Signal Hasn't Flashed Yet
According to TechFlow Research, Goldman Sachs' July 20 Top of Mind report pointed out that U.S. IPO proceeds in 2026 have already exceeded $125 billion, breaking the full-year record of 2021, and are expected to exceed $200 billion for the full year. But the number of IPOs is only about 60, far lower than the 400 in 1999 and 250 in 2021 during bubble periods, mainly driven by a few mega-tech companies. Goldman Sachs Chief U.S. Equity Strategist Snider believes late-cycle warning signals have not yet appeared, the household sector has become net buyers, annualized IPO proceeds account for only about 1% of the S&P 500 market cap, and market absorption capacity is underestimated. University of Florida Professor Ritter pointed out that high issuance volume predicts low returns, but the signal accuracy is only slightly higher than random (about 52%). Acadian Fund Manager Lamont warned that the issuance wave is one of the "Four Horsemen" of bubbles, but may mark the beginning rather than the end of a bubble; currently, first-day gains do not show extreme speculation signals. All three experts believe that IPO volume is moderate, valuations have not reached bubble levels, first-day gains are not out of control, and true danger signals have not yet appeared. Snider expects company buybacks in 2026 to be about $1.3 trillion, enough to offset new supply. If the AI narrative or corporate earnings undergo a significant shift, market and IPO prospects will change accordingly.
Goldman Sachs: Expects SpaceX’s AI Revenue to Surge 100-Fold by 2030
Goldman Sachs expects SpaceX’s AI revenue to surge 100-fold by 2030. (Jin10)
Etherealize: Ethereum Could Surge to $250,000, "Productive Money" Narrative Gains Attention
Odaily News According to Etherealize's latest research report, which proposes the "Productive Money" theory, if Ethereum captures the combined monetary premium of approximately $31 trillion currently held by gold and Bitcoin, its implied price could exceed $250,000, far above the current level of around $2,300.The report points out that ETH not only possesses traditional monetary attributes such as scarcity, verifiability, and censorship resistance but can also generate an annualized yield of about 2%–4% through staking, achieving an "interest-bearing" monetary characteristic, thereby distinguishing it from non-productive assets like gold and Bitcoin.Furthermore, within the DeFi system, ETH serves a triple demand source as a "collateral asset + fee-burning mechanism + staking lock-up," forming a mechanism for supply contraction and value accumulation. The report believes that with the development of on-chain finance and asset tokenization, ETH is expected to simultaneously possess the dual attributes of a "store of value + productive asset."However, the report also notes that ETH's path to achieving this valuation still faces multiple uncertainties including regulation, technology, and competition. Its long-term value revaluation depends on the market's recognition of its monetary properties.
AI Hardware Theft Cases Surge and Turn Violent as Criminal Organizations Target Data Center Server Shipments
According to WIRED, California has recently seen a series of violent cargo theft cases targeting AI data center hardware, with criminal organizations employing new adversarial tactics to intercept trucks transporting servers and related equipment. Gerardo Pachuca, a former Los Angeles detective and consultant with 25 years of experience investigating cargo theft, stated that the prevalence of such acts is "unprecedented." Currently, these incidents have put the entire freight industry on high alert. Analysts point out that as demand for AI infrastructure construction surges, high-value server hardware has become a key target for organized crime.
Privacy Coins Face Major Regulatory Test, Huobi HTX to Host Live Stream Focusing on Privacy Coins' Life-or-Death Situation
According to official social media channels, Huobi HTX will host a themed debate competition at 20:00 today titled "Life-or-Death Showdown Between Privacy and Regulation: Will Privacy Coins Ultimately Be Eliminated, or Will They Surge in the Darkest Hour?" During the event, Yige, Goubao, Draco, and Qiangge, as representatives of the affirmative side, will debate against negative side representatives DaDa, ZuoZuoMuXingYe, Huoshange, and FomoDao, engaging in a fierce exchange on hot topics such as the future development of privacy coins, regulatory pressure, technical value, and market demand.
CertiK Report: Wrench Attacks Surge Nearly 12x in Losses, “Operational Security” Becomes New Core of Prevention
Odaily Odaily News, July 22nd - Web3 security firm CertiK released its "H1 2026 Wrench Attack Report." The report indicates that a total of 52 publicly verified wrench attacks were recorded globally in the first half of 2026, a year-over-year increase of 33.3%; related losses amounted to approximately $124 million, an increase of about 11.8 times compared to the same period last year.The report notes that attackers are shifting from exploiting technical vulnerabilities to targeting asset holders and their real-world social networks. Home invasion incidents increased from 1 case in H1 2025 to 20 cases, accounting for 41% of the total incidents in the period. Europe has become a high-incidence area for attacks, with 33 cases occurring in France alone, representing 63.5% of the global total.CertiK stated that as real-world risks become a significant challenge for digital asset security, enterprises and high-net-worth individuals need to establish more comprehensive protection systems. CertiK has launched operational security services to help identify exposure risks related to identity, family, residence, and travel routes. Simultaneously, through the CertiK Security Workspace, it correlates off-chain intelligence, on-chain transactions, and AML risk signals to support institutions in tracking and analyzing cybercrime activities. Furthermore, CertiK is strengthening cooperation with international law enforcement agencies such as Interpol and Europol, providing technical support for cross-border attack investigations and security policy research.
France Sees Surge in Crypto-Related Kidnapping Cases; Pnaco Has Filed Charges Against 88 Individuals
According to Le Monde, France’s National Prosecutor’s Office for Organized Crime (PNACO) revealed that ransom kidnappings linked to cryptocurrencies have surged sharply since 2023—18 cases in 2024, escalating to 67 in 2025, and reaching 47 so far in 2026, totaling 135 cases. Among the 12 ongoing investigations, 88 individuals—including over 10 minors—have been formally charged, and 75 have been placed in provisional detention. Prosecutor Vanessa Pereira noted that investigations have identified multiple suspects repeatedly involved across several cases, revealing the existence of a structured criminal network. Representative cases include: in December 2025, three masked assailants in Charente forced a couple to transfer approximately €8 million worth of cryptocurrency; and in January 2025, David Balland, co-founder of cryptocurrency hardware wallet company Ledger, was kidnapped. PNACO stated it will continue intensifying nationwide criminal enforcement efforts.
Etherealize: Ethereum Could Surge to $250,000, "Productive Money" Narrative Gains Attention
Odaily News According to Etherealize's latest research report, which proposes the "Productive Money" theory, if Ethereum captures the combined monetary premium of approximately $31 trillion currently held by gold and Bitcoin, its implied price could exceed $250,000, far above the current level of around $2,300.The report points out that ETH not only possesses traditional monetary attributes such as scarcity, verifiability, and censorship resistance but can also generate an annualized yield of about 2%–4% through staking, achieving an "interest-bearing" monetary characteristic, thereby distinguishing it from non-productive assets like gold and Bitcoin.Furthermore, within the DeFi system, ETH serves a triple demand source as a "collateral asset + fee-burning mechanism + staking lock-up," forming a mechanism for supply contraction and value accumulation. The report believes that with the development of on-chain finance and asset tokenization, ETH is expected to simultaneously possess the dual attributes of a "store of value + productive asset."However, the report also notes that ETH's path to achieving this valuation still faces multiple uncertainties including regulation, technology, and competition. Its long-term value revaluation depends on the market's recognition of its monetary properties.
CryptoQuant: Surge in Exchange Inflows for BTC and Altcoins May Signal Rising Market Volatility
According to Odaily, CryptoQuant reports that the volume of Bitcoin, Ethereum, and altcoins flowing into exchanges has recently increased significantly. Historically, this pattern often signals that the crypto market is about to enter a phase of higher volatility.Julio Moreno, Head of Research at CryptoQuant, pointed out that on June 30, the number of Bitcoin flowing into exchanges approached 49,000 BTC, an extremely rare level. This year, there have only been four other instances of single-day inflow peaks nearing 50,000 BTC, and these peaks have typically been followed by a notable amplification in price volatility and clear directional moves.The report suggests that, given the current scale of inflows, the market is absorbing a large amount of Bitcoin being transferred to exchanges. Since transferring to exchanges usually implies potential selling pressure, position adjustments, or increased demand for derivatives margin, this could trigger more drastic price fluctuations.CryptoQuant also notes that the volume of Ethereum and altcoins flowing into exchanges is rising, indicating that the pressure is not limited to Bitcoin but is spreading across the broader crypto asset market. Overall, a surge in exchange inflows may signal that a more significant change in short-term market direction is imminent.
AI Cloud Service Provider Nebius’ Q1 Revenue Soars 7x Year-on-Year; Shares Surge 17% Pre-Market
According to TheEnergyMag, AI cloud service provider Nebius (NASDAQ: NBIS) released its first-quarter financial results, reporting revenue of $399 million—more than seven times higher year-on-year and exceeding analysts’ expectations of $371 million. Its adjusted net loss stood at $100.3 million, better than market expectations. Following the earnings release, Nebius’s stock rose approximately 17% in pre-market trading, with its year-to-date gains exceeding 100%. This quarter, the company’s capital expenditures surged to approximately $2.5 billion. It also announced securing 1.2 gigawatts of power capacity and land in Pennsylvania for constructing a new AI factory. CEO Arkady Volozh stated that enterprises are transitioning from the AI experimentation phase to large-scale production deployment, and the company continues to face “unprecedented demand.” Additionally, Nebius recently acquired AI startup Eigen AI for approximately $643 million and signed a five-year, up-to-$27 billion long-term AI compute supply agreement with Meta Platforms.
CryptoQuant: Bitcoin Rally Faces Profit-Taking Pressure as Exchange Inflows Surge
Odaily News CryptoQuant indicates that Bitcoin's recent rally is facing increasing risks of selling pressure, with on-chain data showing a significant rise in funds flowing into exchanges.Bitcoin previously broke through $76,000 but faced downward pressure and retreated when approaching the key resistance zone around $76,800. This level corresponds to the "on-chain realized price" range, which has historically often acted as a top for rallies, as many investors whose holdings are nearing breakeven tend to sell.Data shows that the hourly inflow of Bitcoin into exchanges has risen to approximately 11,000 BTC, the highest level since late 2025, which is typically viewed as a potential signal of selling pressure. Simultaneously, the scale of transfers into exchanges by large holders (whales) is also expanding.Analysis suggests that if this resistance level remains effective, Bitcoin may face short-term correction pressure, with a key support level around $67,600.
IBM Report: AI Cyberattacks Surge 56% Year-Over-Year, One-Quarter of Malicious Intrusion Incidents Facilitated by AI
According to Yonhap News, IBM released the "2026 Cost of a Data Breach Report" on July 30. The report indicates that 25% of global malicious cyber infringement incidents were executed with the assistance of AI, representing a 56% increase compared to the previous year. Primary attack methods include deepfake impersonation and AI-driven malicious code. The average loss from AI-related infringement incidents reached $6 million, approximately $1 million higher than the average loss of all incidents, which stood at $4.99 million. Notably, 62% of AI attacks are concentrated in the critical infrastructure sector. The average loss for the financial services industry is $6.3 million, while for the energy industry, it is $5.2 million. On the defense side, enterprises that actively implement AI and automated security operations can save approximately $2 million in losses on average. 85% of enterprises stated they plan to increase security investment to address new-generation AI threats.
CertiK Report: Wrench Attacks Surge Nearly 12x in Losses, “Operational Security” Becomes New Core of Prevention
Odaily Odaily News, July 22nd - Web3 security firm CertiK released its "H1 2026 Wrench Attack Report." The report indicates that a total of 52 publicly verified wrench attacks were recorded globally in the first half of 2026, a year-over-year increase of 33.3%; related losses amounted to approximately $124 million, an increase of about 11.8 times compared to the same period last year.The report notes that attackers are shifting from exploiting technical vulnerabilities to targeting asset holders and their real-world social networks. Home invasion incidents increased from 1 case in H1 2025 to 20 cases, accounting for 41% of the total incidents in the period. Europe has become a high-incidence area for attacks, with 33 cases occurring in France alone, representing 63.5% of the global total.CertiK stated that as real-world risks become a significant challenge for digital asset security, enterprises and high-net-worth individuals need to establish more comprehensive protection systems. CertiK has launched operational security services to help identify exposure risks related to identity, family, residence, and travel routes. Simultaneously, through the CertiK Security Workspace, it correlates off-chain intelligence, on-chain transactions, and AML risk signals to support institutions in tracking and analyzing cybercrime activities. Furthermore, CertiK is strengthening cooperation with international law enforcement agencies such as Interpol and Europol, providing technical support for cross-border attack investigations and security policy research.
AI-Driven Vulnerability Bounty Reports Surge, Leaving Crypto Protocol Teams Overwhelmed by “AI Spam”
According to Cointelegraph, the widespread adoption of AI is driving up the number of submissions to cryptocurrency industry bug bounty programs—but a flood of low-quality “AI spam” reports has also emerged, placing a heavy burden on protocol teams for triaging. Barry Plunkett, Co-CEO of Cosmos Labs, stated that submission volume to its platform surged 900% year-on-year, with 20–50 reports received daily; Kadan Stadelmann, CTO of Komodo Platform, likewise noted a marked rise in low-quality and false-positive reports, attributing the root cause primarily to AI’s drastic reduction in the cost of generating reports. Daniel Stenberg, creator of the open-source tool curl, has already shut down his bug bounty program outright due to being overwhelmed. In response, industry insiders recommend that teams deploy defensive AI systems to automatically triage reports and adopt stricter submission criteria—reducing the volume of invalid reports and ensuring genuine vulnerabilities receive timely attention.
Serenity: The AI Supply Chain Boom Is Far From Over, With Storage, Packaging, and Power Sectors Poised for Long-Term Demand Surge
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.
IBM Report: AI Cyberattacks Surge 56% Year-Over-Year, One-Quarter of Malicious Intrusion Incidents Facilitated by AI
According to Yonhap News, IBM released the "2026 Cost of a Data Breach Report" on July 30. The report indicates that 25% of global malicious cyber infringement incidents were executed with the assistance of AI, representing a 56% increase compared to the previous year. Primary attack methods include deepfake impersonation and AI-driven malicious code. The average loss from AI-related infringement incidents reached $6 million, approximately $1 million higher than the average loss of all incidents, which stood at $4.99 million. Notably, 62% of AI attacks are concentrated in the critical infrastructure sector. The average loss for the financial services industry is $6.3 million, while for the energy industry, it is $5.2 million. On the defense side, enterprises that actively implement AI and automated security operations can save approximately $2 million in losses on average. 85% of enterprises stated they plan to increase security investment to address new-generation AI threats.
CertiK Report: Wrench Attacks Surge Nearly 12x in Losses, “Operational Security” Becomes New Core of Prevention
Odaily Odaily News, July 22nd - Web3 security firm CertiK released its "H1 2026 Wrench Attack Report." The report indicates that a total of 52 publicly verified wrench attacks were recorded globally in the first half of 2026, a year-over-year increase of 33.3%; related losses amounted to approximately $124 million, an increase of about 11.8 times compared to the same period last year.The report notes that attackers are shifting from exploiting technical vulnerabilities to targeting asset holders and their real-world social networks. Home invasion incidents increased from 1 case in H1 2025 to 20 cases, accounting for 41% of the total incidents in the period. Europe has become a high-incidence area for attacks, with 33 cases occurring in France alone, representing 63.5% of the global total.CertiK stated that as real-world risks become a significant challenge for digital asset security, enterprises and high-net-worth individuals need to establish more comprehensive protection systems. CertiK has launched operational security services to help identify exposure risks related to identity, family, residence, and travel routes. Simultaneously, through the CertiK Security Workspace, it correlates off-chain intelligence, on-chain transactions, and AML risk signals to support institutions in tracking and analyzing cybercrime activities. Furthermore, CertiK is strengthening cooperation with international law enforcement agencies such as Interpol and Europol, providing technical support for cross-border attack investigations and security policy research.
Is Mass Production of "AI Robots" Here? UBTECH Unveils Humanoid Robot, Priced Between 119,800 and 990,000 Yuan; Hong Kong Stocks Surge 7.48%
UBTECH (09880.HK) has launched its full-size, super-bionic humanoid robot, the U1, which features 88 degrees of freedom across its body. The U1 Pro is priced at 169,800 yuan, the U1 Ultra (male and female versions) at 990,000 yuan and 880,000 yuan respectively, and the lightweight, lower-body-only U1 Lite at 119,800 yuan.UBTECH Chairman and CEO Zhou Jian stated that orders for the U1 have exceeded 11,000 units, with a target to complete delivery of these over 10,000 robots this year. (Source: Kan Kan News)Possibly influenced by this news, UBTECH (09880.HK) closed up 7.48%, currently trading around 102 Hong Kong dollars.
AI Cloud Service Provider Nebius’ Q1 Revenue Soars 7x Year-on-Year; Shares Surge 17% Pre-Market
According to TheEnergyMag, AI cloud service provider Nebius (NASDAQ: NBIS) released its first-quarter financial results, reporting revenue of $399 million—more than seven times higher year-on-year and exceeding analysts’ expectations of $371 million. Its adjusted net loss stood at $100.3 million, better than market expectations. Following the earnings release, Nebius’s stock rose approximately 17% in pre-market trading, with its year-to-date gains exceeding 100%. This quarter, the company’s capital expenditures surged to approximately $2.5 billion. It also announced securing 1.2 gigawatts of power capacity and land in Pennsylvania for constructing a new AI factory. CEO Arkady Volozh stated that enterprises are transitioning from the AI experimentation phase to large-scale production deployment, and the company continues to face “unprecedented demand.” Additionally, Nebius recently acquired AI startup Eigen AI for approximately $643 million and signed a five-year, up-to-$27 billion long-term AI compute supply agreement with Meta Platforms.
Related news
Bank of America Significantly Reduces MSTR Holdings by 70% in Q2, ETHA Holdings Surge 29-Fold
Bank of America's Q2 13F filing shows that as of June 30, its Strategy (MSTR) holdings decreased from approximately 3.97 million shares at the end of Q1 to approximately 1.18 million shares, representing a reduction of approximately 70% based on share count. Meanwhile, its BlackRock Spot Ethereum ETF (ETHA) holdings increased from approximately 67,500 shares to approximately 1.98 million shares, with the share count increasing to approximately 29 times the previous amount, and the reported value at the end of Q2 was approximately $23.6 million.
Serenity: The AI Supply Chain Boom Is Far From Over, With Storage, Packaging, and Power Sectors Poised for Long-Term Demand Surge
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.
AI Hardware Theft Cases Surge and Turn Violent as Criminal Organizations Target Data Center Server Shipments
According to WIRED, California has recently seen a series of violent cargo theft cases targeting AI data center hardware, with criminal organizations employing new adversarial tactics to intercept trucks transporting servers and related equipment. Gerardo Pachuca, a former Los Angeles detective and consultant with 25 years of experience investigating cargo theft, stated that the prevalence of such acts is "unprecedented." Currently, these incidents have put the entire freight industry on high alert. Analysts point out that as demand for AI infrastructure construction surges, high-value server hardware has become a key target for organized crime.
BofA: NAND Spot Prices Surge, Storage Cycle End May Be Delayed Until 2028
According to TechFlow Research, BofA Securities' August 7 research report noted that in the first week of August, NAND spot prices for 512Gb to 1Tb rose 5% to 6%, 256Gb rose over 10%, and DRAM spot prices simultaneously increased 1% to 2%, outperforming seasonal patterns. The BofA Memory Index reading for June was 183, remaining at historical highs. BofA believes that second-tier and white-label OEMs are conducting concentrated restocking for the peak season, and traditional DRAM and NAND supply remains tight. Kioxia's Q3 revenue guidance increased 35% quarter-over-quarter, implying a quarterly increase of nearly 20% in average NAND prices. BofA expects DRAM and NAND prices to rise by another 8% and 3% respectively in Q4. Entering 2027, price increases will narrow quarter by quarter, but the full-year average price will still be higher than in 2026. The real adjustment will be delayed until 2028, when average DRAM and NAND prices will decline by 8% and 14% respectively. Capital returns are simultaneously ramping up; Samsung's special dividend may exceed 30 trillion Korean won, buybacks may exceed 40 trillion Korean won, and SK Hynix will also allocate 50% of free cash flow for returns.
Goldman Sachs: Data Center Power Demand to Surge 170%, AI Innovation Cycle Approaching Efficiency Inflection Point
据潮向研究，高盛 8月 6 日研报将 2030 年全球数据中心电力需求增幅从 117%大幅上调至 170%，累计新增用电量将超过日本 2023 年全国总用电量。超大规模厂商 capex 与研发合计预计 2026 年达 1.2 万亿美元，2027 年进一步增至 1.7 万亿美元。高盛估算，若将美国绿色可靠电力溢价（每兆瓦时 40至 48 美元）应用于全球数据中心新增需求，2030 年行业总支出约 450至 530 亿美元，占超大规模厂商 2028 年预期 EBITDA 的2.9%至 3.4%。 高盛认为 AI 创新周期正从“评估与梦想阶段”向“执行与效率阶段”切换，社区反对、劳动力短缺和物理环境约束正成为制约数据中心建设的新瓶颈。到 2030 年数据中心碳排放将较 2023 年增加约 3.7 亿吨（+210%），相当于全球能源排放量 1%。AI 在药物发现领域已将成功率提升 370 个基点，每年多发现 28 种新药，研发到首次收入时间从 13 年缩至 10 年，创造企业现值约 840至 930 亿美元。高盛看好电力设备、冷却解决方案、电网基础设施和关键材料等领域的结构性机会。
Zeiss Group Responds to Supply Chain Bottleneck Concerns: Capacity Sufficient Amid Surge in AI Demand, Continuously Expanding Semiconductor Production Facilities
据 Bloomberg 报道，德国蔡司集团（Zeiss Group）半导体部门回应投资者对 AI 供应链瓶颈的担忧，表示有信心满足当前激增的市场需求。蔡司已完成对德国奥伯科亨总部的扩建，以优化现有空间并提升产能，同时正在另一处蔡司园区新建工厂，并表示如需求进一步增长，仍有条件继续扩产。蔡司是全球半导体光刻设备的核心供应商，其光学组件被广泛应用于 ASML 高数值孔径极紫外（High-NA EUV）光刻机中。