Justin Sun: Li Lin Once Concealed Due Diligence Materials, I Lent the Company $30 Million to Fill the Gap

June 10 — Independent research firm SemiAnalysis, a leading analyst focused on semiconductors, AI infrastructure, and data centers, released its latest multi-vertical research note today, with a core takeaway pointing to significant delays for two key AI data center technology paths. First, NVIDIA’s native 800VDC architecture shipments are being pushed back sharply. The report states NVIDIA’s originally planned single-ended 800VDC power supply design, intended for broad industry adoption, now has a shipment window extended to 2028. While the 400VDC high-voltage direct current solution remains on track, hyperscalers are choosing to stick with mature low-voltage systems or make gradual transitions to 400VDC rather than rushing to adopt 800VDC. The firm notes the marginal benefits of 800VDC for grid power and efficiency improvements don’t justify its added complexity, leading to a temporary industry slowdown for this tech. Second, the timeline for CPO (Co-Packaged Optics) mass productio

On June 10, as US stocks suffered a sharp sell-off, SK Hynix dropped 10.85% from its intraday high to $1,340 on trade.xyz, and Samsung Electronics declined 9.4% to $197.11 from its intraday high. Tradfi markets lack a "halted trading" mechanism. Their 24/7 continuous trading model serves as a reference for today’s actual stock market opening. The South Korean KOSPI index got off to a disappointing start at the opening.

On June 10, per market data from Bitget, the U.S. stock market extended its decline, with the Nasdaq falling more than 3%, the S&P 500 index dropping 1.7%, and the Dow Jones Industrial Average declining 0.7%.

On June 10th, Coinglass data shows the entire crypto network recorded $368 million in total liquidations over the past 24 hours. Long-position liquidations accounted for $284 million of that amount, while short-position liquidations reached $83.93 million.

June 10 — Per HTX market data, Bitcoin dipped below $61,000, currently trading at $60,958, marking a 4.61% decline over the past 24 hours.

June 10 — The U.S. Energy Information Administration’s (EIA) Short-Term Energy Outlook report has updated its crude oil price forecasts: - West Texas Intermediate (WTI): Expected to hit $88.32 per barrel in 2026, up from the prior projection of $85.68 per barrel. The 2027 WTI price remains unchanged at $74.39 per barrel. - Brent crude: The 2026 forecast has been revised to $95.39 per barrel, up from the previous estimate of $94.85 per barrel. The 2027 Brent price stays steady at $79.39 per barrel, matching prior expectations. Source: FX168