TrendForce raises its Q3 and Q4 DRAM contract price forecasts, a positive for DRAM manufacturers including Micron.

MicroStrategy founder Michael Saylor delivered his first public remarks after the release of the "Digital Credit Capital Framework": "Stronger credit, stronger equity, more Bitcoin." Saylor’s declaration appears to explain the motivation behind the launch of the framework—specifically, the strategic logic of achieving more Bitcoin holdings by strengthening credit and equity structures.

SK Hynix is negotiating with semiconductor equipment manufacturers over the supply of semiconductor testing equipment needed for its Cheongju P&T7 plant. Equipment suppliers are verbally coordinating the number of units that can be delivered next year. The equipment industry forecasts the plant will order around 200 units, including HBM4 testers. At a price of 1.5 billion to 2 billion won per unit, the total cost could reach up to 400 billion won (approximately $259 million). (TheElec)

Jefferies analyst Blayne Curtis reiterated a Buy rating on AVGO and set a $550 price target, noting that the recent pullback in the stock creates a buying opportunity, with fiscal 2028 EPS projected to reach $30–$40. The analyst emphasized that Broadcom’s TPU roadmap is advancing as planned, the long-term agreement signed with Google through 2031 guarantees minimum revenue, and concerns over competition from MTK are overstated.

According to on-chain analyst Ai Yi (@ai_9684xtpa), a certain whale added 1.11 million USDC in margin to Hyperliquid one hour ago, then opened an ETH long position worth $13.05 million, with an entry price of $1,581.9 and a liquidation price of $1,078.5.

According to official announcements, OKX has officially launched OKX.AI, a decentralized platform for the agent economy that enables AI Agents to post tasks, accept assignments, process payments, submit reviews, and conduct arbitration. OKX Founder and CEO Star stated in a post on X: "Over the past two decades, the world has been rebuilt around apps; over the next ten years, it will be rebuilt around agents. Agents will serve humans, be hired by humans, receive payments from humans, and collaborate with humans to complete complex tasks, while humans will channel more energy into imagination, judgment, purpose, and truly unique value." Star emphasized that this is not an era of more efficient software, but a new economic era. He added: "The future will no longer belong only to companies with the most employees, but also to individuals with the best agents. One person can be a world-class company. Welcome to the Agentic Economy, welcome to OKX.AI."

Lori Calvasina, chief U.S. equities strategist at Royal Bank of Canada Capital Markets (RBC Capital Markets), lifted her 12-month target for the S&P 500 by 250 points to 8,150 on Monday. Compared with last Friday’s closing level, the revised target implies a 10.8% upside potential. The bank believes the U.S. stock market still has room to rise, but warns the rally will not be smooth sailing. In a research note sent to clients on Monday, Calvasina wrote: “We still view this forecast as optimistic but not unrealistic. Our core view is that the stock market will rise overall over the next year, though the trend will not be a straight-line rally.” The target hike is partly driven by positive signals from earnings per share (EPS) and valuation expectations. The strategist forecasts adjusted trailing four-quarter EPS will reach $337 in the first quarter of next year. Meanwhile, her model still retains conservative assumptions, and she warns market volatility is unavoidable during the rally, with the biggest risk being the Federal Reserve resuming interest rate hikes. Data from CME Group’s FedWatch Tool shows the market is pricing in a 64% probability of a rate hike at the Fed’s September policy meeting.