UBS Group has assigned a "Buy" rating to SpaceX, with a target price of $210.

Raymond James has initiated coverage on SpaceX, assigning a "Strong Buy" rating with an $800 target price. Per market data from BIT (bit.com), SpaceX’s US stock pre-market trading is down 1.18%, currently trading at $158.52.

According to market data from BIT (bit.com), Nvidia's US stock pre-market trading dropped 2.21% to $191.12. Earlier reports revealed that DeepSeek is developing its own AI inference chip.

ING Group’s Jan Frederik Slijkerman wrote in a report that Nvidia’s ability to sustain profit margins is uncertain as major tech giants develop their own chips. He pointed out that key clients such as Microsoft, Alphabet, and Amazon are developing custom chips to help control AI infrastructure costs (capital expenditure efficiency). Accordingly, Nvidia’s pricing power may face fiercer competition than in recent years, making it harder for the company to retain its current extremely high profit margins over the long run, even as it expands into new business lines.

According to Securities Times, Hong Kong-listed Zhipu has received clear commitments from multiple institutional investors that they remain bullish on its long-term prospects and will continue holding its shares as its cornerstone investors’ lock-up period approaches. JSC International Investment Fund SPC stated that, based on its long-term optimism about the company’s future development trajectory, it is willing to maintain its holdings. Per public information, the core state-owned capital investors behind the funds it manages include the Beijing Artificial Intelligence Industry Investment Fund, Beijing Jingneng Green Energy M&A Investment Fund, Beijing Information Industry Development Investment Fund, and Beijing Zhongguancun Science City Phase III Technology Growth Equity Investment Partnership. Professional market-oriented investment institutions WT Asset Management and Optimas Capital Limited, as well as Lingyun Light Technology Co., Ltd. — an early shareholder and cornerstone investor of Zhipu — have also successively stated they will continue holding the company’s shares; any future share reduction plans will be executed in an orderly manner. The combined shareholding of the institutions that made simultaneous commitments accounts for nearly 70% of the cornerstone shares subject to this lock-up expiration, covering national strategic capital, local government industrial guidance funds, large state-owned enterprise industrial funds, and professional market-oriented investment institutions.

Counterpoint Research Director MS Hwang stated that the recent pullback in share prices of memory chip manufacturers does not signal a fundamental shift in the memory chip market. Samsung Electronics fell 6.9% on Tuesday, while SK Hynix dropped 6.1%, despite Samsung forecasting another record quarterly performance driven by strong demand. Some investors may believe that most of Samsung’s upside, fueled by expectations of improved profitability, has already been priced in. He noted: "Recent strike actions and political discussions around profit sharing may also spark concerns about future shareholder returns." However, he pointed out that the fundamentals of memory chip manufacturers remain solid. According to Counterpoint’s July memory chip price tracking report, as customers continue to place orders in advance, DRAM prices are expected to rise by 10% to 20% in the third quarter, higher than its initial forecast of 5% to 10%.

According to Hyperinsight monitoring, as of press time, the "fateful week" whale (address 0x4c7) tracked yesterday for shorting South Korean stocks still maintains semiconductor shorts as its core position. There are 6 semiconductor-related short orders, with a total notional value of approximately $31.029 million, and combined floating profit of around $838,000. Profit and loss changes are mainly concentrated in two South Korean stock short orders. At yesterday’s press time, the whale’s combined short positions in Samsung Electronics (SMSN) and SK Hynix (SKHX) stood at about $14.84 million, with a floating loss of roughly $638,000; after South Korean semiconductor stocks fell today, these two short positions have turned to a combined floating profit of around $378,000, marking a $1.01 million capital rebound. The address continues to add to its Samsung short position. Over the past half hour, the address has cumulatively opened 1,612 short orders on Samsung, totaling 6,449,773 units, valued at approximately $1.2836 million. The relevant short orders are as follows: SK Hynix (4x isolated margin): Size of about $10.168 million, average price of $1,461.062, liquidation price of $1,724.93, floating profit of around $173,000 (+6.7%); Samsung Electronics (4x isolated margin): Size of about $4.937 million, average price of $200.906, liquidation price of $233.54, floating profit of around $206,000 (+16.0%). In addition, the address simultaneously added short positions in NBIS (about $974,000) and the DRAM index (about $625,000). Previous news: Whale Alert reported that a major address shorting South Korean semiconductor stocks during the "fateful week" had combined short positions in Samsung and SK Hynix totaling $14.8 million.