Analysis: DRAM industry revenue surged 59.5% quarter-over-quarter in Q2 2026, with AI demand growth still outpacing supply expansion.

Beating AI News: a16z’s AI infrastructure team has scored two consecutive acquisition wins in just five days: Cursor was acquired by SpaceX, and Stripe announced its acquisition of OpenRouter. The Information reports that a16z’s combined stake value in the two companies exceeds $8 billion. Cursor’s return is the most staggering. In 2024, a16z participated in Cursor’s $60 million Series A round, when the company was valued at just $400 million. SpaceX acquired Cursor for $60 billion. Bloomberg previously reported that a16z is Cursor’s largest external shareholder, holding around a 10% stake, worth roughly $6 billion at the acquisition price. The speed of this return is also rare: a16z launched its first dedicated infrastructure fund of $1.25 billion only in 2024. The Information notes that the two deals are enough for the relevant fund to return all principal to limited partners (LPs) and generate additional profits. VC funds typically measure returns over a 10-year cycle. a16z plans to continue betting on AI infrastructure moving forward. This year, it raised an additional $1.7 billion infrastructure fund, and most recently secured a new $1.1 billion fund dedicated to AI hardware. AI infrastructure lead Martin Casado said that just a few years ago, only around 5% of the startups he engaged with focused on hardware, a figure that has now risen to nearly 20%.

CryptoRank’s report shows that in Q3 2026, the trading volume of RWA perpetual contracts has reached $2 trillion, surpassing Q2’s $1.27 trillion, with roughly three weeks remaining in the quarter. The platform points out that this rapid volume growth indicates tokenized stocks, commodities, indices and other traditional assets are accelerating their entry into the on-chain derivatives market, gradually becoming an important part of on-chain derivative trading.

Changxin Technology convened its 2026 first-half performance briefing. Independent director Chen Wuchao said in response to investor inquiries that global DRAM product sentiment has improved and prices have risen in H1 2026. Currently, the company remains in a critical investment phase focused on capacity expansion and technological upgrading, and will gradually deliver returns to shareholders while safeguarding necessary capital expenditures. As profitability continues to grow, the company will initiate the demonstration of its dividend plan in a timely manner in compliance with relevant laws and regulations.

China's gold reserves stood at 76.73 million ounces (about 2,386.57 tons) at the end of August, up 650,000 ounces (around 20.22 tons) month-on-month. The People's Bank of China has been increasing its gold holdings for 22 consecutive months. (Jin10)

According to monitoring by ai_9684xtpa, the smart money address yixie10, which deployed roughly $20 million into long ZEC positions, has expanded its cumulative ZEC trading profits to approximately $11.37 million. On September 4, when ZEC traded at around $985, this address held an unrealized profit of about $8.465 million. ZEC’s price has since risen by roughly 22%; if its position size remains unchanged, the unrealized profit is expected to further expand to around $10.34 million. Adding the previously realized profit of approximately $1.038 million, the address’s total gains from this single ZEC trade are likely to once again exceed $10 million.

Hong Kong stocks closed lower, with the Hang Seng Index down 0.93% and the Technology Index falling 0.92%; Zhipu (02513.HK) dropped 5.3%.