Huang Renxun has left Beijing, and NVIDIA has not disclosed whether Huang Renxun met with the DeepSeek founder.

CNN published an analysis stating that U.S. President Donald Trump has not yet taken the biggest risk in the Iran conflict: escalating the war to an uncontrollable scale. But as the diplomatic deadlock drags on, Trump is facing three options: further escalation, expanding military operations, or withdrawing from the conflict. The report notes that after Iran refused to hold further talks, Trump recently issued another stern warning, saying Iran’s leadership faces a "last chance." However, analysts argue that simply expanding airstrikes will not necessarily force Iran to back down; instead, it could prompt Iran to target infrastructure of U.S. allies in the Gulf region, escalating regional conflict. Currently, the U.S. is still limiting the scope of its military operations, targeting primarily military sites. Further strikes on civilian infrastructure such as energy facilities and power grids, or even ground operations, could push the conflict into a higher-risk phase. CNN points out that history—including the Vietnam War, Iraq War, and Afghanistan War—shows that leaders often escalate conflicts to avoid defeat or protect their reputation, ultimately falling into a "no-win, no-exit" trap. Analysts note that Trump won the 2016 election by campaigning against "endless wars," and the Iran conflict will now be a key test of his political legacy. With the U.S. midterm elections approaching, further escalation could carry higher political costs. Trump is currently balancing diplomatic and military pressure, and the ultimate trajectory of the Iran conflict will impact his presidential tenure evaluation and the U.S. Middle East strategy.

Whale 0x2e80 withdrew another 19,000 $ETH ($35.44M) from #Gemini and staked it. Over the past 3 weeks, the whale has withdrawn a total of 112,000 $ETH ($208M) from #Gemini and staked it.

According to Lookonchain monitoring, whale address 0x2e80 has once again withdrawn 19,000 ETH (valued at approximately $35.44 million) from Gemini, and subsequently staked the entire amount. Over the past three weeks, the address has cumulatively withdrawn 112,000 ETH from Gemini, totaling around $208 million, all of which has been allocated to staking.

According to Serenity, citing Digitimes industry chain sources, SK Hynix, Micron (MU), and Samsung Electronics have fully sold out their 2027 DRAM and HBM production capacities, with customers currently able to secure only about 60% to 70% of their initial demand. Serenity stated that current storage supply tightness exceeds market expectations, and 2027 may enter the "most severe storage shortage phase." Meanwhile, SanDisk (SNDK), Samsung Electronics, and Micron’s annual NAND production capacities have also been booked, while Kioxia and SK Hynix are expected to complete capacity allocation by August 2026. Serenity pointed out that although some market views previously predicted a storage oversupply around mid-2027, based on current industry chain conditions, major storage manufacturers have sold out their capacities in advance, keeping supply-demand relations tight. It is learned that capacity allocation quotas between manufacturers and customers have now been basically finalized, but final product prices will still be determined based on market conditions near delivery. The continuous development of AI infrastructure is driving demand for HBM and high-end DRAM, which is likely to remain a key factor in future storage supply tightness.

，周二 SK 海力士及其韩国工会代表在清州市 SK 海力士工厂举行第五轮奖金谈判。双方在丰厚的奖金方案上存在分歧。去年，SK 海力士同意将年度营业利润的 10% 分配给员工。据路透社计算，这意味着 2026 年每位员工平均可获得 7.79 亿韩元（约合 547,127 美元）的奖金。工会在一份致会员的通知中表示，管理层提议将超过一半的奖金以股票形式支付，并限制其在一定时期内出售。通知还显示，公司希望在出现亏损时调整奖金支付。工会则表示，绝对不会接受任何让工会成员承担股价波动风险的安排。

After South Korean regulators took measures to curb demand for leveraged ETFs that had recently driven sharp market volatility, trading volumes of leveraged ETFs linked to South Korea’s two major chip giants have shrunk significantly. The KODEX single-stock ETF tracking SK Hynix, one of South Korea’s largest single-stock leveraged ETFs, saw its trading volume drop to 59 million shares on Monday, the lowest level since June 4. A similar ETF tied to Samsung Electronics also recorded its lowest trading volume since its launch in late May. Peter Park, a Korean equities sales assistant at NH Investment & Securities, said: “The speculative leverage bubble in major tech stocks has been curbed on both the upside and downside. Since investors can sell existing positions without restrictions, but new purchases face a high cash threshold, speculative leveraged trading by retail investors has effectively come to an end.” Earlier, South Korean regulators raised the minimum cash margin requirement for single-stock leveraged ETF investors from 10 million won to 30 million won. Compared with the 12.4485 trillion won in trading volume on the last trading day before the measure (July 30), the current trading size of these products has fallen to roughly one-tenth.