View: Despite weak stock performance, the AI industry "still revolves around NVIDIA"

Note that a wallet linked to #MulticoinCapital unstaked 1.07M $HYPE ($58.86M) 6 hours ago and deposited 86,314 $HYPE($4.78M) into #CoinbasePrime. The 1.07M $HYPE was bought via Galaxy Digital OTC at an average price of $37.5 and is now up ~$18.75M.

According to EmberCN's monitoring, a week after Multicoin Capital transferred 395,000 HYPE tokens (valued at $37 million) to Coinbase, it proceeded to redeem additional staked HYPE. Early this morning, 1.97 million HYPE tokens (worth $108 million) successfully exited staking after completing the 7-day unbonding period. Of the redeemed HYPE, 86,000 tokens (valued at $4.78 million) were transferred to Coinbase Prime three hours ago. Notably, HYPE has declined 10% over the past week.

Goldman Sachs Japan’s latest strategy report points out that the recent sharp sell-off in Japanese AI-related stocks has created a buying opportunity, as strong earnings prospects are expected to revive investor interest in semiconductor shares. The direct catalyst for this assessment comes from Intel: the chipmaker raised its 2026 capital expenditure outlook by approximately $3 billion, and explicitly stated it will significantly increase spending on wafer manufacturing equipment. Goldman Sachs believes that Intel’s acceleration of capacity ramp-up for advanced processes (including 18A and 14A nodes) and investment in advanced packaging will directly drive orders for closely related Japanese equipment suppliers, and the industry’s trading logic has not broken amid short-term adjustments. Under this framework, Goldman Sachs has named three Japanese semiconductor manufacturing equipment firms as top recommendations. Lasertec is listed as the industry’s top pick, with a maintained Buy rating and a target price of 70,000 yen; it remains on the Asia-Pacific High Conviction Buy List, and its high exposure to Intel’s sales will directly benefit from the advancement of advanced processes. Tokyo Electron also maintains a Buy rating, with a target price of 83,000 yen (current price is approximately 62,800 yen), as Intel’s increased fab equipment budget will support its demand for manufacturing tools. Disco, meanwhile, will benefit from Intel’s plan to expand EMIB-T advanced packaging capacity, with structural upside expected in demand for its back-end processing equipment.

U.S. energy company Bloom Energy, which specializes in powering AI data centers, released its Q2 2026 financial results: total revenue reached $1.065 billion, up 165.5% year-over-year; adjusted EPS was $0.78. Product revenue hit $935.4 million, growing 215.4% from $296.6 million in the year-ago period. Gross margin stood at 33.4%, rising 668 basis points from 26.7% in the same period last year. Non-GAAP gross margin was 34.3%, up 604 basis points year-over-year. Operating income came in at $182.2 million, an increase of $185.7 million from an operating loss of $3.5 million in the year-ago quarter. Non-GAAP operating income was $239.6 million, up $211 million from $28.6 million in the prior-year period. Cash flow from operating activities totaled $226.4 million, a $439.5 million improvement from net cash used in operating activities of $213.1 million in the year-ago period.

SK Hynix is currently holding an analyst call: No signs of a slowdown in artificial intelligence (AI) investment have been observed, and AI infrastructure spending will remain robust beyond 2027. The company expects long-term agreements will not lead to oversupply; terms of these deals vary, but typically span 5 years. SK Hynix pledged to solidify its leading position in the high-bandwidth memory (HBM) sector via long-term contracts. It projects bit shipment growth in the second half of the year will outpace that of the first half. The product sales mix impacted the second quarter’s average selling price (ASP). The company is on track to commence mass production of HBM4E starting in 2027.

Trade.xyz has issued an announcement regarding the SK Hynix contract pinning incident: At 23:01 UTC on July 27, the SK Hynix token mark price plummeted from $1,127.9 to $917.25, triggering mass liquidations of long positions. The price stemmed from an actual executed trade captured by multiple independent data providers; the external venue is a major South Korean pre-market. The platform’s oracle system operated per established specifications, synchronously tracking prices from external exchanges and functioning "as designed" technically. However, the exchange acknowledged that user dissatisfaction with the resulting liquidations is understandable, stressing that "market integrity is Trade.xyz’s core value". Accordingly, Trade.xyz has decided to cover all liquidation losses caused by this price anomaly on a one-time, discretionary basis. Specific eligibility requirements will be released shortly, with payouts expected to be completed within days, though the platform clarified that this decision "does not constitute a guarantee for similar scenarios in the future". Mechanistically, the platform will accelerate a review of its pricing methodology—including re-evaluating assumptions about reliance on external venues and assigning higher weight to its own order book price discovery (its order book depth and signal strength have already improved significantly relative to external sources)—to better handle tail events.