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Yangtze Memory captured 14% of global NAND flash shipments in Q2 2026, ranking third worldwide for the first time. However, its revenue position remains fifth due to a product mix focused on consumer applications, highlighting the need for enterprise market expansion.
Read MorePakistan's Interior Minister visited Tehran for urgent talks with Iranian officials on bilateral relations and regional security. A foreign ministry spokesperson stated Pakistan is making all-out efforts to broker US-Iran negotiations, aiming to implement existing agreements and pave the way for Middle East stability, highlighting Islamabad's key mediation role.
Read MoreLumentum's Q4 earnings crushed estimates, with revenue more than doubling to $1.01B and adjusted EPS surging 267%. Its gross margin crossed the 50% threshold. Strong current-quarter guidance signals sustained momentum, driven by robust AI and datacenter demand.
Read MoreTo address power efficiency bottlenecks in AI infrastructure, NVIDIA, Google, and Microsoft are collaborating with over 80 partners to promote 800V DC power architecture. The initiative aims to reduce conversion losses and will be phased into data centers starting 2026, supporting power densities from hundreds of kilowatts to megawatts.
Read MoreAI cloud provider CoreWeave reported Q2 results that beat expectations across revenue and adjusted EBITDA, sending shares up 16% pre-market. With a massive $104B backlog and raised capex guidance, the results signal robust, sustained demand for AI infrastructure.
Read MoreAI Agent company Manus is set to regain independence as its acquisition by Meta enters a substantive unwinding phase. During regulatory review, Manus grew revenue fivefold, surpassing $300M in ARR with zero attrition from its 150-person team. The core team will continue advancing its product and tech roadmap as a restartup.
Read MoreNorway's $2.34 trillion sovereign wealth fund reported record first-half profits and disclosed a new $1.2 billion stake in SpaceX. The 9.4% return was driven by strong tech stock performance, with equities comprising over two-thirds of its global portfolio spanning 7,000+ companies.
Read MoreSouth Korea's Financial Services Commission introduces stricter rules for leveraged stock trading effective August 19. New individual investors must complete at least 5 hours of simulated trading. The move, following recent margin requirement hikes, aims to curb speculative trading and protect retail investors by ensuring they understand the compounding risks involved.
Read MoreThe US government has officially revoked its ban on using TikTok on federal devices. A new White House memo, citing a Justice Department legal opinion, states the app no longer poses a national security threat, reversing restrictions imposed since late 2022 over data concerns.
Read MoreChina Isotope & Radiation Corporation has jointly established a new technology company in Beijing, focusing on AI application development and IoT services. This move signals the nuclear tech leader's strategic expansion into digital and intelligent sectors.
Read MoreDan Bin's overseas fund increased its US stock portfolio value by 46% to $1.65B in Q2. New positions include Intel, AMD, and Broadcom, highlighting a strategic shift toward AI hardware, semiconductors, and computing infrastructure, while reducing exposure to some mega-cap tech names.
Read MoreOn-chain data reveals a newly created wallet purchased approximately $7.31 million worth of Ethereum within one hour. The address first withdrew stablecoins, then swiftly acquired nearly 3,878 ETH at an average price of $1,886 before transferring all assets to a new address, sparking market attention.
Read MoreSouth Korea has announced a national quantum strategy targeting a domestically developed 100-qubit quantum computer by 2029. The long-term vision aims to establish the country as a global leader in quantum chip manufacturing by 2035, marking a significant push into next-generation technology.
Read MoreGoldman Sachs highlights a key divergence in how software firms benefit from AI. Infrastructure and developer tools are already monetizing the surge in AI inference and agent traffic, while traditional SaaS applications face greater uncertainty. The industry is reshuffling based on tech stack positioning.
Read MoreHarmony has suspended its cross-chain bridge service following a security incident on August 12. A patch has been released for validator upgrades to prevent further exploits. An update addressing already minted tokens is forthcoming.
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