surge

According to Jinshi reports, as the demand for AI computing power surges, the global storage chip market is facing a severe supply shortage. In Huaqiangbei, Shenzhen, affected by Nvidia's new round of price increase notifications, graphics card manufacturers have completely stopped bulk shipments, and the supply of spot goods has rapidly tightened.Statistics show that the prices of mainstream storage products and graphics cards continue to rise, with the price of a 1TB solid-state drive increasing from 410 yuan last September to 950 yuan, a rise of 132%; the price of 16G DDR5 memory has increased by 311%; the price of the RTX 5060 graphics card has risen by about 30%, and the price of the RTX 5080 has risen by about 50%.

Qualcomm released its Q3 2026 fiscal year financial report, with revenue of $9.95 billion, a year-on-year decrease of 4%, slightly higher than the market expectation of $9.67 billion; adjusted earnings per share were $2.21, basically in line with expectations; net profit was $2 billion. The chip business (QCT) revenue was $8.5 billion, of which mobile-related business was $5.1 billion, a year-on-year decrease of 20%; automotive electronics business revenue reached a record $1.59 billion, a year-on-year increase of 61%, achieving double-digit year-on-year growth for 23 consecutive quarters; Internet of Things business revenue was $1.83 billion, a year-on-year increase of 9%.Qualcomm expects adjusted earnings per share for Q4 to be between $2.05 and $2.25, below analysts' expectations of $2.36. CEO Cristiano Amon stated that revenue from Apple will enter a phase of accelerated decline, and due to supply chain constraints, Qualcomm's component share in the next-generation iPhone is "far below the previously estimated 20%." To cope with the contraction of its Apple business, Qualcomm is accelerating its diversification transformation, expecting its data center business to achieve approximately $5 billion in revenue by fiscal year 2027, and has completed the acquisition of AI software company Modular. Qualcomm plans to adjust prices for some products starting September 1 to address rising costs across the entire supply chain.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "Mubadala Citi DC Open: Alex de Minaur vs. Stefanos Tsitsipas," the option "Alex de Minaur" in the sub-market "Mubadala Citi DC Open: Alex de Minaur vs. Stefanos Tsitsipas" has experienced significant fluctuations in winning probability, soaring from 51.5% an hour ago to the current 67.5% (a fluctuation of 16%). Please note the impact of related breaking news.

Bitcoin mining company and AI infrastructure company Ionic Digital today went public on Nasdaq through a direct listing, with the stock code IOND, opening at $50, a reference price of $53, and rising over 25% during the day to nearly $63, implying a valuation of approximately $2.75 billion.Ionic Digital was established in January 2024 and acquired most of the mining assets from the bankruptcy restructuring of the cryptocurrency lending platform Celsius Network, including mining machines, infrastructure, approximately $195 million in cash, and 540 BTC. Currently, Ionic Digital holds 2,861 BTC and is redirecting more power capacity towards long-term AI leasing contracts.

Recently, market funds have continued to concentrate on high-growth assets, driving multiple popular targets in the Gate platform's gStocks sector to strengthen collectively. According to the latest data from Gate, the AI giant PLTRG/USDT (Palantir Technologies) leads with a 24-hour increase of 5.49%, currently priced at $131.02.At the same time, consumer and financial giants are also performing strongly. COSTG/USDT (Costco) is currently priced at $955.75, up 2.36% in 24 hours; VG/USDT (Visa) is currently priced at $363.28, up 2.30% in 24 hours; WMTG/USDT (Walmart) is currently priced at $112.42, up 2.23% in 24 hours.Gate gStocks adopts a 1:1 full native stock reserve mechanism, where each tokenized security corresponds to an equal number of native stocks as underlying asset support. It supports 24/7 trading, unified account management, and a minimum investment of 1 USDT with fractional share trading. Users can participate more flexibly in global popular stock investments, achieving a one-stop allocation of digital assets and traditional securities. As the ecosystem of tokenized securities continues to enrich, Gate gStocks will continue to expand more quality stocks and ETF targets, providing users with more diverse global asset allocation options.

According to monitoring by Catcher Predict, in the market prediction event "Bitcoin July Price Prediction" on Polymarket, the "Yes" option in the sub-market "Below $62,500" experienced a dramatic fluctuation in winning probability, soaring from 58.9% an hour ago to the current 75.4% (a fluctuation of 16.5%). Please note the impact of related breaking news.

Market data shows that Changxin Technology's Hyperliquid contract price briefly surged, breaking through 7 dollars, currently reported at 7.16 dollars.

According to monitoring by Lookonchain, due to the sudden surge in CXMT prices, trader 0x517b's short position of 272,505 CXMT (1.8 million USD) was completely liquidated, resulting in a loss of 249,000 USD.

Meanwhile, Dogecoin (DOGE) only rose about 6% during the same period, while other dog-themed tokens saw increases of around 10%, indicating that funds were mainly concentrated in SHIB.In the derivatives market, during this round of increases, approximately 2,300 traders' SHIB positions and 1,000 SHIB positions were liquidated, with a total liquidation amount of about 6 million dollars, of which short positions accounted for about 5 million dollars. However, analysts believe that the short position liquidations were more a result of the price increase rather than the main driving factor of this market trend.

Web3 security company CertiK released the "2026 First Half Wrench Attack Report." The report shows that in the first half of 2026, a total of 52 publicly verified wrench attack incidents were recorded globally, an increase of 33.3% year-on-year; related losses amounted to approximately $124 million, an increase of about 11.8 times compared to the same period last year.The report points out that attackers are shifting from exploiting technical vulnerabilities to targeting asset holders and their real-world relationship networks, with home invasion incidents rising from 1 in the first half of 2025 to 20, accounting for 41% of the total incidents during the same period. Europe has become a high-frequency attack region, with 33 incidents occurring in France, accounting for 63.5% of global cases.CertiK states that as real-world risks become a significant challenge for digital asset security, businesses and high-value individuals need to establish a more comprehensive protection system. CertiK has launched operational security services to help identify risks related to the exposure of information such as identity, home, residence, and travel trajectory; at the same time, through CertiK Security Workspace, it correlates off-chain intelligence, on-chain transactions, and AML risk signals to support institutions in tracking and analyzing cybercrime activities.In addition, CertiK is strengthening cooperation with international law enforcement agencies such as Interpol and Europol to provide technical support for cross-border attack investigations and security policy research.

Trader Ansem stated that he has bought PUMP around the old support level of 0.001675, with the main logic being that pump.fun can still achieve monthly revenues of about 30 to 40 million dollars during the bear market.He believes that if Solana dominates retail on-chain trading activities again in this cycle, pump.fun is likely to become one of the beneficiaries.

According to official news, Kimi stated that in the past 48 hours, the demand for Kimi K3 has exceeded expectations, and GPU resources are nearing the current capacity limit. To ensure the experience of existing subscription users, the platform has temporarily suspended new subscriptions, and current subscribed users will not be affected. Kimi mentioned that it is working to expand computing power as soon as possible and will gradually open new subscription slots in batches.Meanwhile, the platform will split the membership system into two types of plans in the future: one for Kimi members on the Kimi web portal, App, and Work, and the other for Kimi Code members focused on programming workflows, to more accurately match computing resources and maintain service stability.

According to GMGN market data, the Robinhood ecosystem token Index saw a short-term increase of over 400%, with a market capitalization peaking above 60 million USD, currently reported at approximately 33 million USD.This increase may be influenced by the attention of Robinhood co-founder to its X account. The price of this token is highly volatile and susceptible to market sentiment and trending events, please be aware of trading risks.

Global chip foundry giant TSMC announced its financial report for the second quarter of 2026. Benefiting from the strong demand for advanced process chips driven by global AI infrastructure development, TSMC's performance this quarter significantly exceeded market expectations. During the period, it achieved revenue of NT$1.27 trillion (approximately US$40.2 billion), a year-on-year increase of 36%; net profit reached NT$706.6 billion (approximately US$22 billion), a year-on-year surge of 77.4%, far exceeding the market's previous estimate of NT$623.7 billion. In addition, the company's gross margin for the quarter reached 67.7%, and the operating margin was 60.3%, both better than expected.In terms of process structure, advanced processes (7 nanometers and below) contributed a total of 77% to the total wafer revenue this quarter. Among them, the 3-nanometer and 5-nanometer processes accounted for 30% and 33%, respectively, while the 7-nanometer process accounted for 11%. Notably, TSMC's newly shipped 2-nanometer advanced process recorded revenue for the first time, accounting for 3%.Looking ahead, TSMC confirmed that its capital expenditure for 2026 will approach a record US$56 billion and plans to invest approximately US$26.5 billion in its advanced manufacturing park in Arizona, USA. TSMC CEO C.C. Wei stated that the current pace of capacity expansion still lags behind demand, and the situation of supply not meeting demand is expected to continue for several years. Meanwhile, despite TSMC's strong performance, the market remains somewhat cautious and concerned about whether the massive AI investments by tech giants can translate into actual returns and the medium- to long-term competitive landscape.

According to the latest stock derivatives exchange ranking data from RootData, as of the time of publication, Binance, MEXC, and Bitget are in the top three. This list is based on comprehensive scoring of exchanges supporting stock derivatives trading, considering dimensions such as trading volume, open interest, spreads, depth, trading costs, and data collectability. Among them:Binance scored 91.6, supports 130 contracts, with an open interest of approximately $2.326 billion (-51.55%), and a 24h trading volume of approximately $16.392 billion (-22.63%), with a funding rate of +0.0003%.MEXC scored 91.3, supports 43 contracts, with an open interest of approximately $109 million (-0.55%), and a 24h trading volume of approximately $304 million (+18.93%), with a funding rate of +0.001%.Bitget scored 90.6, supports 233 contracts, with an open interest of approximately $733 million (-35.27%), and a 24h trading volume of approximately $1.711 billion (-34.64%), with a funding rate of +0.001%.Compared to yesterday, MEXC's ranking has jumped to second place, Binance's open interest has decreased by 51.55%, and Bitget's open interest has decreased by 35.27%.

According to Gate market data, U.S. stocks closed higher on Tuesday, with the Dow Jones Industrial Average initially rising by 0.02%, the S&P 500 index up by 0.38%, and the Nasdaq up by 0.9%. SanDisk (SNDK.O) and Micron Technology (MU.O) rose by about 5%, while SK Hynix ADR (SKHY.O) surged by 27.2%. The Nasdaq Golden Dragon China Index closed down by 0.1%, with Baidu (BIDU.O) falling by 3%.