Nari Radar: Launches new S-band fully polarized multi-functional active phased array radar and AI weather model
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H3C completes industry's first real-world test of full-scenario interoperability of 800G intelligent computing network.
Mars Finance reported on July 7th that at the recent 2026 CFCF Optical Connectivity Conference, H3C Group completed a full-scenario network deployment test of its 800G intelligent computing network, covering Scale-Up, Scale-Out, and Scale-Across scenarios. In the Scale-Up/Out scenario, the S9828-128EP switch, equipped with 1024 112G ports and an 800G LPO solution, reduced overall power consumption by 27% and link latency by 17%. For long-distance cross-domain scenarios, the S12500R-64EP DCI switch completed an 80km full-bandwidth interoperability test without repeaters using 800G ZR/ZR+ modules from multiple vendors. (Wide Angle Observation)
Micron Japan launches over $9 billion chip expansion project, betting on the high bandwidth memory demand in AI.
Odaily Odaily reports that Micron officially broke ground on Saturday for its factory expansion project in Higashihiroshima City, Hiroshima Prefecture, Japan. The project, with a total investment of approximately 1.5 trillion yen (about US$9.3 billion), will produce advanced memory chips for the AI era. The new production line will focus on manufacturing key chips such as high-bandwidth memory (HBM), which are core components supporting the performance of AI processors from companies like Nvidia. Shipments of these chips are expected to begin as early as the summer of 2028. Japan's Ministry of Economy, Trade and Industry has provided subsidies of up to 500 billion yen for the project to strengthen domestic semiconductor manufacturing capabilities and enhance supply chain resilience. This expansion project is seen as a significant step for Japan in strengthening its semiconductor manufacturing footprint in the global AI chip competition. (Bloomberg)
Panther Hollow launches multi-strategy commercial bank with compliant RWA and yield strategies.
According to Foresight News , citing The Block, Panther Hollow Ventures, co-founded by former CFTC lawyer Eric Swartz and Jacqueline Escobar, has officially launched its multi-strategy commercial bank. Combining venture capital, liquidity yield strategies, and protocol incubation, the company will focus on promoting traditional financial interest rates and derivatives protocols on Ethereum, Canton, Solana, and Starknet.
SuperEx launches multiple stock-based U-margined perpetual contracts, including UNH and OSCR.
According to an official announcement from SuperEx, the platform officially launched USDT-margined perpetual contract trading pairs for UNHUSDT, OSCRUSDT, SIMOUSDT, and APLDUSDT at 03:00 UTC on July 7, 2026. It is understood that all of the newly launched contract trading pairs support cross margin, isolated margin, and sub-margin trading modes, and users can currently experience these trading options through SuperEx's web or mobile app.
Federal Reserve Governor Waller: If necessary, the use of forward guidance can be abandoned to maintain policy flexibility.
PANews reported on July 6 that Federal Reserve Governor Waller stated at a conference on monetary policy transmission in Rome, Italy, that monetary policy decisions must be based on the current "initial conditions" of the economy and cannot mechanically apply historical averages. He pointed out that large-scale shocks can trigger non-linear behavioral changes, thereby altering the time lag of monetary policy and the slope of the Phillips curve. Waller emphasized that forward guidance can influence the market in advance and accelerate policy transmission under certain conditions, but if the wording is too rigid or faces multiple possible scenarios, it will limit FOMC operations such as interest rate hikes and delay the timing of adjustments. The Federal Reserve has established a working group to assess the role of forward guidance, and he believes that in some situations, the use of this tool should be weakened or even stopped, and decisions should rely more on real-time economic data.
During his research visit to Guangzhou on the development of the artificial intelligence industry, Meng Fanli emphasized: Accelerate high-level applications across all regions, all times, and all industries to fully promote the high-quality development of the artificial intelligence industry.
According to Mars Finance, Meng Fanli, Deputy Secretary of the Guangdong Provincial Party Committee and Governor of Guangdong Province, visited several artificial intelligence (AI) companies in Guangzhou. He emphasized the need to thoroughly study and implement the spirit of General Secretary Xi Jinping's important speeches and instructions on Guangdong and Guangzhou, and to earnestly implement the deployments of the Guangdong Symposium on Accelerating the Development of the New Mechatronics Industry and the Guangdong AI Application Matching Conference. He stressed the importance of using more powerful and effective "policies + work" to fully promote the high-quality development of the AI industry and its high-level application across all regions, industries, and sectors, thereby accelerating the cultivation and development of new productive forces. Meng Fanli pointed out that global AI is currently experiencing explosive growth, and Guangdong possesses a strong industrial foundation, rich application scenarios, and a vibrant innovation ecosystem, making its AI industry development promising and highly valuable. He stressed the need to firmly grasp AI as a crucial driving force for the new round of technological revolution and industrial transformation, vigorously promote its rapid development and application, better empower various industries, bring it into every household, and drive high-quality development. We must fully leverage the advantages of mechatronics and hardware-software synergy, strengthen research and development of key core technologies and the transformation of research results in artificial intelligence, continuously attract investment and talent from across the country and globally, accelerate the strengthening of the entire artificial intelligence industry chain including chips, computing power, algorithms, data, and applications, cultivate a number of large-scale models in vertical fields and small-scale models for specific scenarios, develop and launch more industrial intelligent agents and life intelligent agents, and create a group of leading enterprises with outstanding technical strength, industry influence, and independent ecosystem construction capabilities. We must deepen and expand "AI+", adhering to full coverage, all-time response, and full industry penetration, comprehensively reviewing and fully developing all possible application scenarios in various fields such as intelligent manufacturing, smart parks, smart cities, smart healthcare, and smart transportation, especially accelerating the digital transformation of industrial enterprises, promoting the coordinated development of manufacturing and service industries, and better empowering the construction of a modern industrial system. We must create a first-class industrial ecosystem, comprehensively optimize policy supply, strengthen the guarantee of various factors such as finance, innovation, and talent, improve the artificial intelligence governance system, and promote the integration of large, medium, and small enterprises, upstream and downstream matching, and front-end and back-end closed loops in artificial intelligence development, creating a first-class environment and providing optimal services for high-quality industrial development. (Southern Plus)