Hygon plans to enter the edge AI market and accelerate the construction of a full-stack autonomous computing system.
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Analysis: The AI investment boom is cooling down, and the market is reassessing the sustainability of chip and data center spending.
According to Odaily Odaily, the AI infrastructure investment boom is cooling down, and the market is beginning to reassess the sustainability of chip and data center spending. As investors re-examine whether AI infrastructure investment can be sustained, "AI deals" covering the semiconductor, memory chip, and data center industry chain are showing signs of cooling. Recently, AI-related chip stocks such as Micron Technology (MU) and SanDisk (SNDK) have been under pressure. Samsung Electronics previously reported record second-quarter results, but revenue fell short of market expectations, causing its stock price to drop nearly 7%, dragging down the entire AI chip sector. Market concerns are growing that the current AI boom, driven by GPUs, high-bandwidth memory (HBM), and data center construction, may face repricing as cloud computing giants (Hyperscalers) may slow their investments in AI infrastructure. Meanwhile, South Korean memory chip giant SK Hynix's stock price has fallen about 25% from its all-time high ahead of its US IPO, which is also attracting some funds away from existing chip stocks. Analysts point out that after SpaceX's massive IPO boosted valuations of AI-related assets, investors are reassessing the growth logic for the next phase of the AI market. If the AI investment fervor cools further, some funds may flow back from the AI industry chain to other risky assets, including crypto assets. (CoinDesk)
Opinion: South Korea has not yet truly entered the stablecoin market; it needs to first answer why it is worthwhile to use it.
According to Odaily Odaily, Yoon Seung-sik, head of Tiger Research, stated that the South Korean won stablecoin market does not yet have a real place, not because it lacks potential, but because South Korea has not yet experienced enough market practice and discussion. Unlike the United States, which has undergone years of trial and error, regulation, and market evolution in the field of stablecoins, related discussions in South Korea are just beginning. South Korea's financial infrastructure is already very well-developed, and the real challenge lies in answering "why consumers need to use won stablecoins." Yin Chengzhi believes that the core keywords for the digital asset industry in the first half of this year were stablecoins, tokenization, and RWA. While AI Agents and DeFi have long-term potential, they are still far from large-scale implementation. Stablecoins and tokenization, on the other hand, have accumulated numerous global case studies, driving more institutions to accelerate their entry. It is expected that the digital asset market in the second half of the year will continue to focus on regulatory developments, the actual effectiveness of stablecoins and RWA implementation, and new retail market narratives. (Etoday)
The world's first fully automated robotic pharmacy has been launched, securing $12.6 million in funding to accelerate its commercialization.
Mars Finance reports that Queue, a California-based startup, recently launched the world's first fully automated robotic pharmacy. This technology comes at a time of severe labor shortages and a growing "pharmacy desert" in the United States. Simultaneously, the company announced it has successfully raised $12.6 million, which will be used to accelerate the research and deployment of the automated system. (Cailian Press)
The world's three largest storage giants have entered a "technical bear market".
Mars Finance reported on July 8th that Micron Technology, Samsung Electronics, and SK Hynix, the three giants of AI storage that once led the market boom in 2026, have all fallen by more than 20% (in nine trading days) from their closing highs on June 25th, officially entering a technical bear market. (Wide Angle Observation)
Analysis: South Korean stocks have plummeted more than 20% from their peak and are poised to enter a technical bear market.
PANews reported on July 8th that, according to Jinshi, the South Korean stock market continued its decline, with the KOSPI index falling by more than 6% intraday, accumulating a drop of over 20% since its June peak, poised to enter a technical bear market. Samsung Electronics and SK Hynix fell by approximately 7% and 5% respectively, as investors reassess the prospects for AI demand. South Korea has been the world's best-performing stock market this year, but its over-reliance on two chipmakers makes it particularly vulnerable to shifts in industry sentiment. Leveraged ETFs amplified two-way volatility, further exacerbating market fluctuations. Despite Samsung Electronics' quarterly profit surging 19-fold this week, chip stocks continued their decline, highlighting that traders are demanding more evidence to justify the exorbitant investments across the entire supply chain. Fidelity International portfolio manager Ian Samson stated, "The current increased volatility stems largely from fundamental uncertainty."
Bitcoin enters ‘initial phase’ of new bull market, but $83K remains key: CryptoQuant
CryptoQuant says Bitcoin’s 24% rally has flipped key market indicators bullish, though rising profit-taking could bring near-term turbulence.