BTC breaks through $70,000 again
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SK hynix US stocks surge to new highs, storage sector strengthens across the board! Goldman Sachs declares: The worst days are over
A Goldman Sachs research report ignited the storage sector, with SK Hynix soaring 7% on the US stock market in a single day to a record high. Micron and SanDisk also rose in tandem, outperforming the broader market. Goldman Sachs pointed out that a technical breakout in the storage sector, combined with low hedge fund positions, has shifted the "pain trade" direction upward. However, on the same day, the CEO of Kioxia poured cold water on the rally, stating bluntly that NAND "prices have risen enough." Amid this tug-of-war between bulls and bears, Micron's September 30 earnings report will be a key deciding factor.
Report: OpenAI expected to spend $750 billion on computing power by 2030! The company still states that "computing power is extremely insufficient"
OpenAI has raised its 2030 computing power expenditure forecast to $750 billion, an increase of more than 25% compared to the previous estimate of around $600 billion. Bottlenecks exist in multiple supply chain segments such as chips, electricity, and land. Whether massive orders can be converted into usable computing power on schedule has become a key test for the AI infrastructure sector.
Trump presses the Federal Reserve to "cut rates to save the economy," but the market is betting on a 60% probability of a rate hike in September
Ahead of the Federal Reserve’s September monetary policy meeting (scheduled for September 15-16), U.S. President Trump and senior administration officials have made intensive statements, urging the central bank not to raise interest rates and even calling for a cut in the benchmark rate.
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