Global Overnight News: Dow and S&P 500 Reach New Highs; Samsung Unveils 3D Memory Roadmap

Huo Xing Finance News: 1. U.S. stocks opened and closed higher, with all three major indices posting gains. The Nasdaq rose 2.59%, the S&P 500 increased 1.79%, and the Dow Jones gained 1.71%. Both the Dow and S&P 500 reached new all-time highs. The Philadelphia Semiconductor Index surged 6.5%, marking its fourth consecutive trading day of gains, after plummeting 20.6% in July. 2. Samsung unveiled a new 3D memory roadmap: zHBM will be vertically stacked atop AI accelerators, with wafer bonding technology expected to achieve over ten times the storage density of traditional HBM5 memory. 3. SpaceX reported Q2 revenue of $7.8 billion, a 92% year-over-year increase, surpassing the expected $6.81 billion; adjusted EBITDA for Q2 reached $3.5 billion, up 191% year-over-year, exceeding analyst expectations of $2 billion. 4. AMD reported Q2 revenue of $11.54 billion, a 50% year-over-year increase, above the estimated $11.31 billion; adjusted EPS for Q2 was $1.66, up 246% year-over-year, exceeding the estimated $1.62. 5. SpaceX stated it is collaborating with NVIDIA to design satellite computing payloads, with each Starlink satellite equipped with NVIDIA’s Rubin GPU and Vera CPU. 6. Musk announced that GROK 4.6 is expected to launch next week, with GROK 5 planned for release this year. SpaceX anticipates its computing capacity will exceed 2 GW by year-end and could approach 10 GW by the end of 2027 rather than 5 GW. He also noted that this year, SpaceX will attempt to recover both the first and second stages of Starship V3. 7. AMD CEO Lisa Su expects data center sales to double by 2027 and plans to launch rack-scale products by 2027. 8. NVIDIA announced that Alpamayo 2 Super is now available for commercial use. 9. Microchip Technology, in collaboration with Micron Technology, demonstrated a high-performance PCIe® Gen 6 storage architecture designed for AI and data center infrastructure. 10. The world’s smallest GPU chip, TinyGPU v2.0, has reportedly passed real-world testing. The chip contains approximately 240,000 transistors, features 4-bit double buffering, and an 8-bit depth buffer stored in QSPI RAM. 11. Webull launched a multi-asset trading and automation CLI tool, introducing native connectors for ChatGPT, Claude, and Grok. 12. Amae and Google Health will integrate wearable device data. 13. Amazon is facing a lawsuit from New Jersey over issues related to its delivery partner program. 14. JPMorgan Chase is reportedly close to finalizing a deal to acquire Antin’s French regional refrigeration network provider. 15. Iranian Foreign Ministry Spokesperson Nasser Kanaani stated on the 4th that Iran is still negotiating with Oman regarding the Strait of Hormuz, with “positive progress” achieved on both technical and political levels. 16. Iran is reportedly considering allowing European parties to clear mines from the Strait of Hormuz. 17. Reports indicate the White House does not intend to publicly release its new framework for evaluating advanced AI models. 18. A Morgan Stanley report noted that open-weight models, by reducing AI usage costs, could stimulate broader enterprise adoption, driving increased demand for tokens, computing power, and electricity; regardless of changes in model openness, NVIDIA and others are likely to benefit. 19. Survey results show OPEC’s oil production increased by 1.16 million barrels per day in July to 19.44 million barrels per day, with significant increases from Kuwait, Saudi Arabia, and Iraq. 20. International crude oil futures settled more than 5% lower. The September WTI crude oil futures contract settled down 5.69%, while the October Brent crude oil futures contract settled down 5.26%. 21. COMEX gold futures rose 1.07% to $4,134.2 per ounce; COMEX silver futures climbed 3.27% to $59.75 per ounce. (Caixin Global)