ChainThink reports that on August 7, pre-market trading in U.S. equities awaited the U.S. July non-farm payrolls data, which is considered a key factor influencing the Fed’s interest rate decision in September.
According to market data, as of publishing, the Dow Jones futures are up 0.14%, the Nasdaq futures are up 0.6%, and the S&P 500 futures are up 0.27%.
U.S. President Trump will convene executives from select global mining companies at the U.S. Department of State on August 7 local time to discuss securing critical mineral supplies for the United States and its allies.
Pre-market, most leading tech stocks rose, with Micron Technology, SpaceX, and AMD all up over 1%, Cloudflare surging over 16% after earnings, and SanDisk rising over 2%.
On an individual stock basis, SK Hynix plans to invest approximately KRW 5.43 trillion (about USD 38.282 billion) to build two new wafer fabs in Yongin and Cheongju, South Korea, to expand production capacity for HBM, next-generation DRAM, and NAND. Its U.S.-based NAND subsidiary, Solidigm, is preparing for an IPO.
AAOI's second-quarter revenue reached $191.9 million, an 86% year-over-year increase. Data center business revenue surpassed $100 million for the first time, and 800G product revenue doubled sequentially.
According to sources, NVIDIA is testing multiple versions of the Rubin Ultra GPU, with some variants featuring less HBM memory than originally planned.
Alphabet plans to raise an additional $25 billion through bond issuance, with total order demand reaching approximately $115 billion. AMD announced the acquisition of AI inference chip startup Taalas; financial details of the transaction have not been disclosed.
Cloudflare's second-quarter revenue was $696.1 million, a 35.9% year-over-year increase, and adjusted earnings per share were $0.29, both exceeding market expectations.