Markets desk

Mon 31 Aug 2026 7:30 HKT

Last cash is Fri 28 Aug. Mon 31 KRX still PREOPEN (09:00 KST) — not a live gap. Paper only. Shorts UNKNOWN (data.krx login-walled).

watchlists AJ Outlook still dark. @alojoh MRVL post-Q2 HC memo follow-up Y. RIVN CFO chatter skip (N). NVDA 27 Aug HC still live. Rest unchanged: MU, XPEV, META booked, AMD, ORCL wait, TSLA caution, EOSE avoid, SPCX watch. Korea attractive list empty besides Hynix desk.

news Asia news below is still the Fri 28 pack. No Monday headlines sourced this run — do not treat the cards as Mon tape.

X Leftover Fri 28 tape still inside 60h (Monday exception). Last pack 28 Aug 21:45 HKT: Jukan TrendForce Rubin ASP / CXMT 1H / Samsung NVHBM; AJ MRVL post-Q2 memo; evening kept, not re-NEW. Do not invent tweets. Not a Monday morning scan.

DART no 000660 유가 row. One DART 28 Aug 대규모기업집단현황공시 rcpNo 20260828000879 (공정위, not a KRX 유가 row). Kolon Global 003070 fatality + partial work-stop stays (inside 60h). English + why kept on cards already on the page.

funding Perps from fill only. SKHYUSDT 159.86 vs xyz:SKHY 159.67; SKHYNIXUSDT 1202.50 vs xyz:SKHX 1195.9. Two books stay split. Fade still vetoed. Paper.

Hynix Fri 28 cash 000660 1,653,000 (−4.45% / −77k) V 3,531,892. For −190,235 / Inst −796,000 / Ind +339,503 (Naver labeled KRX). shorts UNKNOWN. SKHY RTH 161.04; AH UNKNOWN (US closed). FX 1,372.50. prem vs RTH +33.71% (1:10). KIND 28–31 none. Seoul paper rule did NOT fire (−4.45% / +33.71% vs ≤−8% / ≥+40%). Cash PREOPEN — not a live gap.

1 death at Cheongju Dongnam public-housing site (fall 11 Aug, died 29 Aug); partial work-stop

What: Worker fell 11 Aug while taking down safety railings to put up vertical nets at a rest area on the Cheongju Dongnam public-housing job; died in treatment 29 Aug. 1 dead, 0 injured. Cheongju labor office ordered a partial work-stop at that site the same day. Police and MoEL still investigating. Parent Kolon 002020 filed the same as a sub notice. Friday close ₩9,920, ₩252bn cap. Pre-open, untraded.

Why down 3-8%, p≈55%: this is Serious Accident Punishment Act tape on a small public-housing builder, not lost output from one site. 3-8% not 8%+ because the stop is partial and there is no bid ban. 55% because 09:00 is the first cash print and the death is unambiguous, but the fall was 18 days earlier and there is no CEO charge yet.

DART

6-month public-sector bid ban on ~98% of sales (₩255.9bn / ₩261.0bn)

What: PPS sanctioned them as an unfair contractor. Barred from national, local, and public-institution bids 4 Sep 2026–3 Mar 2027. Those customers are ₩255.9bn of ₩261.0bn sales (98%). 2025 audit was an opinion refusal, so the sales base is 2024. They may appeal.

Why down 8%+, p≈70%: this is the new-contract pipeline, not one lost customer. For a ₩97bn name that is operational. 8%+ is the floor because 98% of sales plus a thin book, printed after close so Monday is first tape. 70% not 90% because an appeal could leak a stay and the 2025 opinion-refusal already had hair on the name.

DART

53rd CB fully converted: 2.4m shares (~13.9%) at ₩2,500 / ₩6.0bn; list 11 Sep

What: Holders converted the entire ₩6.0bn 53rd private CB into 2.4m new shares at ₩2,500. That is 13.9% of the 17.3m share count. Listing 11 Sep. Zero left unconverted. Close was ₩1,481, below the ₩2,500 strike — they converted anyway. Session already +9.2%.

Why down 8%+, p≈55%: 14% new paper on a ₩26bn microcap is a float shock into list week. Bearish because supply hits a thin book, even though the strike is out of the money. 8%+ is list-week, not necessarily Monday. 55% because listing is two weeks out and today’s +9% already mixed the tape.

DART

₩5.39bn cash for 40% of Canada newco NaviComm (17.7% of equity) + ₩3.0bn short-term debt

What: ₩5.39bn cash for 40% of NaviComm Inc., a Canada company set up 10 Aug with blank financials, related to parent Kyungdong Navien. That is 17.7% of Commax equity. Same day they raise short-term debt ₩29.2bn → ₩32.2bn for working capital. Pay-in 2 Sep. No put, not a backdoor listing. Close ₩2,885 flat, ₩126bn cap.

Why mixed 1-3%, p≈35%: headline is global distribution, but it is related-party cash into a two-week-old shell with no P&L, plus extra leverage. Not control (40%) and not a third-party operating buy. ₩5.4bn is ~4% of mcap so 1-3% not 8%+. 35% because the sign is mixed and Monday can go either way.

DART

₩36.0bn cash for 8.01% of affiliate HLB Innovation (024850) via 3rd-party; 12.1% of equity, pay 7 Sep

타법인주식취득. 에이치엘비이노베이션 2,764,127주 / ₩36.00bn. 자기자본 대비 12.09% · 자산 7.53%. 취득후 8.01%. 제3자배정 현금, 납입 7 Sep. 목적 계열사지분·기업가치. 대상 2025 매출 ₩32.3bn / NI −₩33.7bn. 내재가 ₩13,025 vs 024850 close ₩14,760. Close 067630 ₩2,645 (+0.19%) mcap ₩322.5bn vol 180k — printed 16:00 after cash close, Monday open.

DART

Cancel already-held treasury 231,974 sh (~5.30%) / book ₩11.73bn on 4 Sep

주식소각결정. 기취득 자사주 231,974주 / 발행 4,378,709주 → 5.30%. 장부 ₩11.73bn. 신규 매입 없음. 소각예정 4 Sep (변동 가능). 상법 343조① 이사회, 자본금 불변. 모회사 자회사공시 20260828800502 동일. Live ₩55,800 (+3.72%) mcap ₩244.3bn vol 8.3k — printed after cash close, Monday open.

DART

Cancel already-held treasury 275,837 sh (~6.53%) / book ₩16.69bn on 4 Sep

주식소각결정. 기취득 자사주 275,837주 / 발행 4,224,646주 → 6.53%. 장부 ₩16.69bn vs live ₩28.77bn. 신규 매입 없음. 소각예정 4 Sep. 상법 343조① 이사회, 자본금 불변. 자회사 KPX케미칼도 같은 패키지. Live ₩104,300 (+2.56%) mcap ₩440.6bn vol 5.9k — after cash close, Monday open.

DART

Cancel-purpose buyback trust ₩15.0bn (~3.6% / ~996k sh) via Kiwoom through 28 Feb 2027

자기주식취득신탁계약체결결정. ₩15.00bn / 키움증권 / 2026-08-28~2027-02-28. 목적 소각. 취득예정 996,016주 (27 Aug 종가 ₩15,060 기준). 상장 27.46m주 → ~3.63%. 시총 ~₩415bn → ~3.6% mcap. 취득전 자사주 0. 이사회 28 Aug. Printed into cash close — next open is the cleaner tape.

DART

3rd-party raise 1.51m sh / ₩3.00bn (~8.1% dil) @ ₩1,981 (−10%); 1yr lockup; new-biz WC

유상증자결정. 보통주 1,514,385주 @ ₩1,981 = ₩2,999,996,685. 증자전 18,639,195주 → 희석 ~8.12%. 제3자배정. 기준주가 ₩2,201 · 할인 10%. 운영자금(신규사업) ₩3.00bn. 납입 23 Sep · 상장예정 21 Oct. 1년 보호예수. 배정: 주건테크 / SHEEN POWER / JOY BILLION. Live ₩2,375 (+10.21%) mcap ~₩44.3bn — session already ripping so residual same-session messy vs overnight dilution reset.

DART

Parent put on Robotics CPS: 6yr IPO clock, IRR 4% base / 15% listing penalty; max exercise >10% assets

풋백옵션등계약체결결정. 원익로보틱스 CPS 13,707,750주(₩350.0bn) 전부에 대한 부모 현금 풋. 그로스솔루션1호 28 Aug 예정 + KDB 납입 전. 상장 6년(1년 연장 1회). 콜 우선(만료 후 6개월); 미행사 시 풋 IRR 4%. 상장 위약 IRR 15% vs FMV 높은 쪽; 기타 위약 IRR 10%. 최대 행사가액이 직전연도 연결자산 10% 초과. Live ₩21,550 (+6.42%) mcap ₩1.664tn — session high ₩24,700 so CPS pop already in tape.

DART

Sub Wonik Robotics ₩350.0bn 3rd-party CPS (KDB + Growth Solution); parent put option pending

종속 원익로보틱스 제3자배정 CPS 13,707,750주 @ ₩25,533 = ₩350.0bn. 그로스솔루션1호 + 산업은행(첨단전략산업기금). 시설 ₩183.9bn + 운영/R&D ₩86.1bn + 타법인 ₩80.0bn(미정). 납입 20 Nov (변경 가능). 부모 풋옵션 별도 공시 예정. Live ₩20,600 (+1.73%) mcap ₩1.59tn.

DART

Nantong Huadong crane-control PO ₩13.74bn (11.78% of 2025 sales) through Sep 2027

단일판매ㆍ공급계약. ELECTRICAL CONTROL SYSTEM FOR CRANE. NANTONG HUADONG HEAVY MACHINERY (중국). 확정 ₩13,743,233,010 (USD 9,956,700 @ 1,380.30). 2025 연결매출 ₩116.63bn 대비 11.78%. 기간 28 Aug 2026–15 Sep 2027. 선수금 10% TT / 선적 70% / 시운전 후 20%. 자체+외주. 3년 동종 해당. Live ₩44,950 (+1.93%) mcap ₩231.5bn — session high ₩47,400 so partial in tape.

DART

Changwon A-lot: ₩27.0bn of ₩34.5bn land sale received today; close 4 Sep

기재정정 유형자산양도(원 15 Apr 2025). A필지 창원 신촌동 71-1 42,308.9㎡. 장부 ₩59.66bn / 2024 연결자산 ₩513.40bn = 11.62%. 실거래 ₩34.50bn. 금아하이드파워. 2차 중도금 ₩27.00bn 당일 수령, 잔금 ₩0.60bn 4 Sep. 관련 B필지 71-5 실거래 ₩20.40bn 처분일 4 Sep. Live ₩2,595 mcap ₩40.5bn.

DART

GLM-5.3 FULL weights still gated into Fri 28 Aug — no overnight drop

At ~07:50 HKT Fri 28 Aug, zai-org/GLM-5.3 remains an “Upcoming release” page dated August 28, 2026 with a live countdown (~15 hours remaining when checked; ~524 waitlist). Planned artifact is still only zai-org/GLM-5.3. The 14 Aug z.ai blog still says full weights will be public “soon in two weeks” after safety hardening; no new overnight blog confirming a drop. GLM-5.3-Flash weights remain available under MIT.

Watch HF + z.ai through the Fri session. Full open weights would be the next China-AI catalyst after Flash; until the repo flips from Upcoming, treat as still gated. HK tape (02513) already repriced Flash on Thursday (see SCMP).

Hugging Face

Zhipu (Z.AI) +12% to HK$1,160 as Ox Alpha unmasked as GLM-5.3-Flash on 100k China chips

SCMP: Zhipu said GLM-5.3-Flash (stealth-tested as Ox Alpha) ran entirely on a cluster of 100,000 domestically produced chips; OpenRouter/OpenCode processed ~62 trillion tokens before the formal Wed release; OpenRouter first-3-day volume >11T tokens (platform’s biggest launch). OpenRouter Thu data: model #1 among coding systems at 10.3T tokens (~31% of weekly volume). Zhipu shares closed >12% higher at HK$1,160 on Thursday.

NEW vs prior Flash-MIT note: Thu equity reprice plus explicit domestic-silicon inference scale. China AI inference path less NVDA-dependent. Watch MiniMax/Zhipu into Fri and any NVDA-China share-loss narrative.

SCMP

SK hynix breaks ground on Indiana HBM advanced-packaging hub

Yonhap, West Lafayette 27 Aug: groundbreaking for first US next-gen HBM advanced packaging fab; investment estimated >US$4bn. Cleanroom targeted by Oct 2028; mass production of next-gen HBM from 2H 2029 with HBM4E volume from 3Q 2029; annual capacity “hundreds of thousands of wafers”; ~1,000 staff at commercial ops. Korea-made wafers ship to Indiana for packaging/test then “made-in-USA” supply to US big tech (e.g. Nvidia). CHIPS Act: up to $458m grant + $500m loans. CEO Kwak Noh-Jung, SK VCs, Amb. Kang, Ind. Gov. Braun, Sen. Todd Young attended. Company newsroom dated Seoul 28 Aug.

Structural US HBM node for the NVDA ecosystem. Long-dated (2028–29) but politically sticky — supportive for the SKHY/000660 friendshoring premium, not a same-day DART. Wafers still made in Korea.

Yonhap

KOSPI +1.53% to 6,912.37 on NVDA; faded after BOK hike. Hynix +2.49%

Yonhap LEAD, Seoul 27 Aug: KOSPI closed +104.16 pts / +1.53% at 6,912.37 after opening +2.76% to 6,996.12 on the NVDA beat, then trimming on the BOK hike. Volume light: 265.5m shares / ₩22.5tn. Losers 537 vs winners 316. Retail net sold ₩1.91tn; foreigners + institutions combined net bought ₩318.2bn. Samsung Electronics +1.72% to ₩266,000; SK hynix +2.49% to ₩1,730,000. Won ₩1,380.9/USD as of 15:30, up ₩3.9. Daishin: seesaw between Nvidia and the BOK board.

First Seoul cash reprice of the NVDA print was constructive for 000660/Samsung but faded from open highs into the hike. Foreign/inst still net buyers vs heavy retail. Do not treat Fri PREOPEN as a live gap.

Yonhap

SK to sell 49% of Ulsan AI data center to KKR + Korean PE for ~$2.2bn

KED: SK Group to sign SPA selling 49% of the SK–AWS Ulsan AI DC — KKR 29%, IMM Investment + Stonebridge 20%; SK Telecom keeps 51%. ~₩3tn ($2.2bn); ~₩1.2tn via capital increase; post-deal EV up to ₩7tn. SKT/SK Broadband boards expected Thursday to approve SPA + DC spinoff. Mipo, Ulsan: ~40 MW 2027 → ~100 MW 2029; ~60k GPUs; path to 1 GW. Group still targets up to 15 GW AI DC by 2035. Rest of some KED pages paywall after the lede; this item’s body was retrieved.

De-risks SKT AI-infra capex and brings global PE into a Korea GPU build. Supportive SK-ecosystem overlay (memory pull), not a 000660 filing. Parent of SK Hynix, not the chipco itself.

KED Global

NVDA: first H200s to China, but <1% of DC sales; Q3 still assumes $0 China DC compute

SCMP: Nvidia confirmed first H200 data-centre shipments to China under US licenses after months of lockout; sales <1% of ~$89bn Q2 data-centre revenue. Prior quarter had zero China Hopper DC shipments. Q3 revenue guide $108bn ±2% still assumes no China data-centre computing revenue. Separate notes: ~$400m H200 inventory charge over the past six months as China blocked full licensed volume.

NVDA-China reopening is optically positive but numerically tiny and not in the guide. Keeps a premium on domestic China AI silicon (Zhipu 100k-chip claim) and on Korean HBM demand outside China.

SCMP

BOK hikes +25 bp to 3.0% (2nd straight); lifts 2026 growth to 3.3%

Yonhap 3rd LD: Base Rate 2.75% → 3.0% (highest since Jan 2025); first back-to-back hikes since Jan 2023. 6–1 vote (Hwang Kun-il dissented for a hold). Growth outlook raised to 3.3% for 2026 from 2.6% (2027 2.9%); CPI forecasts kept at 2.7%/2.3%. Gov. Shin: preemptive vs inflation/financial-stability risks; forward-guidance chart skewed toward another move to 3.25% over the next ~6 months. Won still “very weak” historically; a stronger won is desirable.

Chip-export strength funds a hawkish BOK even as KOSPI rallied on NVDA. Higher-for-longer KR rates and a stronger-won bias are the overlay on 000660/Samsung into the Fri open.

Yonhap

NVDA +8.7% overnight; HSI still range-bound. MiniMax +3.83%, Z.AI led

HKET invest live strip 04:02 28 Aug HKT: Nvidia +8.7% after the print, SOX +2.3% to 11,882. HSI full-week range still <400 pts. Separate 28 Aug columns (AI hardware rebound, “semiconductor prices hard to fall”) sat on the homepage; full bodies not retrieved. Thu HK close (secondary, because HKET CloudFront blocked a full crawl): Hang Seng −87.23 pts / −0.34% to 25,565.74; HSTECH −0.13% to 4,620.29. Z.AI (02513) +12.62%; MiniMax-W (00100) +3.83%.

US AI-hardware bid overnight vs a sleepy HSI. China AI listed complex diverged (Zhipu/MiniMax). Fri watch is GLM-5.3 full-weight gate plus the Seoul open, not a HSI break.

HKET

SKHYUSDT vs SKHYNIX/10 premium + BN funding

Share-equivalent hedge is 10 SKHY per 1 SKHYNIX. Dollar hedge leaves leftover Hynix beta. Indiana is packaging, not a convert-arb print.

31 Aug ~07:05 HKT (fill). Perps from fill only: SKHYUSDT 159.86 vs xyz:SKHY 159.67; SKHYNIXUSDT 1202.50 vs xyz:SKHX 1195.9. Two books stay split. Fade still vetoed. Paper.

Seoul paper rule did NOT fire on Fri 28 (−4.45% / +33.71% vs ≤−8% / ≥+40%). Cash 000660 PREOPEN 09:00 KST — not a live gap. Paper only.

Ticker	Follow	Note
NVDA	Y	Still live. AJ HC 27 Aug deep-dive: updated outlook, “is now the time to buy?” Public tape has no new numbers. FQ2 EPS $2.22 vs $2.09 still the print. AJ bought the AH dip 27 Aug.
MRVL	Y	Follow-up Y. @alojoh post-Q2 HC memo (“Is now the time to buy Marvell?”) after −8%+. X 28 Aug 16:25 HKT. Card: ajinvestmentresearch.com/marvell-mrvl-post-q2-2026-investment-memo/
MU	Y	Cheapest PEG in 22 Aug AJ article. China-memory export (YMTC/CXMT) still the overlay. CXMT high-k DRAM MP in the 27 eve tape.
XPEV	Y	AJ $12.20 / long-XPEV deep dive + VLA 630. LiAuto GM crush is the China-auto overlay, not a new XPEV print.
META	booked	AJ sold 598 26 eve. KED: Meta sounding out ≥₩1tn KRW bond in Korea for AI spend — credit/FX, not a new long.
AMD	Y	Corridor entries after the dump. Jalapeño still a merchant-GPU headwind.
ORCL	Y	Wait, don’t chase.
PLTR / AAPL	N	Expensive growth. Unchanged.
EOSE	avoid	AJ red flags
TSLA	caution	Cybertruck +6–7% after volume collapse; sells at ~cost. Unchanged.
RIVN	N	Skip. @alojoh CFO commentary 30 Aug is personnel chatter, not a buy/sell memo.
SPCX	watch	AJ follow-up unchanged.

AJ Outlook still dark (MCP not connected). Source @alojoh: MRVL post-Q2 HC memo follow-up Y; RIVN CFO skip N; NVDA 27 Aug HC still live. Rest of list unchanged from 22 Aug extract + 26 eve META/LI.

Last cash Fri 28 Aug. Mon 31 PREOPEN 09:00 KST — not a live gap. Attractive list empty besides Hynix desk. 000660 1,653,000 (−4.45% / −77k) V 3,531,892. For −190,235 / Inst −796,000 / Ind +339,503 (Naver labeled KRX). shorts UNKNOWN (data.krx login-walled). SKHY RTH $161.04; AH UNKNOWN (US closed). FX Yonhap 15:30 ₩1,372.50. prem vs RTH +33.71% (1:10). KIND 28–31 none. DART 28 Aug 대규모기업집단현황공시 rcpNo 20260828000879 (공정위, not KRX 유가). Seoul paper rule did NOT fire.

Prior Thu 27 (not live): KOSPI +1.53% to 6,912.37 (Yonhap). Opened 6,996.12 then faded after BOK +25 bp to 3.00%. Retail −₩1.91tn; foreign+inst +₩318.2bn combined. Samsung +1.72% to ₩266,000. SK hynix Indiana HBM packaging groundbreaking (Yonhap, filed 28 Aug KST). SK Group to sell 49% of Ulsan AI DC to KKR/IMM/Stonebridge ~$2.2bn (KED) — parent/SKT, not 000660.

Wed 26: KOSPI +0.97% to 6,808.21 on buybacks. Tue 25: +0.68% / foreigners −₩3.82trn. Mon 24: KOSPI −3.12%, Samsung −8.7% on ₩90–110tn return. Last week 17–21 Aug: Liberation Day Mon; Wed crash then Thu bounce after ₩40조 buyback/cancel. No Friday KOSPI print sourced this run.

TrendForce: Vera Rubin ASP ~2× GB300; GB300+VR stack ~$710bn next year

TrendForce via Jukan: Vera Rubin ASP expected at ~2× GB300. Combined production value of GB300, VR200, and VR300 next year projected at ~$710bn.

Tape: AI-GPU ASP/unit step-up. Supportive HBM/SKHY bit demand even if HBM-per-GPU mix shifts. Street size print, not a DART.

tweet

CXMT 1H26: RMB150bn rev (+873%), RMB77.6bn profit swing

CXMT 1H26 revenue RMB150.31bn (+873% YoY). Net profit RMB77.61bn vs a RMB2.33bn loss in 1H25 (1Q alone RMB33.01bn). Zephyr QT: revenue still +60–90% in H2 2026.

Tape: China DRAM catch-up is real P&L now. Mixed/negative medium-term for SKHY/Samsung commodity DRAM; HBM remains the SKHY moat. Folded Zephyr 19:58 QT + source reply.

tweet

Galaxy Z Fold 8 ramp hits DDI crunch at UMC 22nm

Korean media via Jukan: Samsung ramping Fold 8 on strong demand, but DDI supply is tight — UMC 22nm for the Fold 8 DDIs is fully utilized; Samsung asked for “super” priority. Also tapping next-year development volume.

Tape: handset demand + foundry/DDI bottleneck. Mild Samsung overlay; not a HBM/000660 print. Folded zdnet source reply.

tweet

AJ MRVL post-Q2 memo out; −8%+; “is now the time to buy?”

AJ published the Marvell updated-outlook deep dive. Share down >8%. Assesses new earnings path, risks, and whether to buy. Notes NVDA and Alphabet invested. HC-only numbers.

Tape: follow-up to the morning −11% / nailed-$0.94 avoid print. Public tape has the question, not the answer — do not treat as a fresh short.

tweet

[Exclusive] Samsung early lead in Nvidia NVHBM after HBM4

Jukan exclusive: Samsung Electronics poised as a key supplier for Nvidia’s customized HBM (“NVHBM”) after HBM4. NVDA pursuing a new AI-memory strategy for next-gen platforms.

Tape: core SKHY risk. Morning NVHBM/NVLink Fusion had AWS/Annapurna first; this puts Samsung in the early lead. Negative for 000660 sole-source narrative — watch share split. Not a DART.

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Japan MOF July MLCC exports: vol +20%, price −1% mom

Zephyr one-word QT of Japan MOF July trade stats: average MLCC export price −1% mom, volume +20%, value +19%. “Murata...”

Tape: volume upcycle with soft ASP. Pairs with 27 Aug SEMCO 4Q26 hike card — volume confirms, price not yet. Mild 009150/Murata overlay.

tweet

Panasonic hikes CCL prices on copper foil / glass fiber

Jukan: Panasonic raising copper-clad laminate prices on rising copper foil and glass fiber costs.

Tape: CCL/PCB cost pass-through. Supportive packaging-materials; pairs with morning Meritz GB200/300 CCL chain.

tweet

DIGITIMES: wire-bonding bottleneck into 2027

DIGITIMES via Jukan: AI server growth is stressing not only advanced packaging but traditional packaging too. Wire-bonding equipment tightening; IC design faces a 2027 bottleneck as demand outstrips TSMC advanced packaging and classic bond tools.

Tape: packaging capacity risk beyond CoWoS. Equipment bid; SKHY-adjacent OSAT/packaging overlay. Folded the second DIGITIMES link tweet.

tweet

Micron Taiwan strike support hits 80% (prelim)

QT dnystedt: support for a Micron Taiwan strike over bonus pay hit 80% in a preliminary survey. Parallel to Samsung May, when a last-minute deal averted a walkout. Jukan: “Taiwanese people, rise up!!”

Tape: MU labor risk in Taiwan. Watch deal vs walkout. Mild memory-supply overlay, not a SKHY DART.

tweet

Anthropic may want a training chip

Jukan one-liner: “It sounds like Anthropic may be interested in developing a training chip.”

Tape: custom-silicon rumor only. Longer-term NVDA attach risk if real; near-term noise.

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Leftover Fri 28 tape still inside 60h (Monday exception). Last pack 21:45 HKT. Not a Monday morning scan. Afternoon/morning cards kept, not re-NEW.

• NEW: Jukan TrendForce Rubin ASP ~2× GB300 / GB300+VR stack ~$710bn next year — AI-GPU/HBM demand bid.
• NEW: CXMT 1H profit bomb (RMB77.6bn; Zephyr H2 +60–90%) + Samsung early lead on Nvidia NVHBM — SKHY competitive pressure.
• NEW: AJ MRVL post-Q2 memo (−8%, “buy?”); Fold 8 DDI/UMC crunch; Zephyr Murata/MLCC Japan MOF July (vol +20%, price −1%).
• Home: WSJ AI capex holding the global economy; Reuters Iran oil $140 risk. Citrini/BowTied none market.
• Afternoon kept: Panasonic CCL, wire-bond 2027, MU Taiwan strike, AJ MRVL −11%/nailed $0.94.

Overall: mixed, confidence medium (Rubin/$710bn still bid AI-infra; CXMT + Samsung NVHBM are the SKHY overlays). JSON: x-feed.json