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Requirement to accelerate expansion of storage production in the US; US Secretary of Commerce pressures Samsung and SK Hynix

Requirement to accelerate expansion of storage production in the US; US Secretary of Commerce pressures Samsung and SK Hynix

U.S. Commerce Secretary Howard Lutnick has publicly pressured Samsung Electronics and SK Hynix, urging the two Korean memory chip giants to accelerate their production expansion in the U.S. in order to address the global memory chip shortage. On July 10, according to Bloomberg, Lutnick made the remarks during

Micron’s additional 50 billion investment sends a real signal: the memory arms race is shifting from “burning money to build factories” to “locking in raw materials.”

Micron’s additional 50 billion investment sends a real signal: the memory arms race is shifting from “burning money to build factories” to “locking in raw materials.”

Micron Technology substantially expanded its investment in U.S. domestic manufacturing, raising its previously pledged commitment from $200 billion to $250 billion, reigniting market enthusiasm for AI-driven demand for memory chips. On Thursday, Micron Technology announced plans to increase its total investment in new U.S. factories to more than

Wall Street News Breakfast FM-Radio | July 10, 2026

Wall Street News Breakfast FM-Radio | July 10, 2026

Huajian Morning Voice Please upgrade to the latest version of the Jianwen app to successfully listen to the following audio. Market Overview Chip stocks boost U.S. stocks again, Nasdaq rises over 1%, second consecutive gain, S&P and Dow reverse two-day losing streaks; chip index closes up over

After the trading hours on the day the ban was lifted, $1.9 billion emergency fundraising launched: MiniMax takes a discount share placement + zero-interest convertible bonds to kick off the "survival battle" for computing power

After the trading hours on the day the ban was lifted, $1.9 billion emergency fundraising launched: MiniMax takes a discount share placement + zero-interest convertible bonds to kick off the "survival battle" for computing power

``` On July 9, the same night MiniMax’s share price plunged over 18% on the first day its restricted shares were unlocked, the company launched its largest refinancing since listing—a combination of a new share placement and zero-coupon convertible bonds, aiming to raise about $1.9 billion. This financing

The cooling AI boom drags down South Korea's stock market, while Nigeria becomes the best-performing stock market globally this year.

The cooling AI boom drags down South Korea's stock market, while Nigeria becomes the best-performing stock market globally this year.

``` As concerns about the sustainability of market demand for artificial intelligence heat up, investors continue to pull out of South Korea’s stock market, pushing the previously world-leading Korean stock market into a technical bear market. Meanwhile, Nigeria’s stock market has surged to become the world’s top performer

Former Federal Reserve Chairman Bernanke joins Anthropic's governance board, participating in oversight of AI risks and public interest.

Former Federal Reserve Chairman Bernanke joins Anthropic's governance board, participating in oversight of AI risks and public interest.

Former Federal Reserve Chairman Ben Bernanke has officially joined the Anthropic Long-Term Benefit Trust, providing governance endorsement for one of the world’s most valuable AI startups and sparking widespread market attention on AI governance and commercialization paths. In a statement on Thursday, Bernanke said: "The potential of artificial

PepsiCo CEO Issues Pessimistic Warning: U.S. Inflation Is Making a Comeback, Consumers Are Starting to Cut Spending

PepsiCo CEO Issues Pessimistic Warning: U.S. Inflation Is Making a Comeback, Consumers Are Starting to Cut Spending

``` PepsiCo's latest financial report and executive statements send a clear signal: U.S. consumer resilience is facing a new round of inflation challenges, and growth previously driven by promotions is becoming hard to sustain. On July 9, CEO Ramon Laguarta stated in the earnings announcement, Inflation in input