Data: Nvidia generates approximately $6 million in revenue per employee, ranking first among chipmakers.

According to Bloomberg, Core Scientific and AMD have announced an infrastructure partnership. AMD will obtain over 500 megawatts of U.S. computing power capacity, which can be expanded to 2.5 gigawatts in the future. Additionally, AMD will receive warrants to purchase Core Scientific’s stock at market price.

Another newly created wallet (0xfC2c) withdrew 10,000 $ETH($18.81M) from #Bybit.

Citrini analyst Jukan cited Fubon Securities' *2027 Semiconductor Outlook* report, noting that although HBM4 costs will jump sharply from HBM3e's $17–18 per GB to $31–32 per GB in 2026, pushing Nvidia's Rubin GPU price to roughly $78,000–$80,000, Nvidia will still maintain a high gross margin of 75%–80%, with its pricing power and cost pass-through capability remaining unshaken. The report also pointed out that custom ASIC-based HBM could have even higher costs, reaching $35–36 per GB, meaning HBM costs will double by 2027. Fubon Securities remains optimistic about AI market demand, arguing that despite recent concerns over AI inflation, token costs are a more critical factor driving cloud service providers' capital expenditures. At the architecture level, Nvidia's new rack is still planned to use the same number of compute chips, with scale-up within racks via cables and scale-out between racks via NPO/CPO. Additionally, Google plans to deploy 12 million to 15 million TPUs by 2028, with production capacity more than doubling from 2027 levels; Intel's EMIB production capacity is expected to rise to 24,000–25,000 units per month by the end of 2027, while TSMC is slowing SoIC expansion to prioritize scaling up CoWoS capacity. The core conclusion is that even with changes to its cost structure, Nvidia's pricing power, gross margin, and demand support in the AI computing ecosystem still form an unassailable competitive moat.

According to BIT (bit.com) market data, U.S. pre-market trading for Strategy’s perpetual preferred stock (ticker: STRC) stands at $88.1, down 0.26%, after closing 1.65% higher yesterday. Separately, Strategy has not added to its Bitcoin holdings for the fifth consecutive week. Yesterday, Strategy founder Michael Saylor emphasized that the company will not issue new STRC shares when its price is below $100. The firm has repurchased 288,930 shares of STRC preferred stock for a total of roughly $25 million, at an average repurchase price of $86.52 per share. Strategy plans to continue acting as a "regular and disciplined buyer": it will maintain repurchases of STRC when the price is below $100, increase buying volume when the price is far from $100, and scale back repurchases when the price approaches $100. Currently, Strategy still has approximately $975 million available for preferred stock repurchases. Funds for STRC repurchases will not be drawn from U.S. dollar reserves; instead, they will be raised via methods including selling MSTR stock and Bitcoin, depending on market conditions, with the goal of stabilizing STRC’s price around $100.

Rating agency Fitch Ratings has warned that the AI boom and its potential correction risks are emerging as a major global credit risk, amplifying concerns over surging tech valuations and unprecedented upfront spending amid uncertain future returns. So far, no other major rating agency has issued such a direct statement. In its third-quarter Global Risk Outlook, Fitch said credit conditions remain primarily exposed to two key near-term risks: growing vulnerability to corrections in AI-related markets, and persistent uncertainty tied to the U.S.-Iran conflict. Fitch reiterated recent warnings from global regulators that the AI boom is increasingly intertwined with economic growth and capital markets, particularly in the U.S., raising the risk of large-scale sell-offs. Fitch stated: "The scale of AI investment is so large that the economy and the entire capital market are significantly exposed to such a correction."

MSCI announced that Changxin Technology will be included in the MSCI China All Shares Index following its IPO listing, with the inclusion taking effect on August 10. The MSCI China All Shares Index, a comprehensive Chinese stock index compiled by MSCI, covers large-cap and mid-cap stocks across all China-related equity segments—including Shanghai and Shenzhen-listed firms, Hong Kong-listed companies, and Chinese stocks overseas (such as US-listed ADRs)—to fully reflect Chinese stock investment opportunities. Tracked by numerous global ETFs and passive funds, Changxin’s inclusion is expected to drive passive capital inflows.