LG Chairman and Jensen Huang will meet in Silicon Valley next week, with plans to deepen cooperation in AI infrastructure and robotics.

Trade.xyz plans to allocate $3.45 million in fee revenue to buy HYPE, targeting a total of 59,000 HYPE tokens via eight TWAP orders.

According to Bitget market data, Hong Kong-listed artificial intelligence stocks continue to rally, with MINIMAX-W and Zhipu both surging over 15%, and GigaDevice rising 5.58%.

Pre-IPO perpetual contracts for Unitree on Trade.xyz have rallied sharply, briefly topping $83 and now trading at $81 (around 547 yuan), marking a 13.7% 24-hour gain. The corresponding post-listing market capitalization is roughly $32.8 billion (about 221.8 billion yuan). Per Unitree’s IPO issue price of 150.8 yuan per share confirmed yesterday, the stock is projected to deliver a 3.63x return for new investors post-opening. Unitree’s STAR Market IPO plans to issue around 40.45 million shares, representing 10% of its total share capital post-issuance. Each lot comprises 500 shares, with an estimated subscription payment of approximately 75,000 yuan per successful application. Based on Trade.xyz’s pricing, 500 shares are valued at 273,500 yuan, translating to a profit of roughly 198,500 yuan after deducting subscription costs.

Upbit to list KMNO/KRW trading pair. According to HTX market data, KMNO briefly hit $0.023, surging over 12% in 15 minutes.

After Robinhood Chain launched, its decentralized exchange (DEX) trading volume plummeted from a peak of roughly $878 million on July 11 to $241 million on August 1, marking a 72.5% drop. However, other core on-chain metrics rose across the board during this period: daily transaction count hit an all-time high of 13.3 million on August 5; total value locked (TVL) reached a record $433 million on August 6, while stablecoin supply also peaked at $597 million. The trading volume decline is not a market-wide trend: over the same period, total global DEX trading volume rose from $5.27 billion to $7.33 billion, while Robinhood Chain’s share of global DEX volume shrank from a peak of 16.65% to 4.32%. This points to a sharp contraction in average transaction value: DEX volume per transaction plummeted 74% from $105.56 on July 13 to $27.82 on August 4, before rebounding slightly to $39.07.

High-speed optical module manufacturer Applied Optoelectronics (AAOI) released its Q2 FY2026 financial results, reporting revenue of $191.9 million, up 86% year-over-year. The figure slightly beat the market consensus of $190 million, marking the fifth consecutive quarter of record revenue. Adjusted earnings per share (EPS) came in at $0.06, far exceeding the $0.01 expectation; Non-GAAP net profit reached $5.5 million, also well above the $1.7 million forecast. The return to Non-GAAP profitability this quarter is a key milestone for the company. AAOI’s gross margins declined year-over-year: GAAP gross margin stood at 27.7%, down 2.6 percentage points; Non-GAAP gross margin was 29.8%, down 0.6 percentage points. The company issued a conservative Q3 guidance: Revenue is projected between $255 million and $290 million, with a midpoint of ~$272.5 million, slightly below the market expectation of ~$278 million. Adjusted EPS guidance ranges from $0.11 to $0.26, significantly lower than the $0.28 consensus; Non-GAAP net profit guidance is $10.1 million to $24 million, below the $25.2 million forecast; Non-GAAP gross margin is expected to be 29% to 30.5%. AAOI emphasized that market demand remains extremely strong, and will continue to outpace the company’s production capacity through mid-2027, with capacity supply-demand imbalance being the core constraint.