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Elon Musk may adopt FEL technology to challenge EUV lithography machines.

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SpaceX recently announced a partnership with Tesla, with an initial investment of $16.8 billion to build the Terafab chip facility in Texas, U.S. A blogger reported that based on updates from Terafab, Elon Musk appears to be adopting the "Free Electron Laser (FEL)" technology route to challenge ASML's LPP EUV light source and upend the traditional monopoly of EUV chip production technology. Musk's subsequent response seemingly confirmed this claim, as he posted the phrase "FEL FTW" (FEL For The Win). Judging from Terafab's slender factory design and Musk's reply, the facility will likely use FEL technology. While Musk's push for FEL is still a conjecture, it has sparked heated discussions among industry insiders. FEL boasts advantages such as high power, high coherence, tunable wavelength, and higher energy efficiency; theoretically, it can push lithography light sources from 13.5nm to 6nm or even shorter wavelengths. However, the massive accelerator system, cost, and mass production stability remain the biggest challenges for its industrialization. (Sing Tao News)

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Yushu Technology launches its new share subscription today, with an estimated profit of around 216,000 yuan per successful subscription lot.

Unitree kicked off its IPO subscription today. The latest pre-IPO perpetual contract for Unitree on Trade.xyz is quoted at $86.4, equivalent to approximately RMB 582.99. Based on the post-IPO total share count of around 404 million, the corresponding market cap is roughly $34.9 billion, or RMB 235.5 billion. Unitree’s IPO offering price is RMB 150.8 per share, with the pre-market contract price standing at about 3.86 times the offering price. The STAR Market IPO plans to issue 40.4464 million shares, accounting for 10% of the post-IPO total share count; one lot equals 500 shares, with a single lot subscription payment of approximately RMB 75,400. Calculated at Trade.xyz’s latest price, 500 shares are worth around RMB 291,400. After deducting the RMB 75,400 subscription payment, the potential profit per lot is roughly RMB 216,000, translating to a potential return of around 286% on the subscription amount. Additionally, as of press time, Unitree’s 24-hour trading volume on Trade.xyz stands at $1.62 million, with open interest reaching $7.72 million. Trading activity still has room to rise, and there remains uncertainty regarding future pricing.

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This whale sold another 1,019 $BTC($66.4M) 7 hours ago. Over the past 3 weeks, this whale has sold a total of 7,513 $...

This whale sold another 1,019 $BTC($66.4M) 7 hours ago. Over the past 3 weeks, this whale has sold a total of 7,513 $BTC($486.9M).

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Coinsbuy hacked, over $7.9 million in assets stolen.

According to monitoring by Specter, wallets linked to crypto processing platform Coinsbuy were hacked on Ethereum and TRON, leading to the theft of over $7.9 million. The attackers subsequently laundered the stolen funds into Monero (XMR) via cryptocurrency exchanges. Coinsbuy stated that with support from ChangeNOW, it has successfully frozen six-figure amounts of the misappropriated funds. Following the incident, Coinsbuy temporarily suspended its deposit and withdrawal services, which have now been restored. Coinsbuy is a crypto processing platform primarily serving business users such as enterprises, merchants, and exchanges.

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TUT rallies again following sharp volatility, with over $45 million in daily liquidations – the highest across all crypto networks.

According to HTX market data, BSC ecosystem token TUT has rebounded again after significant 24-hour volatility. As of press time, TUT is priced at $0.221954, with a 51.69% gain in the past 24 hours. Separately, Coinglass data shows TUT has recorded over $45 million in liquidations today, leading all networks, including $41.53 million in short position liquidations.

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AI Boom Triggers MLCC Supply Crunch, Downstream Clients Compete to Sign Long-Term Contracts to Lock in Production Capacity.

Driven by strong AI demand, the passive components market is recovering, with multilayer ceramic capacitors (MLCCs) facing supply tightness. To secure supply, some customers are scrambling to place orders with major passive component makers like Yageo and Murata at two to three times the original price, sparking a bidding war where the highest bidder gets the goods, with lead times extended to 12–16 months. Yageo stated that MLCC demand is extremely robust, with production line utilization rates continuing to climb; this quarter, utilization for standard products will rise from around 80% to over 90%, while that for specialty products remains high, bringing overall operations close to full capacity. More and more AI-related customers are seeking to lock in production capacity for half a year or even years in advance via long-term contracts to reduce supply risks. The company is responding by expanding production sites in Kaohsiung, Suzhou, Vietnam, and Mexico. Industry sources note that large MLCC manufacturers prioritize major clients and long-term partners, leaving small and medium-sized customers with squeezed supply, forcing them to bid up prices to secure goods. Japanese giants Murata and Taiyo Yuden have also revised their outlooks upward, noting that demand for AI servers and data centers has exceeded expectations, driving increased usage of high-capacitance products.

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Trump announces Will Scharf will serve as presidential assistant and White House Counsel.

Local time August 9, US President Donald Trump announced via social media that current White House Secretary Will Scharf will take up the posts of Assistant to the President and White House Counsel starting September 1, succeeding David Warrington. Trump stated that Scharf performed excellently during his tenure as White House Secretary, adding that he previously served as Chairman of the National Capital Planning Commission. It is reported that Scharf helped push the commission to approve the hundreds-of-millions-of-dollars White House Ballroom project. (CCTV News)

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