Latest progress on Changxin’s DDR5 products: 32Gb chips have been deployed, with MRDIMM reaching a maximum speed of 12800 Mbps.

Serenity wrote in a post that Jensen Huang is nearly irreplaceable for NVIDIA. This is comparable to the scenario where if Tesla lost Elon Musk, the company’s valuation and market confidence could collapse. Before the AI boom, Huang bet on CUDA and set out to build the Neocloud ecosystem; he locked in key supply chain capacity years in advance, and launched rack-level systems integrating components such as CPUs and network equipment. By investing in firms including Marvell (MRVL) and MediaTek, he turned the competitive threat from ASICs into new growth opportunities, competed with Broadcom (AVGO), while integrating these partners into NVIDIA’s NVLink ecosystem. These decisions demonstrate astonishing foresight. Huang almost single-handedly built the financial and industrial ecosystem surrounding the current AI investment boom. He grew NVIDIA from a startup to a giant with a market cap exceeding $5 trillion, and on this foundation, the company is still expected to achieve continuous growth, with an estimated future growth rate of 70% in fiscal 2028. It is also remarkable that it can sustain this growth expectation at such a massive scale. While we generally do not express negative views on companies, even if NVIDIA’s actual revenue or product roadmap does not undergo substantial changes in the next two years, simply replacing this representative figure of the AI investment wave and tech visionary could bring catastrophic impacts to NVIDIA’s long-term development.

Today, online rumors allege that NVIDIA's board of directors held a special meeting earlier this Wednesday local time, formally approving the resignation of the company's co-founder Jensen Huang as chief executive officer, and unanimously voted to appoint Indian-origin senior executive Jay Puri as the new CEO. The appointment will take effect after the board completes relevant handover procedures. As of press time, NVIDIA has not issued any such official statement, and Jensen Huang remains listed as CEO on the company's official website; no authoritative media has covered this incident. (Sina Technology)

According to official announcements, the Hong Kong Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) co-hosted a seminar yesterday, gathering over 200 financial industry stakeholders to exchange views on advancing Hong Kong’s tokenized ecosystem and boost industry collaboration. Held at the SFC’s offices, the seminar comes amid a series of recent developments in Hong Kong’s tokenized ecosystem, including the world’s first round-the-clock secondary market trading of public offering tokenized funds on a licensed virtual asset trading platform, and Ensemble(TX)’s new feature enabling 24/7 settlement of interbank tokenized deposits. Building on these latest developments, the seminar discussed multiple topics, including: opportunities tokenization brings to secondary market trading and corporate treasury management; financial infrastructure optimization measures to support payments and liquidity management; the role of virtual asset trading platforms in facilitating tokenized fund trading and providing liquidity; and use cases that can accelerate the broader adoption of tokenized currencies and tokenized investment products.

According to Bitget's market data, spot gold has fallen below $3,950 per ounce, with an intraday decline of 0.95%.

India-based veteran crypto exchange Unocoin stated that its current service suspension is due to proactive security precautions, aimed at giving its team time to complete necessary security checks. No user funds have been lost so far, and the exchange added that it will promptly update the public once progress is made in the follow-up investigation.

A hacker is selling suspected TSMC employee data on underground forums, claiming to hold up to 46,000 records totaling 6.9GB, priced at 3 Bitcoin, and even threatening to release all the data in full if no buyer is found within a week. In response, TSMC confirmed today that personal data of some current and former employees was leaked without authorization. Initial probes show the data matches information from a cloud service provider’s systems, though there is currently no evidence that TSMC’s own data systems were breached. TSMC stressed that the data in question is unrelated to the company’s production and customer information. The company has notified affected individuals, provided necessary assistance, and is working closely with the relevant cloud service provider, law enforcement agencies, and third-party cybersecurity firms to quickly clarify the incident’s cause and take necessary measures. (Source: Jiemian News)