International News:

1. AMD announced a full-cash acquisition of Finnish AI startup Silo AI for approximately $665 million USD (about 4.8 billion RMB).

2. NVIDIA stated that the Sphere mega-dome in Las Vegas, USA, equipped with 150 NVIDIA RTX A6000 GPUs, is the world's largest LED screen venue.

3. The U.S. State Department and the Inter-American Development Bank have launched the "Western Hemisphere Semiconductor Initiative." Under this initiative, the ITSI Fund will provide $500 million USD over five years starting from the 2023 fiscal year.

4. U.S. presidential candidate Trump recently threatened Taiwan with protection fees. Chairman and CEO of TSMC, Wei Zhejia, stated that "TSMC's overseas layout will not change."

5. Special price frenzy breaking through low prices! On July 23rd, SLKOR brand's 1117-3.3 big promotion started hotly at two stores in Huaqiangbei, Shenzhen. Welcome new and old customers and friends to come for exchanges and receive fans!

6. Samsung Electronics announced that customized HBM is expected to become a reality with the HBM4 generation. Samsung Electronics is developing high-capacity HBM4 memory stacks up to 48GB, expected to commence production next year.

China News:

1. In the first half of 2024, there were 288 investment events in China's integrated circuit sector with a financing scale of 53.456 billion RMB.

2. "China's chip richest man" Yu Renrong founded and controls Weir Group, which is expected to achieve a net profit of 1.31 billion to 1.41 billion RMB in the first half of the year, a year-on-year increase of over 754%.

3. Allwinner Technology announced an expected net profit of 160 million to 195 million RMB for the first half of 2024, a year-on-year increase of 543.15% to 686.29%.

4. Sangle Electronics announced that its revenue for the first half of 2024 is expected to be between 1.87 billion and 2.2 billion RMB, a year-on-year increase of 18.13% to 38.97%. Net profit attributable to shareholders is expected to be between 93.5 million and 110 million RMB, a year-on-year increase of 876.88% to 1049.27%.

5. TSMC announced its second-quarter revenue for 2024 was 673.51 billion NTD, with a net profit of 247.85 billion NTD, and diluted earnings per share of 9.56 NTD.

6. Shandong's Dong'e County, known as the "hometown of Chinese gelatin," exploded with news of a "1.5 billion RMB investment to build an AI computing power center."