King Ling Asset Management's Q2 U.S. equity holdings: exited positions in popular tech stocks such as Meta and initiated positions in AI computing infrastructure companies like ASML Holding
Jinglin Asset Management has filed its second-quarter holdings report (Form 13F) as of June 30, 2026.
NVIDIA targets the power provider behind OpenAI’s 'Stargate,' investing $3 billion for a direct stake
NVIDIA is reportedly planning to invest up to $3 billion in Lancium, a power infrastructure provider that supplies electricity to OpenAI’s 'Stargate' AI campus and has already secured 4 gigawatts of power capacity in Texas. The initial $2 billion investment would grant NVIDIA approximately a 20% stake, which would increase to around 30% following additional funding.
Jinglin Asset Management significantly reduced its holdings of popular technology stocks in the second quarter.
Gelonghui, August 8 | On August 7 local time, Jinglin Asset Management, a well-known private equity firm with assets under management in the tens of billions, disclosed its latest U.S. equity holdings as of the end of Q2 2026 (Form 13F). In the second quarter, Jinglin exited positions in popular tech stocks such as NVIDIA and Meta Platforms, and significantly reduced holdings in Intel, NetEase, and Alphabet (Google). By the end of Q2, Jinglin’s total U.S. equity holdings plummeted from USD 3.88 billion to USD 2.19 billion, a decline of 43%. While substantially trimming many existing positions, Jinglin also initiated stakes in select companies within the semiconductor supply chain, including AAOI (Applied Optoelectronics), a U.S.-based optical module manufacturer whose recent earnings exceeded expectations.
Firebird Launches CIS Region's Largest AI Factory in Armenia
Express News | Golden Midday Report | Key Developments from August 8 (7:00–12:00)
After AGI, Silicon Valley has found another justification for capital expenditure.
① The Chief Strategy Officer of Google DeepMind stated that RSI is becoming the core investment rationale behind AI capital expenditures. ② Both OpenAI and Anthropic have already placed bets on this direction. ③ “The arrival of RSI may come sooner than most institutions anticipate.”
Express News | Nvidia Will Get a 20% Stake in Lancium for the First $2 Billion Investment- the Information
Express News | Nvidia to Invest up to $3 Billion in Blackstone-Backed Power Firm Behind Stargate - the Information
JPMorgan: AI-related capital expenditures continue to expand; tech companies' bond issuance this year could reach USD 540 billion.
JPMorgan's latest report forecasts that bond issuance in the technology, media, and telecommunications sector will reach $540 billion in 2026, up from its previous estimate of $450 billion, marking a new record high.
Top 20 by Trading Volume | SpaceX surges another 16%, up 23% over two days since lock-up expiration; AI infrastructure provider Lumentum rises over 6%, set to report latest earnings after market close next Tuesday; memory stocks extend losses, with SanDis
SpaceX, which ranked first in trading volume among U.S. stocks on Friday, rose 15.83%, with a trading value of USD 30.212 billion. According to reports, SpaceX plans to build its own power generation facilities to supply electricity to the large semiconductor manufacturing plant it is jointly developing with Tesla in Texas, USA.
U.S. Markets Close | Weak Jobs Report Dampens Rate Hike Expectations; S&P 500 Hits New Record High. Software Stocks Surge, with Atlassian Jumping 35% Post-Earnings and Palantir Rising Over 10%. Gold Rebounds Strongly Above $4,300.
The S&P 500 rose 0.59% to close at 7,755.61, the Nasdaq Composite gained 1.28% to 26,686.48, and the Dow Jones Industrial Average advanced 0.28% to 54,036.93. All three major U.S. equity indices recorded their largest weekly gains since mid-April this week. Spot gold surged 2.3% to $4,336 per ounce. WTI crude traded at approximately $77.5 per barrel, while Brent crude was around $82.5 per barrel. The yield on the 10-year U.S. Treasury note stood at 4.65%.
S&P 500 Posts Weekly Gain as Tech Giants Surge
Two Reasons Why Nvidia's Stock Saw Its Biggest Weekly Surge in More Than a Year
NVIDIA Options Spot-On: On August 7th, 3.9 Million Contracts Were Traded, With 14.64 Million Open Interest
On August 7th ET, $NVIDIA(NVDA.US)$ had active options trading, with a total trading volume of 3.9 million options for the day, of which put options accounted for 33.6% of the total transactions,
The Unwind of Situational Awareness Isn't the Only Reason the AI Trade Is Back
10 Information Technology Stocks With Whale Alerts In Today's Session
Express News | OpenAI has paused development of its new model Astra over concerns that it possesses capabilities for critical cyberattacks.
SK Hynix, SpaceX, Doximity, Trade Desk, Rigetti, Coherent, and More Stocks That Explain Today's Market -- Barrons.com
AI debt frenzy faces 'indigestion' as Wall Street re-evaluates the surge in bond issuance by tech giants
Since the beginning of this year, technology giants such as NVIDIA and Amazon have raised over $200 billion in the U.S. investment-grade bond market to support AI infrastructure, marking a sharp year-over-year increase. This surge has led to widespread new-issue underperformance and weakness in the secondary market. To address this 'indigestion,' underwriters have adjusted their strategies—enhancing roadshows, targeting long-term investors, and proactively managing financing expectations to stabilize performance. Despite market pressures, demand for financing AI data centers remains robust, with an estimated $50–60 billion in new bonds expected to be issued after the U.S. Labor Day holiday, suggesting that supply-side pressure may persist.
Market Chatter: US Reviewing Chinese Firms' Offshore Access to Nvidia Chips