Stored 'New Ghost Stories': Is the U.S. About to Seize Funds?

Deputy U.S. Trade Representative Rick Switzer explicitly argued that because substantial purchases by U.S. companies have driven profits for Samsung and SK Hynix, the United States is entitled to a share of those profits. Citing historical precedents involving Japanese semiconductors and **** flat-panel displays, CITIC Securities warned that once high profits earned by foreign firms are recharacterized by U.S. authorities, political intervention often follows. It highlighted two key signals to watch: whether major U.S. tech companies shift from securing locked-in supply agreements to publicly opposing price increases, and whether Washington invokes grounds such as 'monopoly' or 'price manipulation' to intervene.

wallstreetcn14:09

Kimi K3 debuts amid great anticipation; Morgan Stanley: China's cutting-edge large language models have achieved comprehensive catch-up, with breakthroughs simultaneously in scale, performance, and pricing.

On July 17, Yue zhi Anmian launched its flagship large model K3, which ranked among the top three globally in benchmark tests, drawing significant market attention.

wallstreetcnJul 17 21:52

Express News | The Ministry of Industry and Information Technology (MIIT) convened a symposium with major automobile manufacturers, urging them to firmly resist irrational competition and enhance product testing, validation, and safety assessment.

BreakingsJul 17 20:53

Reaching again into the pockets of South Korea’s chip giants: SK Hynix and Samsung may be required to share their 'excess profits' with the United States

In addition to urging Samsung and SK Hynix to build factories in the U.S., the United States has further proposed that South Korean chipmakers should share their profits, arguing that U.S. procurement has driven their profitability. If true, the U.S.-South Korea semiconductor rivalry has expanded from manufacturing investment to profit sharing, imposing new policy pressure on South Korea’s chip giants.

wallstreetcnJul 17 20:25

“Now is not the time to sell Samsung or SK Hynix!” Korea’s Meritz Securities: The market is mispricing them.

Analysts believe the supply shortfall in the DRAM market will continue to deepen through 2027. SK Hynix’s long-term supply agreements represent a strategic investment aimed at securing a foothold in the AI data center market, rather than a concession on pricing. Currently, the two industry giants are trading at forward price-to-earnings ratios for 2027 that have fallen to a historically low range of 3.5x to 3.9x. With Samsung’s share buyback and SK Hynix’s special dividend—both part of their shareholder return initiatives—expected to materialize in the second half of the year, the current environment presents an excellent contrarian opportunity for strategic positioning.

wallstreetcnJul 17 14:21

World's third most powerful, with 'fable-level immersion'! Kimi K3 with 2.8 trillion parameters sets a new open-source record

In evaluations, Kimi K3's overall intelligence level is close to that of the world's leading closed-source models. According to GDPval-AA v2 data on knowledge work benchmarks, Kimi K3 scored higher than Claude Opus 4.8 Max, ranking just behind Claude Fable 5 Max and GPT-5.6 Sol Max. Prior to the model's official release under an open-weights license, reports indicated that Moonshot AI internally regarded it as a key product targeting Anthropic's latest flagship model, Claude Opus 4.8.

wallstreetcnJul 17 06:40