北漂民工的日常

August 21, the SSE website shows that the review status of Changcun Holding (Yangtze Memory Holdings Co., Ltd.) for its STAR Market IPO has been changed to “Accepted.” The company has also disclosed its prospectus.
Changcun Holding is one of the leading NAND Flash (a mainstream flash memory) manufacturers in China. Its main operating entities include Yangtze Memory, and its main products include memory chips, smart terminals, and solid-state drives. This offering by Changcun Holding will raise RMB 33.0 billion, which is intended for the Yangtze Memory mass-production line technology upgrade project and related R&D projects. Before the offering, the major shareholder(s) and the primary funding entities after upward tracing include the Hubei provincial SASAC and the Wuhan municipal SASAC, among others.

Cailian Press, August 21 (Intern Editor Ye Ke / Editor Qi Ling). Micron Technology, a major U.S. memory-chip company, announced on Thursday that it plans to invest $10 billion over the next decade in a newly established Micron Research Laboratory, aiming to seize long-term growth opportunities in the AI storage market. After the news was released, Micron’s stock rose 2.3%. This year, the stock has gained approximately 234% so far.
Micron Research Laboratory Headquarters will be located in Boise, Idaho, USA, and the flagship park is expected to begin construction in 2027. Research areas include key storage technologies, advanced storage and computing architectures, chip packaging, and future semiconductor manufacturing technologies. After completion, the facility can accommodate hundreds of researchers. In addition, this funding will also support university collaborations, research institutions around the world, and other industry partnership projects.

Source: Global Times
[Global Times Technology Comprehensive Report] On August 21, according to CNBC, Micron Technology CEO Sanjay Mehrotra said in a recent statement that AI has completely rewritten the inherent boom-and-bust cycle of the storage-chip industry. Storage has been upgraded to a strategic infrastructure for the AI era, and current market demand has already significantly exceeded the industry's ability to supply with company production capacity.
The storage-chip industry has traditionally been highly cyclical: demand surges spur manufacturers to expand production, while excess capacity then triggers price declines. But AI has created sustained, robust storage demand. The demand comes not only from AI data centers; in the future, autonomous driving, robots, and AI consumer devices will all consume enormous volumes of memory products. Procurement models are also changing: customers no longer focus solely on price comparisons when placing orders. Storage chips now need to be co-designed with processors, which deeply affects the performance of the entire system.

　　Source: China Fund News
　　【Overview】Walmart shares plunge more than 9%; Oil prices rise; SpaceX falls below its issue price
　　China Fund News reporter Zhao Gang, comprehensive compilation
　　On August 20 (Thursday) Eastern Time, all three major U.S. stock indexes closed lower. Tensions between the U.S. and Iran intensified, and oil prices rose to a near one-month high. As a bellwether for retail, Walmart’s U.S. comparable-store sales grew year over year at the slowest pace in six years, and its shares plunged by more than 9%. SpaceX shares retreated to around the issue price.
　　The three major stock indexes all closed lower
　　The Dow Jones Industrial Average fell 1.32%, closing at 52,759.21. The S&P 500 fell 0.87%, to 7,641.16; the Nasdaq Composite fell 1%, to 26,067.17.

On Thursday, the three major indexes fell. The yield on the 10-year U.S. Treasury rose by more than 5 basis points to 4.704%, which is already above the level before the Treasury announced an increase in buybacks. The 30-year yield also moved up by more than 5 basis points, to 5.248%. Earlier this week, the 30-year yield briefly touched the highest level in nearly 20 years.
Finance Minister Besant said in an interview on Thursday that the buyback size “could exceed” the previously disclosed $4 billion, adding that current yields do not reflect the fundamentals. He also said the liquidity for 30-year notes is weak, and that the Treasury will “make a market.” Yields dipped briefly after his remarks, then rose again.

　　On Thursday, Micron, the #2 most-traded U.S. stock by trading value, rose 3.97% to $37.777 billion in turnover.
　　On Thursday, Micron announced the establishment of Micron Research Labs, planning to invest $10 billion over the next decade to build the United States’ first long-term innovation center focused on memory technologies in Boise, Idaho. The research areas will include next-generation memory, computing architecture, advanced packaging, and semiconductor manufacturing. This investment is independent of the previously announced U.S. manufacturing and R&D plan of more than $250 billion. Industry leaders such as Jensen Huang and Tim Cook voiced support, and the U.S. Secretary of Commerce also said the move will help ensure memory supply does not become a bottleneck for technological development.

21st Century Business Herald reporter Luo Yiqi
The global storage chip market is on the eve of a profound transformation.
After prices have risen for multiple quarters, the consumer and server-side trends begin to diverge. Uneven demand and temperature across different markets and products are disrupting the simple narrative of a universal “price increase.” At the same time, the strategic moves by major players are sending more signals as well—SK hynix’s Dalian plant, which had been shut down for four years, has resumed operations, and Intel, which has exited the storage industry for years, has quietly brought back the former CEO of SK hynix, the one who led the acquisition of its business at the time.
This phenomenon of “quantity-price divergence” occurring in tandem with the “big players turning around” is no coincidence. Driven strongly by AI demand, the storage industry’s past competitive logic is being rewritten. It is no longer only about “who can produce the most Bits at the lowest cost,” but is increasingly a contest of “system-level capabilities.” Whoever can better define how storage and computing are integrated may capture the added value emerging along the industry chain in the AI era.

More updates—staying tuned
According to reports, Micron Technology will invest $10 billion in U.S. memory research laboratories over the next 10 years.
Risk warning and disclaimer
There are risks in the market; invest with caution. This article does not constitute personal investment advice, nor does it take into account the specific investment objectives, financial situations, or needs of individual users. Users should consider whether any opinions, views, or conclusions in this article are appropriate for their particular circumstances. Investing based on this is at your own risk.

Micron Technology announced on August 20 that it will establish a Micron research laboratory in the U.S. state of Idaho, providing $10 billion in investment support over the next decade. The laboratory is intended to support cutting-edge research in key technology areas, including critical storage technologies, advanced storage and computing architectures, packaging, and future semiconductor manufacturing.

　　When it comes to stock trading, just look at the analysts’ reports from the Jinqilin research team—authoritative, professional, timely, and comprehensive—helping you uncover potential thematic opportunities!
(Source: Jiemian News)
On August 20, Micron Technology announced that it will establish a Micron Research Laboratory in Idaho, USA, and provide $10 billion in investment support over the next decade. The laboratory is intended to support cutting-edge research in key technology areas, including critical storage technologies, advanced storage and computing architectures, packaging, and future semiconductor manufacturing, among others.

　　Key takeaways
　　Since the end of 2024, Micron’s stock price has risen more than tenfold. In this headquarters city—Boise, Idaho—many new millionaires have emerged. The storage-chip boom driven by artificial intelligence is reflected in multiple areas, including job growth, new construction projects, booming food and beverage businesses, and a large influx of newcomers. However, Micron’s $5 billion expansion in Boise, along with the widespread development that comes with it, has also brought problems such as traffic congestion, skyrocketing housing costs, and inequitable distribution of wealth.
　　Dave? Peso has worked as a wealth management advisor in Boise, Idaho since the 1980s. His business has weathered multiple economic downturns, the bursting of the dot-com bubble, and the 2008 financial crisis—and it stands strong to this day.

The total revenue of the top five NAND flash suppliers increased by 77% from the second quarter to the third quarter, because they leveraged the surge in AI demand to raise the average selling price.
TrendForce data shows that the top five suppliers’ second-quarter operating revenue reached $68.87 billion, and it expects third-quarter revenue to grow further. TrendForce says this is mainly driven by the “steady” demand for AI servers—especially enterprise-class SSDs—while the ongoing supply shortage continues to plague the entire market.
This revenue growth is the result of top-tier manufacturers’ pricing power. Companies such as Samsung, SK hynix, Micron, Kioxia, and SanDisk are able to “significantly raise the average selling price through contract negotiations.”

　　Oriental Horizon’s founder and CEO, Dan Bian, has once again increased his investment in technology stocks.
　　On the evening of August 18, Dan Bian said on a social media platform: “Today I plan to buy SpaceX. This is the beginning of my strategic layout for this target.” According to publicly available information, SpaceX is a company that builds the foundational integrated hardware and software infrastructure for the future in the space, connectivity, and artificial intelligence domains. The company listed on the U.S. stock market in June this year, and since July, its share price has fluctuated and adjusted by more than 10%.
　　Judging from publicly available information, this is not the first time Dan Bian has loudly promoted technology stocks. Earlier in August, he said that artificial intelligence is the “super main line” for the next 10 years. Multiple industry insiders believe that the pullback in the technology sector since July has not been caused by a deterioration in fundamentals or business conditions. After high-quality companies correct, they may set new highs. Going forward, investors may want to focus on companies whose earnings are gradually coming through or may be able to come through.

(Source: Caixin News)
Current callbacks more reflect the mood digestion after crowded short-term trading.
As of August 19, 2026, the SSE Composite Index fell 2.40%, closing at 3,894.42 points; the Shenzhen Component Index fell 5.01%, closing at 13,890.15 points; the ChiNext Index fell 6.26%, closing at 3,473.49 points. The SSE STAR Market artificial intelligence index (950180) fell 7.33%. Regarding constituent stocks, among the top gainers and losers by percentage change in the past, Opuco-W (688322.SH) fell 14.43%, while Xin Yuan Co., Ltd. (688521.SH) fell 13.13%.
Overall, the top ten constituent stocks all pulled back. Sub-sectors such as AI computing power, chips, machine vision, and intelligent terminals are generally under pressure. After the sector’s rapid rise earlier, there has been a clear profit-taking pullback. In the short term, risk appetite among funds has cooled somewhat, and internal rotation has temporarily shifted toward consolidation and adjustment. Previously, the STAR Market AI sector saw synchronized gains across multiple areas, including computing power chips, machine vision, EDA, and intelligent terminals. The current pullback more largely reflects emotion digestion after crowded trading in the short term.

(Source: Financial News)
Top Wall Street funds in Q2 show a divergence of views on AI computing power industry leaders such as TSMC. Soros Capital has made an across-the-board increase in AI computing power, causing its TSMC holdings to surge by more than 1,000%; meanwhile, multiple funds have significantly reduced their holdings of TSMC.
Recently, filings for the Q2 13F holdings of top-tier Wall Street hedge funds showed that their investment stances toward AI computing power industry leaders such as TSMC (TSM.US) and Nvidia (NVDA.US) have diverged significantly.
On the increase side, Soros Capital has made an across-the-board boost to its exposure to AI computing power allocation, with roughly 60% of its positions spanning storage, foundries, GPUs, and leading AI cloud providers. It has substantially increased its holdings of TSMC by more than 1,000%, to 78,430 shares, with a market value of approximately $37.46 million; the portfolio weighting rose from 0.78% to 6.70%. Third Point increased its TSMC stake by 67% to 460,000 shares; and entities such as Appaloosa and Duquesne Capital saw increases ranging from 4% to 24%.

Log in to the Sina Finance app and search for 【information disclosure (信披)】 to view more assessment grades
Security Code: 000045, 200045 Stock Short Name: Shenzheng Textile A, Shenzheng Textile B Announcement No.: 2026-27
Shenzhen Textiles (Group) Co., Ltd.
Announcement of Resolutions of the 4th Meeting of the 9th Session of the Board of Directors
The Company and all members of the Board of Directors warrant that the contents of this announcement are true, accurate and complete, and contain no false representations, misleading statements or material omissions.
Shenzhen Textiles (Group) Co., Ltd. (hereinafter referred to as the “Company”) issued a notice on August 13, 2026, to convene the 4th meeting of the 9th session of the Board of Directors (an extraordinary meeting) to the Company’s directors by personal delivery and email. The Board meeting was held on August 18, 2026 (Tuesday) at 2:30 p.m. in the Company’s conference room, with voting conducted in a combination of in-person and remote means. The meeting should have 9 directors present, and 9 directors were actually present. Among them, independent directors Wang Liming, Yang Gaoyu and Sun Xiaowei attended via remote voting. The meeting was presided over by Chairman Li Gang. Senior management of the Company attended the meeting as observers. This meeting complies with the (Company Law) and (Articles of Association). The matters considered and approved at this meeting are hereby announced as follows:

IT Home, August 18: According to a report by Wccftech today, multiple users on Reddit have claimed that after Micron Crucial-branded memory is sent in for RMA repair, it is not only not repaired but is also forced to be refunded.
After the user submitted an RMA after-sales application, Crucial initially agreed to replace the item, but later, citing that the inventory had run out, only offered a refund of the original purchase amount and refused to return the memory sticks the user had mailed in.
In one case, Reddit user u/Forsaken_Bet3568 sent their DDR5 memory in for repair under RMA. Crucial also agreed to replace it, but after he mailed the memory, the company suddenly replied that there was no replacement stock available and that the only option was to refund based on the original purchase price. They also refused to return the defective kit and refused to cover the user’s shipping fee of about €14 (IT Home note: at the current exchange rate, about RMB 109.4). In its reply email, Crucial customer service said that, because the consumer business is about to be shut down, it cannot arrange return shipping for any warranty products.

(Source: Finance News)
The company has already reached a cooperation with SanDisk. It has launched customized high-quality UFS products and solutions for the mobile and IoT markets.
An investor asked Jiangbo Long (301308.SZ): last year, Jiangbo Long signed a cooperation memorandum with SanDisk (SNDK.US). Could you please tell us in which areas the company cooperates with SanDisk? Recently, overseas memory manufacturers surged, mainly due to Huang Renxun’s (Jensen Huang) announcement at the CES electronics show of next-generation technologies, which have driven a surge in demand for NAND. What technical barriers and advantages does the company have in related businesses? What business relationships does the company currently have with Micron Technology (MU.US)?

　　Stock trading—just look at the analysis reports by financial analyst team of Golden Qilin: authoritative, professional, timely, and comprehensive. Help you uncover potential theme opportunities!
　　Source: Securities Market Weekly, Market No.
　　Text |  Waterside
　　On August 17, the market rebounded strongly. On August 18, it quickly shifted again toward differentiation, but this did not stop some individual stocks from continuing an accelerated rally, nor did it break the market’s offensive posture established since August.
　　The breakout of a “bull” phenomenon (the arrival of a bull) sparked consecutive limit-up gains for multiple stocks related to “bulls,” such as Luoniushan and Tianshan Biology. On August 18, Yiming Food again sealed a limit-up; from the end of July to now, it has surged by nearly 200%. Among tech stocks, PCB player Jinlu Electronics not only regained its July losses but has also accelerated to set a new historical high in recent days. Optical communication leaders like Tianfu Communications and Shijia Photon have all achieved a V-shaped reversal. Zhongshi Technology has also logged three straight 20CM limit-up moves...

Everyday AI Express: Before the U.S. stock market opened on August 18, the storage sector generally weakened. Micron Technology fell 3%, SK Hynix fell 3.16%, SanDisk fell 4.03%, Western Digital fell 3.71%, and Seagate Technology fell 3.22%.