红盘先锋

According to Xinhua News Agency, on the 2nd, K. Krishnan, Secretary of India’s Ministry of Electronics and Information Technology, said that the government is launching an investigation into the large-scale data breach incident involving Tata Electronics. This is also the first time the Indian government has issued a statement regarding this incident.
Tata Electronics is one of the main contract manufacturers for Apple iPhones in India. According to Reuters, a gang recently stole a large amount of confidential, non-public data from Tata Electronics and uploaded it to the dark web, including information in the supply chain for unreleased iPhone 18 Pro components and materials used for model testing. The documents show that at least six documents specifically detail the exclusive sourcing manufacturers for each iPhone 18 Pro component, covering core parts such as motherboard chips, battery components, and camera module details. Also, according to (The Times of India), multiple photos within folders labeled “iPhone 18 Pro” indicate that the factory was conducting a drop test on a gray phone in early 2026; several files also include “Confidential” watermarks and internal code names.

“Prize-winning invoices” top prize is back! On July 2, the special award for the 10th Taiyuan city initiative to promote consumption was announced. As of then, the total number of winning invoices for this category increased to 460. Among them, retail, dining, and residential services rank among the top three categories.
The newly released 10th Taiyuan city initiative to promote consumption has special awards involving 46 invoices. By channel, JD.com platform has 21 invoices and Douyin platform has 25. By industry, there are three categories: retail leads with 28 invoices, followed by residential services with 16 invoices, and dining with 2 invoices. By tier, there are 2 first-prize invoices, 4 second-prize invoices, and 40 third-prize invoices. Both of this round’s 2 first-prize invoices come from the Douyin platform: 1 each from the retail and residential services categories. Among the 4 second-prize invoices, 2 are from the Douyin platform’s retail category, and the other 2 are from JD.com platform’s residential services category.

Source: Yangtze Evening News
On July 2, the 16th Jiangsu Book Fair opened at the Suzhou International Expo Center. JD Books, featuring its self-developed AI reading assistant, JoyRead, made its offline debut for the first time at the event. It set up an interactive, experiential “AI Reading Exhibition Area,” enabling readers to experience up close how AI technology is reshaping the end-to-end experience from book selection to reading.
In May this year, JD Books signed a strategic cooperation agreement with the Phoenix Publishing & Media Group. At this year’s Jiangsu Book Fair, the coordinated appearance of JD Books’ exhibition area—together with the two parties—marks the first time, following the signing, that both sides have come together in an industry exhibition. This signifies that the in-depth integration of “publishing content + a technology platform” has entered the stage of concrete implementation.

　　Lockheed Martin took the lead in the acquisition deal, planning to spend about $3.5 billion to acquire Otara Maritime, a defense and maritime technology firm under the private equity company Anzu International. With ongoing conflicts in places such as Russia and Ukraine, as well as Iran, major defense contractors are stepping up acquisitions of defense technology assets.
　　Multiple insiders disclosed that in the bidding process for the acquisition of Otara Maritime, Lockheed Martin has already gained an advantage over other strategic bidders in Europe and the United States. Otara Maritime is part of the KORBA M—Otara Group under Anzu, and its core business is the development of anti-submarine technologies. Insiders also cautioned that the transaction has not yet been officially finalized, and that the terms remain subject to change.

IT Home, July 3 news: On July 1, a netizen, u/Shav_tech, posted in the Reddit community sharing a set of images showing engineering samples of the AMD Radeon RX 7900 XTX graphics card, which uses a red PCB.
This prototype graphics card uses a conspicuous red PCB, with several additional debugging and verification interfaces on the top, including 12C, PMBus, and JTAG. Using the JTAG interface, engineers can directly collect diagnostic data from the GPU core or the memory controller. IT Home has included related images below:
In terms of PCB layout, around the Navi 31 core, the PCB has a total of 12 memory packaging chips. Theoretically, this should be 12 units of 2GB GDDR6 memory, for a total of 24GB, but GPU-Z only detects 16GB of VRAM.

【Xinhua Corporate News, July 3】The 2026 USA–Canada–Mexico World Cup is in full swing, with players on the green pitch vying for “home-ground” glory for their respective countries. Since Coca-Cola made its first appearance at the FIFA World Cup in 1950 and erected the first advertising board on-site, it has never been absent from this grand event.
In recent days across Fujian and the entire region of Min, the Xiamen branch of Taikoo Coca-Cola is “passing the baton” in another way—integrating the World Cup’s excitement into consumers’ everyday lives. This ensures that “home ground” is no longer confined to the stadium, but extends to every moment of raising a cup in celebration, as well as every consumer scenario within easy reach.

　　Tesla delivered a quarterly results report that far exceeded market expectations. Data released on July 2 showed that in Q2 2026, Tesla’s global deliveries totaled 480,126 vehicles, up about 25% year over year and up about 34% quarter over quarter. The figure was nearly 20% higher than analysts’ prior estimate of roughly 406,000 deliveries, and it also surpassed the forecasts of even the most optimistic institutions.
　　In terms of the delivery mix, the Model 3 and Model Y remained the absolute mainstays, with combined deliveries of 467,762 vehicles, accounting for more than 97% of total deliveries. The “other models”—including Model S, Model X, the Cybertruck, and the Semi—delivered 12,364 vehicles in total. During the same period, Tesla produced 451,758 vehicles. Deliveries exceeded production by about 28,000 units, reversing the inventory buildup from the previous quarter. Tesla’s energy storage business was also impressive: the company deployed 13.5 gigawatt-hours of energy storage products in the quarter, up about 41% year over year.

Token gets added to the card! AI perks are breaking out of their shell—will bank cards see a spring again?
Beijing Business Daily
2026-07-02 18:10
The battle for existing customers in retail banking has long entered deep waters. Over the past few years, the card benefits arena has undergone several rounds of iteration: from airport VIP lounges and dining discounts, to video memberships and travel perks. Institutions have relied on homogenized benefits to win over users. But card issuance growth has peaked, customer acquisition costs have surged, and user stickiness has declined—turning into an industry dilemma that can’t easily be avoided.
In June 2026, a product innovation driven by Token (token/word-unit) computing power is reshaping the value logic of bank cards. From Ping An Bank’s launch of the “AI Smart Compute Card,” which embeds large-model computing power and AI office/study intelligent agents into debit-card benefits; to MYbank’s introduction of the country’s first AI benefits card aimed at micro and small business operators; to China Merchants Bank’s Amex Engineer Credit Card, which pioneered adding Token to new customer first-purchase rewards—firing the first shot at tying computing power perks to bank services. Then there’s Moonshot AI, with its AI assistant Kimi stepping in to develop what is claimed to be the world’s first “AI-native credit card.”

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　　Reporter丨Wu Jianan 
　　Edited by丨Sun Chaoyi Zhang Weixian
　　In the early hours of July 2, all three major US stock indexes closed lower. The Dow fell 0.03%, the Nasdaq fell 0.66%, and the S&P 500 fell 0.22%. The storage concept saw a sharp decline: the Philadelphia Semiconductor Index fell 6%, SanDisk and Micron fell more than 10%, Intel fell more than 9%, AMD fell nearly 7%, Western Digital fell more than 6%, and Super Micro Computer and Seagate Technology fell more than 5%.
　　Asian stock markets in both South Korea and Japan opened lower and then declined further. On July 2, South Korea’s KOSPI closed down 7.36%, SK hynix closed down 14.57%, and Samsung Electronics fell 9.06%. The Korea Exchange launched a temporary suspension mechanism; Japan’s Nikkei 225 closed down 2.47%.

(Source: Caixin News)
At the same time, Samsung and SK hynix’s stock prices both plunged by more than 7% and more than 9%, respectively, overnight, leading to widespread selling across the global memory-chip sector. Behind this combination of a rise and a fall is the interplay between long-term technological breakthroughs in the chip industry and short-term sentiment-driven volatility.
Samsung Electronics announced that it is exploring the use of quantum computing technology to optimize chip manufacturing processes. Meanwhile, Samsung and SK hynix’s stock prices both fell by more than 7% and more than 9%, respectively, overnight, triggering widespread selling across the global memory-chip sector. Behind the rise and the fall is the interplay between long-term technological breakthroughs in the semiconductor industry and short-term swings in market sentiment. On July 2, during the trading session, the Chip ETF (E Fund, 516350) reported 2.246 yuan, down about 6.2% from the previous day’s pullback. Over the past two weeks, it had climbed from 1.963 yuan to 2.394 yuan, for a cumulative gain of about 22%. The short-term correction was mainly driven by broad sentiment-led selling in global chips, but the logic of technological breakthroughs in the chip industry and domestic substitution has not changed.

（Source: Caixin Finance）
On July 2, both Korea and Japan fell at the same time. The Korea Kospi index dropped 6%, falling below 7,800. The Nikkei 225 index fell by more than 2%, and Kioxia’s (Kabushiki?) share price in Japan dropped 9%.
Last night, all three major U.S. stock indexes closed lower. The Dow fell 0.02%, the Nasdaq fell 0.66%, and the S&P 500 fell 0.21%. Large technology stocks showed mixed moves: Meta (META.US) rose by more than 8%, Microsoft (MSFT.US) rose by more than 3%, and Google, Apple (AAPL.US), Tesla (TSLA.US), and Amazon (AMZN.US) all rose by more than 1%. NVIDIA (NVDA.US) fell by more than 1%, while SpaceX (SPCX.US) fell by more than 7%. By sector, storage, semiconductors, and computer hardware saw sharp declines. The Philadelphia Semiconductor Index fell by more than 6%, the storage concept dropped by more than 9%, Micron Technology (MU.US) and SanDisk (SNDK.US) fell by more than 10%, Intel (INTC.US) fell by more than 9%, ASML (ASML.US) and AMD fell by more than 7%, Western Digital (WDC.US) fell by more than 6%, and Super Micro Computer (SMCI.US) and Seagate Technology (STX.US) fell by more than 5%.

　　ECB President Lagarde said that the risks facing euro area inflation and growth have eased somewhat.
　　On Wednesday, at the annual ECB forum in Sintra, Portugal, Lagarde said: “Compared with a few weeks ago, I believe that the risks to inflation on the upside and the risks to growth on the downside are now, broadly speaking, more balanced, for reasons related to what we are observing at present, and because these changes are happening very rapidly.”
　　Lagarde took part in a panel discussion alongside Federal Reserve Chair Kevin Worsh, Bank of England Governor Andrew Bailey, and Bank of Canada Governor Tiff Macklem. Just three weeks ago, the ECB became the first central bank among the Group of Seven (G7) to raise interest rates after the outbreak of the Iran war.

(Source: Hebei News)
Reposted from: Hebei News
On June 21, Pinduoduo Group and China Power Construction Corporation (PowerChina) completed a formal signing. Through an overall acquisition, Pinduoduo will hold the office building of the Xiong’an · PowerChina Zhihui City Digital New Consumption E-commerce Industrial Park.
This is also another major move by Pinduoduo since it rooted itself in Xiong’an. From late May to now, Pinduoduo has made a series of tangible progress in Xiong’an, including company registration, employee onboarding, strategic agreements, and the purchase of office assets, completing a closed loop from initial planning to establishing itself firmly in the region.
It is understood that Pinduoduo’s new office building in Xiong’an is a 12-story property. It is one of the key themed buildings being developed in Xiong’an · PowerChina Zhihui City. The building includes a large conference center and a training center, and it is also equipped with welfare facilities for employees such as a mother-and-baby room and leisure areas. It is expected to be officially put into use by the end of July. At that time, employees of Pinduoduo’s Xiong’an company will also move from temporary office premises into the new building. The park’s staff cafeteria is currently also being prepared.

UBS Group raised its target price for semiconductor equipment maker ASM International (Amsterdam stock exchange code: ASMI) from EUR 1,000 to EUR 1,150, maintaining a “Buy” rating. The adjustment was made after the company released its latest quarterly results. The new target price implies potential upside of 28% from the stock’s current level.
Key related data: The valuation of this stock corresponds to 29 times the expected earnings per share for 2026 and 22 times the expected earnings per share for 2027.
The core support logic behind this adjustment is the widespread adoption of AI applications, the expansion of semiconductor capacity driving strong demand for advanced logic and memory chips in ASM International’s product lines. In addition, the company’s business model quality is excellent, and it holds a favorable market position at key technology transition points such as the shift to gate-all-around (GAA) technology. UBS notes that there may still be potential risks to the company’s performance after 2026. The current valuation already factors in related uncertainties, and market expectations in the coming months may undergo recalibration. This could provide an entry opportunity for investors looking to invest in high-growth European technology companies.

GIGABYTE officially launched the X870 AORUS INFINITY motherboard on June 30, 2026, as the flagship commemorative product marking the brand’s 40th anniversary. Designed for overclockers seeking extreme performance, the motherboard is deeply optimized for the AMD Ryzen 9 9950X3D2 Dual Edition processor and supports the X3D Turbo 2.0 intelligent acceleration mode.
The motherboard adopts an innovative horizontally oriented AM5 slot layout, with the DDR5 memory slots rotated 90 degrees counterclockwise, breaking away from the structural conventions of traditional ATX motherboards. The power system is configured with an 18+2+2 phase, 110-amp digital VRM, paired with a 10-layer high-spec PCB. It is further complemented by dual 8-pin EPS CPU power connectors, fully compatible with AMD Ryzen 9000, 8000, and 7000-series desktop processors.

Jiemian News reporter | Song Jianan
On July 1, according to a report by Jiemian News citing informed sources, tech giant Microsoft, which has 220,000 employees worldwide, plans to launch another round of layoffs soon. The current plan is expected to cut several thousand positions, with the scope covering business units such as sales, enterprise consulting, and Xbox games. The overall layoff rate is expected to be kept within 2.5% of Microsoft’s total workforce (about 5,500 people), which is smaller than Microsoft’s two major rounds of layoffs last year.
According to one informed source, Microsoft plans to announce layoffs next week, but the exact timing may change. Some affected employees will receive new job assignments immediately.

　　 Micron Technology CEO Sanjay Mehrotra said Tuesday that the current supply-demand imbalance is not caused by storage chip manufacturers alone. The imbalance has recently led to higher prices for smartphones, computers, and other consumer electronics.
　　 Mehrotra believes that in recent years, some customers have pushed aggressively to drive prices down during negotiations, which has also contributed to insufficient industry capacity investment. As a result, the entire industry failed to make arrangements in advance and has been unable to keep up with the demand unleashed by the AI boom.
　　 “Some customers have significantly undercut prices in our industry,” Mehrotra said in an interview Tuesday. “By 2023, our prices had already fallen to one-third of what they were before.”

DeepSeek has launched the DSpark product, increasing resistance to marketing efforts for Nvidia’s dedicated decoding rack, Groq 3 LPX.
Key product features and business logic:
The key dispute in the core market is whether customers will pay the second installment of the procurement amount for LPX, or whether DSpark and related technological innovations will completely dispel the customers’ intention to make that purchase.
The translated text is translated by a third-party software.
Statement: The market is risky; investment requires caution. This article is generated by an AI model based on publicly available information and does not represent Sina Finance’s viewpoint. All information, data, and charts in this article are for reference only and do not constitute any form of investment advice or decision-making basis. Relevant information is subject to the actual announcements. If you have any questions, please contact: biz@staff.sina.com.cn.

On June 29, Nvidia said in a post on its WeChat public account “NVIDIA” that its robotics team is opening recruitment for four core areas: embodied intelligence, simulation, deployment, and solution architecture. Positions are available in Beijing, Shanghai, and Shenzhen.
According to the announcement, the embodied intelligence team for this hiring drive will focus on key technologies and applications such as dexterous manipulation, the human body with wearable sensors, whole-body mobile manipulation, and whole-body control, with the goal of building the next-generation general-purpose robot system. The simulation team will be responsible for constructing the core simulation and training infrastructure for next-generation robots, enabling robots to learn efficiently in virtual environments and migrate to real-world scenarios more quickly and reliably. The deployment team focuses on algorithm optimization and real-hardware deployment for humanoid robots and embodied intelligence. Meanwhile, the solutions team will bring Nvidia’s cutting-edge technologies into practical industry applications such as manufacturing and services.

After-hours trading in blockchain economic sector stocks moved higher. The relevant targets and index performance are as follows:
Baidu rose 1.8%. The Chicago Mercantile Exchange rose 0.5%, and the Nasdaq index rose 0.5%. The translated content is translated by a third-party software.
Statement: The market is risky, and investments require caution. This article is generated by an AI model based on publicly available information and does not represent Sina Finance’s position. All information, data, and charts in this article are for reference only and do not constitute any form of investment advice or decision-making basis. Please refer to the actual announcements for relevant information. If you have any questions, please contact: biz@staff.sina.com.cn.