[Alte: The company is involved in the application of artificial intelligence technology in the automobile R&D and design field, with orders on hand amounting to 1.8921 million yuan]

According to "Shunde Release," the Embodied AI Development Bureau of Shunde District, Foshan City was officially inaugurated and unveiled on July 28. This is the first government functional bureau in the country specifically tasked with coordinating the development of the entire embodied AI industry chain, signifying that Shunde has taken a pioneering step in institutional and mechanism innovation within the race to integrate intelligent robotics, artificial intelligence, and the real economy. Moving forward, Shunde will accelerate the construction of an embodied AI training and application industrial park and a district-level artificial intelligence and robotics innovation center, striving to establish a nationally renowned benchmark urban area for embodied AI industry innovation.

SK Hynix (SKHY.O) reported earnings on Wednesday. Driven by tech giants' increased investment in AI data centers, fueling strong demand for advanced memory chips, the company's Q2 operating profit surged 557% to 60.5 trillion won (approximately $41.62 billion), a record high, compared with 9.2 trillion won a year earlier. However, this figure fell short of market expectations of 64 trillion won, mainly because its high-end memory chips (HBM) account for a higher share than competitors, leaving it less able to fully benefit from the current strong price cycle for conventional memory chips. This heightened concerns that the AI boom driving the semiconductor industry may be slowing. SK Hynix's revenue also missed expectations. Its Q2 revenue was 79 trillion won, versus market expectations of 84 trillion won. Following the report, SK Hynix fell as much as another 9% in after-hours trading after closing down 9% in the U.S. stock market on Tuesday, while SanDisk (SNDK.O) and Micron Technology (MU.O) also slid more than 4%, erasing the boost from Seagate Technology's (STX.O) earnings.

[SMM Lead Morning Meeting Minutes: Bullish and Bearish Factors Coexist in Macro and Fundamentals; Short-Term Lead Prices Expected to Consolidate] Overseas macro factors are complex, with mixed bullish and bearish news. The market currently lacks clear guidance, and attention is on the upcoming US Fed meeting. Lead prices in China remain consolidating on a weak note, with secondary lead enterprises suffering heavy losses...