Meituan

Asian tech stocks tumble; SoftBank down 10%

Asian technology stocks extended a regional sell-off driven by semiconductor weakness and follow‑through from a weak U.S. session. SK Hynix, which earlier plunged more than 15% after missing analysts’ estimates despite record quarterly profit and revenue, fell about 9.7% on Aug. 6, 2026; Samsung Electronics was down roughly 6.1%. Japanese chip names including Tokyo Electron, Kioxia and Advantest also declined, while U.S. chip peers were mixed to weak and Chinese internet stocks in Hong Kong outperformed. Market drivers cited deleveraging in Korea, trimming of frothy AI gains and heightened volatility in semiconductor‑heavy markets. Analysts including J.P. Morgan and S&P Global remained constructive, saying the AI investment cycle and defense spending should sustain tech demand and noting tech‑equipment PMI strength overall.

China's DFSX Unveils 14nm DF1000 AI Accelerator

At the World Artificial Intelligence Conference in Shanghai on July 13, 2026, startup Dongfang Suanxin (DFSX) unveiled the DF1000, an AI accelerator the company says is built entirely using a domestic supply chain on a 14nm process. DFSX claims the DF1000 delivers 520 TFLOPS at BF16, 6.4 TB/s memory bandwidth and 900 GB/s scale-up interconnect bandwidth, and can approach some 4nm-class products on selected inference workloads while still trailing in training. Founded from a long-running Tsinghua University research program, DFSX was incorporated in 2024, has grown to over 500 employees, and had a reported post-money valuation of ~RMB 12.3bn (~$1.8bn) by April 2026 with a mix of state and internet-company investors. The article frames the launch as a test of whether architectural design and 3D near-memory approaches can offset mature-node fabrication limits.

DRAM Prices Surge as Memory Makers Raise Costs

The Generalist Intelligence briefing reports a sharp run-up in DRAM memory prices driven by heavy buying from data centers. Samsung is reportedly pushing for another memory price increase of up to 20% for the next quarter, following roughly 90% rises in Q1 2026 and 50–60% in Q2 2026. Memory manufacturers including Samsung, SK Hynix, and Micron now hold significant pricing power, squeezing non-hyperscaler AI infrastructure builders and likely lifting device and hardware prices across laptops, phones, and cars. The briefing also flags related topics such as Meituan’s US-chip-free development and a surprising data-center bottleneck, positioning memory-cost inflation as an emerging tax on compute scaling.