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03:13
Nomura Asset Management: Storage market supply and demand concerns and profit-taking lead to declines in chip stocks
```htmlGolden Ten Data July 6|Nomura Asset Management Chief Strategist Hideyuki Ishiguro stated in a report that global chip-related stocks are under pressure due to concerns about the supply and demand situation in the storage market and profit-taking from leveraged ETFs. In a July 6 report, Ishiguro wrote, "There are worries that the rise of Chinese storage chip manufacturers may worsen the storage market situation, and adjustments in holdings of Korea-listed leveraged semiconductor ETFs triggering profit-taking are the reasons behind the decline in chip stocks." In the short term, stock prices are driven by supply and demand as well as investor sentiment. However, he added, chip manufacturing companies still have upward momentum stemming from AI-related earnings growth and expanding free cash flow.```
03:03
RootData: UP will unlock tokens worth approximately $3.01 million in one week
According to ChainCatcher, citing token unlock data from the Web3 asset data platform RootData, Unitas (UP) will unlock approximately 9.38 million tokens, worth about 3.01 million US dollars, on July 13 at 0:00 UTC+8.
02:56
South Korean Ministry of Finance: Will Accelerate Efforts to Reshape the Service Industry with AI
```htmlGolden Ten Data reported on July 6 that the South Korean Ministry of Finance stated on Monday that the government will promote regulatory reforms and accelerate the application of artificial intelligence in the service sector to further enhance the competitiveness of the service industry. South Korean Finance Minister Chu Yoon-chul discussed specific measures with relevant departments. The service industry accounts for 60% of South Korea's GDP, and its growth is crucial to the overall economy. Chu Yoon-chul pointed out: "The service industry is undergoing a profound transformation driven by AI, rapidly integrating with the manufacturing sector, fostering innovation in public services, and deeply changing everyday life." Chu Yoon-chul stated: "To help South Korean companies lead in the global market, the government will promptly introduce measures to allow AI agents to conduct tests throughout the full shopping process." In addition, the South Korean government will also provide policy support for new mobility services such as urban air transportation and AI autonomous driving, and introduce AI technology in public service areas such as taxation and administrative services.```
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