News

According to Odaily, market sources reported tonight that SemiAnalysis’s latest research report points out that “Nvidia’s next-generation AI server cluster, Rubin NVL72, has made significant adjustments to its memory configuration. In order to cope with supply chain constraints and ensure on-time delivery of Rubin cabinets, single-cabinet capacity has been drastically reduced from the originally planned 55TB to 28TB—a reduction of about 50%. The reduced 96GB SOCAMM memory modules will replace the previous high-end 192GB modules.” Possibly due to this news, stocks related to the memory sector, including Micron and SK Hynix, came under pressure and declined. In response, SemiAnalysis founder, CEO, and chief analyst Dylan Patel (@dylan522p) said, “I love how people forwarding what we’ve said miss most of the content in the notes. Our original report never used that kind of clickbait subscription title.”

Glonghui, June 5th – The U.S. stock market's weight loss drug sector rose, with Eli Lilly and Novo Nordisk both gaining over 5%.

BlockBeats news, June 5—The Financial Times published an article stating that the most distinctive aspect of the SpaceX IPO is that it’s difficult for outsiders to determine what kind of company it will become in 10 years, 5 years, or even 2 years from now, and this may be exactly what Musk intends to convey. On Wednesday, SpaceX confirmed it is seeking a valuation of $1.78 trillion, which, if achieved, would make it the seventh largest company by market capitalization globally. However, the path supporting this valuation is far from clear. In February this year, Musk merged SpaceX with xAI, suddenly making AI the most important business for SpaceX. Previously, SpaceX’s core goal had always been enabling humanity to become a multiplanetary species; now, AI dominates the company’s roadmap, with xAI accounting for more than three-quarters of capital expenditures in the first quarter, and 93% of the addressable market in the prospectus being related to AI. Musk excels at constantly restructuring the narrative around his businesses based on market preferences. Previously, SolarCity was merged into Tesla and reshaped as an alternative energy group, and Twitter was also integrated with xAI. Currently, SpaceX supports the xAI deal with the narrative of combining rockets with AI, aiming to surpass competitors by deploying AI data centers in space. However, SpaceX last year launched around 2,200 metric tons into orbit, while Musk stated that to participate in the orbital data center business, the company would need to launch 1 million tons per year. SpaceX’s rockets and Starlink satellite communication network are indeed significant accomplishments, but Musk’s real strength lies in creating narratives. The article also notes that ultimately, true cash flow will be key in validating the valuation.