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US Senator Lummis stated on CNBC that the CLARITY Act will allow banks to freely purchase and hold BITCOIN and cryptocurrencies, and believes this bill lays the foundation for 21st century financial services. It is expected to significantly boost BTC prices and trigger large-scale capital inflows. (The Bitcoin Historian)

Foxconn, a server assembly partner of Nvidia, reported quarterly sales growth that exceeded expectations, indicating sustained strong demand for artificial intelligence (AI). On Sunday, Foxconn announced a 52% increase in revenue for June. This translates to nearly a 40% increase in sales for the June quarter, reaching NT$2.51 trillion (approximately $79 billion). Analysts had previously expected an average of NT$2.37 trillion. Foxconn, also known as Hon Hai, has established itself as a key player in AI hardware by assembling servers equipped with Nvidia accelerators. Companies like Alphabet, Amazon, Meta Platforms Inc., and Microsoft are preparing to invest around $725 billion in AI this year, although concerns about overcapacity and questions about how to monetize this technology persist. Since the outbreak of conflict in the Middle East, which has put significant pressure on global shipping routes and natural gas prices, worries about the rush to build energy-intensive data centers have also intensified.

```htmlJinse Finance reports that Foxconn, Nvidia's server assembly partner, posted stronger-than-expected quarterly sales growth, indicating continued robust demand for artificial intelligence (AI). Foxconn announced on Sunday that June revenue increased by 52%. Calculations show that Foxconn's quarterly sales for June grew by nearly 40%, reaching NT$2.51 trillion (US$79 billion). Analysts had previously expected an average of NT$2.37 trillion. Foxconn (also known as Hon Hai) has established its position as a key player in AI hardware by assembling servers equipped with Nvidia accelerators. Alphabet, Amazon, Meta Platforms Inc., and Microsoft are preparing to invest about US$725 billion in AI this year, despite warnings about overcapacity and ongoing questions regarding the monetization of this technology. Since the outbreak of conflict in the Middle East has placed significant pressure on global shipping routes and natural gas prices, concerns over the rush to build energy-intensive data centers have also been mounting.```