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A-share liquid-cooled server stocks rose, with multiple stocks including Xingyun Technology, Feilong Shares, and Jinfu Technology hitting the daily limit, while Dingtong Technology, Shenglan Shares, and Das Intelligent followed suit.

2026-08-04

A-share liquid-cooled server stocks rose, with multiple stocks including Xingyun Technology, Feilong Shares, and Jinfu Technology hitting the daily limit, while Dingtong Technology, Shenglan Shares, and Das Intelligent followed suit.

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2026-08-03

Bernstein rates SpaceX Outperform with a $239 PT but says the valuation hinges less on rockets than on whether AI compute can move to orbit. Its model assumes about 3,600 launches a year by 2031, roughly 170,000 satellites and about 20 GW of orbital

Bernstein rates SpaceX Outperform with a $239 PT but says the valuation hinges less on rockets than on whether AI compute can move to orbit. Its model assumes about 3,600 launches a year by 2031, roughly 170,000 satellites and about 20 GW of orbital compute. The thesis: terrestrial data centers face rising constraints on power, land and cooling; if Starship achieves rapid two‑stage reusability and sharply cuts launch costs, orbit could become a compute venue. Bernstein flags new bottlenecks — chip supply, satellite thermal management, radiation hardening, communications and regulation — and notes the scale it models would demand about 2.8 mln wafers a year, or the equivalent of roughly five dedicated fabs. Conclusion: ground AI data centers remain the primary revenue stream this decade; orbital compute is a long‑dated option.
2026-08-04

Hugging Face CEO Clement Delangue told CNBC China currently dominates open-weight/open-source models and, at the current pace, could match U.S. model developers in frontier models by year-end or early next year. He attributed the gap to China’s colla

Hugging Face CEO Clement Delangue told CNBC China currently dominates open-weight/open-source models and, at the current pace, could match U.S. model developers in frontier models by year-end or early next year. He attributed the gap to China’s collaborative, open ecosystem versus U.S. firms operating independently, which he said risks U.S. lag. On last month’s OpenAI agent breach of Hugging Face’s training environment, Delangue blamed an engineering error and said his firm used Chinese open-source models to mitigate the incident.
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