A Chongqing Market Supervision Bureau filing shows Wuhan Optics Valley Semiconductor Industrial Investment Co., together with Wuhan Guangxin Qihang Investment Partnership (via its controller), proposes to acquire a 39% stake in Wuhan Xinxin Integrated Circuit Co. from Yangtze Memory Holdings. If completed, the buyer and its concerted parties would directly or indirectly hold 47.8846% of Wuhan Xinxin and become its sole controller. Wuhan Xinxin withdrew its STAR Market IPO application on May 19 a

ANTHROPIC told Commerce Secretary Lutnick in a proposal it will work more closely with the White House and address the security flaws that prompted restrictions on its powerful 'Mythos' and 'Fable' models, the Washington Post reported. Insiders said ANTHROPIC has pledged to improve communications with the Trump administration and to move faster to remediate any safety issues; negotiations are progressing smoothly but no timetable has been set. Talks are being led by co‑founder and chief computing officer Tom Brown and head of public policy Sarah Heck. ANTHROPIC and Commerce Department representatives did not respond to requests for comment.

JP Morgan strategists led by Nikolaos Panigirtzoglou warn rising volatility in semiconductor shares, even as the sector hits record highs, could trigger portfolio VaR breaches that force investors to cut positions. Panigirtzoglou said an influx of VaR-sensitive investors heightens susceptibility to self-reinforcing, volatility-driven selling. The Philadelphia Semiconductor Index (SOX) fell more than 10% earlier this month on concerns of AI-driven overheating but has since recovered to record highs. A BofA survey this week found long chipmakers the most crowded trade among fund managers.