On Sept. 1 at its interim results meeting, GigaDevice vice chairman and general manager He Wei said the company expects DRAM prices to continue rising in H2, moving into a mild uptrend. Looking to 2027, GigaDevice expects limited incremental DRAM capacity and that supply tightness will not ease materially; the industry cycle should be extended and prices are likely to remain elevated and volatile. The company also said SLC NAND Flash is in a prolonged upcycle, expected to continue at least throu

富时中国A50指数期货开涨0.03%。

Tasnim reported Iran's parliament speaker Ghalibaf warned that if adversaries escalate a maritime blockade to stop Iran exporting oil from the Persian Gulf, Iran would respond militarily and no country would be able to export oil from the region. He said opponents' economic campaign is mainly psychological and that most newly announced sanctions already existed, adding that a maritime blockade constitutes military action under international law.