澳新银行：预计澳洲联储将在9月和11月分别加息25个基点。

AI infrastructure company SiliconFlow announced on the 20th it completed a B+ round Phase II and a C round, bringing year-to-date equity financing to nearly CNY 2.9 billion. New investors included China Internet Investment Fund, Guoxin Fund, China Mobile Chain Leader Fund and China Orient Asset International; existing backers Yaotu Capital, Shengyi Capital and Guotai Venture Capital Group made follow-on investments. Proceeds will fund R&D on inference engines, heterogeneous compute scheduling and model–chip adaptation, expand a token supply platform and accelerate global market rollout to boost token production efficiency and scalable services across multi-model, multi-chip environments.

Sept. 20 — ChangXin announced its fifth-generation DRAM platform G5 has entered mass production. G5, using quadruple-exposure DUV, raises bit density ~50% versus the prior generation and materially increases die-per-wafer, narrowing the process-density gap with international leaders. In the current memory upcycle amid tight supply, the capacity jump strengthens ChangXin’s cost competitiveness and pricing power, supporting entry into domestic flagship smartphone supply chains and enabling participation in global DDR5 and LPDDR5X cost competition. Continued G5-driven capacity expansion could lift the share of domestic semiconductor equipment to above 40%, directly increasing demand for etch and thin-film deposition tools and providing visible revenue upside for upstream suppliers.