ARAMCO CEO said if the strait opens today, replenishing drawn-down inventories would take up to 18 months at an average pace of 2.1 mln bpd.

Traditional DRAM prices rose QoQ in Q2 2026 while HBM prices fell YoY; the HBM decline was driven by HBM3E price cuts and a delay to HBM4 launches. With traditional DRAM continuing to firm, HBM is expected to rebound next year. A vice president at Counterpoint Research said the key market watch for H2 2026 is whether CXMT can use its recent IPO to accelerate HBM and LPDDR6 capacity expansion. If CXMT scales capacity to meet domestic and international demand it could gain share and reshape industry structure; for CXMT the question is timing rather than capability to join the global top-three memory suppliers.

China A-share Pinduoduo-concept stocks extended gains; Fanli Technology hit the daily upper price limit, Yidian Tianxia climbed over 10%, Zhidemai, Meideng Technology and Yinli Media also advanced.