European Council President Costa and Iceland's prime minister exchanged messages.

SK Hynix CEO Guo Luzheng said the global memory chip shortage is likely to persist through the end of 2030 and that oversupply risk is low because AI-era demand has made memory chips less of a standardized commodity. He said he sees no signs of oversupply or a pending memory downcycle as demand from AI customers remains strong. If AI demand has peaked or a new downturn occurs, he warned challenges could emerge but expects any future downcycle to be gradual — a slow demand decline or stabilization rather than a sharp fall.

20:00 Beijing time on Aug 30 — at the White House for administrative duties.