美國短期利率期貨在通脹數據公佈後下跌，市場加大對九月美聯儲加息的押注。

Great Wall Fund portfolio manager Han Lin said in the firm's 2026 mid-year digital economy report he remains cautiously optimistic. He still favors AI-driven, long-term productivity gains but expects market pricing to shift from theme-led valuation expansion toward order, revenue and profit realization. Concerns about the sustainability of capital spending will hinge on cloud providers and leading chipmakers’ earnings, capex guidance, AI revenue and improved ROI. Han flagged AI infrastructure as the primary investment focus—advanced compute chips/ASICs, optical comms, PCB, server power and liquid cooling, and storage—and recommends balanced exposure between overseas and domestic compute chains. As investment breadth narrows, he will prioritize customer mix, order quality, capacity-ramp timing, cash flow and valuation fit. In semiconductors he cites memory recovery, capacity expansion in advanced nodes and advanced packaging, and domestic self-sufficiency; he favors equipment, materials, components and storage-chain companies with tech barriers and share-gain potential.

At its 2026 semiannual briefing, Angrui Micro said L-PAMiD 5G transceiver modules for high-end devices continued shipping in 1H. Its high‑integration 5G Phase 8L modules have moved into scaled volume production with brand customers, and the company is sending multiple Phase 8 module specifications to several brand customers for sample validation.