According to a report by CoinWorld, JPMorgan Chase predicts that Zhipu will release its next-generation flagship model, GLM-5.5, in August, with a parameter count potentially exceeding one trillion (>1 terabyte). Zhipu just open-sourced its GLM-5.2 model with 744 bits of total parameters in mid-June, and it has already shown strong performance in several long-range programming benchmarks. The upcoming release of the trillion-parameter model will be the next key indicator for assessing whether Zhipu can continue its upward trajectory in the technology curve.

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Odaily Planet Daily reported on June 22 that trading volume in the A-share market further increased, with 49 A-shares exceeding 10 billion yuan in turnover. Among them, Zhongji Xuchuang and GigaDevice Innovation exceeded 30 billion yuan in turnover. (Golden Ten)

According to an article published on the X platform by Citrini analyst Jukan, driven by AI demand and supply shortages, South Korea's memory semiconductor exports and unit prices both rose in June. Data from the Korea Customs Service shows that as of June 20, 2026, the total export value of major memory products exceeded $23 billion, reaching more than 60% of the total export value of $37.16 billion in May. Based on recent monthly growth in HBM, NAND, and SSD, the total export value of memory semiconductors in June is expected to reach $38 billion to $42 billion, surpassing the previous month's record and setting a new historical high. Both the export value and unit price of various memory semiconductors rose simultaneously in June, with MCP (HBM) exports increasing by 51% month-on-month. The continued investment in AI data centers by major global technology companies such as NVIDIA has led to a persistent supply shortage of HBM3E and HBM4, primarily driven by SK Hynix. As wafers are concentrated in HBM production, the supply of general-purpose DRAM has relatively decreased, and the unit price of general-purpose DRAM has risen to approximately 2 to 3 times that of the same period last year. Demand for NAND flash memory and SSDs grew as the construction of AI inference servers expanded, with both product categories rising 25% to 28% month-over-month. Storage products accounted for 90% of total semiconductor exports this month, up from around 70% previously. Combined exports of storage and system semiconductors reached $25.5 billion, with total semiconductor exports in June projected to be between $42 billion and $46 billion. Park Junyoung, a researcher at Hanwha Investment & Securities, stated that the South Korean storage industry is currently overcoming weaknesses by relying on long-term supply agreements and HBM (Hardware Business Model) tools, and even if future profitability in the storage industry declines, the drop in operating profit will not be as severe as in the past.

According to an analysis released today by BIT, Odaily Planet Daily, the combined outflow of funds from stablecoins, Strategy, and Bitcoin ETFs has turned to a net outflow over the past 30 days, reaching a record $8 billion, indicating that institutional investors are reducing their risk exposure ahead of summer. Unlike the slight slowdown in inflows in the fourth quarter of 2025, the current flow has clearly turned to a net outflow. Without a major positive catalyst (such as a dovish shift by the Federal Reserve), buying may struggle to recover. This means that the impact of Bitcoin's recent drop from $82,000 to $62,000 may be greater than the previous correction from $102,000 to $82,000. Given the limited upside potential, shorting volatility strategies may still present opportunities.