Real-time News

February 10th - According to TrendForce's latest high-speed interconnect market research, to meet the massive computing demands of AI, Google's next-generation Ironwood rack system combines 3D Torus network topology and Apollo OCS all-optical network to achieve a high-speed interconnect architecture. This will boost the global shipment share of high-speed optical transceiver modules above 800G, which is estimated to rise from 19.5% in 2024 to over 60% in 2026, and gradually become standard equipment in AI data centers.

French President Macron: Plans to make Europe more sovereign are not progressing fast enough.

The yield on 20-year Japanese government bonds fell 5.0 basis points to 3.115%.

February 10th - Taiwan Semiconductor Manufacturing Company (TSM.N) reported record-high revenue in January, reflecting that chip orders for the global tech giant have not been reduced despite concerns about a potential bubble in the artificial intelligence sector. The company's January revenue reached NT$401.26 billion (approximately US$12.71 billion), a 37% year-on-year increase, setting a new record. Previously, investors worried about cooling AI demand, as TSMC's monthly revenue growth had slowed in recent months, with October's growth at only 16.9%, the slowest pace since February 2024. These concerns are expected to ease with the rebound in monthly revenue momentum and its record-breaking 2026 capital expenditure plan. Previously, based on strong fourth-quarter results, TSMC increased its 2026 capital expenditure plan to US$52 billion to US$56 billion, a 27%-37% increase year-on-year. The company also expects revenue to grow by approximately 30% in 2026, following a 32% increase in 2025.

The yield on 40-year Japanese government bonds fell 8.0 basis points to 3.735%.

February 10th, Futures News: Recently, crude oil prices have fluctuated significantly. Previously, the US-Iran talks led to market expectations of a de-escalation of conflict, resulting in a moderate decline in oil prices. However, significant differences remain between the two sides after the talks. Although a second round of talks is scheduled for this week, renewed pressure from the US has caused oil prices to rise again. Zhuochuang Information predicts that geopolitical tensions will lead to a risk premium. Prior to the second round of talks, Israel will visit the US, which will undoubtedly exacerbate regional tensions. Oil prices will need to closely monitor Middle East risks. If the US launches an attack, oil prices will experience a sharp upward surge; otherwise, the talks will continue to exert downward pressure at high levels, with overall volatility remaining high.

February 10th - On February 10th, Force Robotics released three core products: DM0, a native large-scale model; Dexbotic 2.0, a native development framework; and DFOL, a native application mass production workflow. Force Robotics CEO Tang Wenbin stated that the company's product development philosophy is to move beyond simply modifying existing large-scale models, writing code specifically for robots from the very first line.

Futures News, February 10th: As of February 9th, the mainstream benzene market price in East China closed at 6045 yuan/ton, down 170 yuan/ton from 6215 yuan/ton at the end of January. Downstream buyers have gradually finished stockpiling, and their willingness to take delivery is low. Furthermore, there is still a large influx of goods arriving at major ports, and inventory levels at East China's main ports are likely to remain high. Downstream factories still have reservations about high-priced raw materials. Tensions between the US and Iran remain high, and European and American crude oil futures have rebounded after a decline. In the short term, with benzene arrivals at East China's main ports gradually increasing, holders' sentiment is slightly unstable, and benzene prices may weaken.

Russian Foreign Minister Lavrov: The negotiations on the Ukraine issue have a long way to go.

On February 10th, according to Qichacha APP, the Guangdong-Hong Kong-Macao Greater Bay Area Venture Capital Guidance Fund Partnership (Limited Partnership) recently underwent industrial and commercial registration changes, adding ZTE Corporation and Shunluo Electronics as partners. Qichacha information shows that the company was established in December 2025 with a capital contribution of 50.45 billion yuan, and its business scope includes: engaging in equity investment, investment management, and asset management activities through private equity funds.

Hong Kong-listed film and television stocks rallied in the afternoon, with Damai Entertainment (01060.HK) rising over 8%, Fengdelai Holdings (00571.HK) rising over 6%, Lemon Pictures (09857.HK) and Straw Bear Entertainment (02125.HK) rising over 5%, and Maoyan Entertainment (01896.HK) rising nearly 4%.

On February 10, Wang Yi, member of the Political Bureau of the CPC Central Committee and Foreign Minister, attended the opening ceremony of the first APEC Senior Officials' Meeting in Guangzhou in 2026. Wang Yi stated that the Free Trade Area of the Asia-Pacific (FTAAP) and connectivity networks are important foundations for regional economic integration. We must build consensus among all parties on cooperation in trade, investment, regulation, and supply chains, explore ways to align the Regional Comprehensive Economic Partnership (RCEP) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), and expand pathways for the construction of the FTAAP. The APEC Connectivity Blueprint (2015-2025) proposed at the 2014 Beijing meeting has made significant progress. We should build on this foundation to find more points of convergence, promote the development of an upgraded blueprint, and continuously strengthen and refine hard connectivity, soft connectivity, and emotional connectivity.

February 10th - Thomas Mathews, an analyst at Capital Economics, stated that the S&P 500 is likely to be supported by technology stocks this year. He predicts that despite a volatile start to the year, 2026 will still be a good year for the index. Mathews noted that while the market has concerns about capital expenditures on artificial intelligence and its potential negative impact on the business models of some companies, the earnings prospects for technology companies remain "quite optimistic." He stated that Capital Economics has always maintained a positive outlook on US stocks, and now is not the time to give up. Capital Economics predicts that the S&P 500 will rise to 8,000 points by the end of the year.

February 10th, Futures News: Economies.com analysts' latest view: Spot gold prices have retreated in recent intraday trading, mainly due to a negative signal from the Relative Strength Index (RSI), which had previously reached significantly overbought levels. This indicates that the market is attempting to digest the previous overbought conditions, lock in some gains from the previous rally, and alleviate the overheated sentiment of the recent upward trend.

February 10th, Futures News: Economies.com analysts' latest view: WTI crude oil futures prices retreated during the previous trading day, giving back some of their previous gains, temporarily consolidating to accumulate new momentum. This may help the subsequent market recovery and support prices returning to an upward trend.

February 10th, Futures News: Economies.com analysts' latest view: Brent crude oil futures prices maintained their upward trend in the latest intraday trading, with the main bullish trend dominating in the short term, and prices moving along the support line of this trend. Benefiting from positive resistance above the EMA50 moving average, this further strengthens the possibility of continued intraday gains. Although the Relative Strength Index (RSI) is approaching overbought levels, related technical indicators still release positive signals, reinforcing expectations of continued upward movement in Brent crude oil futures prices.

Beijing Junzheng: The price increases for the company's memory chips vary depending on the customers and products. DRAM prices have increased more, and the company expects good revenue growth this year.