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On June 10, residents of Mississippi filed a lawsuit against SpaceX, Elon Musk's SpaceX company, and its newly merged subsidiary xAI, alleging that a power plant operated by the defendants to supply data centers is emitting persistent noise pollution that is causing significant disturbance to residents. Court documents released on June 9 show that three groups of Mississippi residents, representing more than 10,000 people, filed a class-action lawsuit in a federal court in the state, accusing the two companies of failing to take measures to curb the excessive noise pollution from the power plant, causing not only emotional distress but also financial losses such as property depreciation, and demanding compensation from the companies.

National Highway Traffic Safety Administration: Honda recalls some vehicles in the United States.

On Wednesday, June 10th, the German DAX 30 index opened 86.27 points higher, or 0.35%, at 24,504.34; the UK FTSE 100 index opened 22.72 points higher, or 0.22%, at 10,250.05; and the French CAC 40 index opened 15.23 points higher, or 0.19%, at 8,218.66. (European...) The Stoxx 50 index opened 14.01 points higher, or 0.23%, at 6063.75 on Wednesday, June 10; the Spanish IBEX 35 index opened 74.05 points higher, or 0.41%, at 18260.75 on Wednesday, June 10; and the Italian FTSE MIB index opened 238.74 points higher, or 0.47%, at 50501.50 on Wednesday, June 10.

On June 10th, the Ministry of Industry and Information Technology (MIIT) issued a notice regarding the "Implementation Opinions on the Innovative Development of 'Artificial Intelligence + Information and Communication' (2026-2028)". The document outlines the construction of a three-tiered computing infrastructure system—"hub-regional-edge"—to accelerate the construction of major computing power channels and support the integrated innovation of artificial intelligence and information and communication. It also calls for the establishment and improvement of national and regional computing power platforms, strengthening the overall monitoring and supply-demand matching of computing power, promoting integrated collaborative innovation of computing power, models, and applications, and improving the utilization rate of data resources in the information and communication industry. Furthermore, it aims to establish a unified computing power identification system, accelerate the construction of a nationwide integrated, intensive, and market-oriented computing power service system, and expedite the digital and intelligent transformation and upgrading of the information and communication industry.

On June 10th, the Ministry of Industry and Information Technology (MIIT) issued a notice titled "Implementation Opinions on the Innovative Development of 'Artificial Intelligence + Information Communication' (2026-2028)". The document outlines the Implementation Opinions to address the "intelligent transformation, digital transformation, and networking" needs of industries such as raw materials, electronic information, and equipment manufacturing. It calls for building new industrial networks, accelerating the popularization of industrial internet applications, constructing a multi-level and systematic industrial internet platform system, cultivating a number of industrial intelligent entities, promoting the integrated development of network solutions and industry-wide large-scale model-based information services, and accelerating the large-scale promotion of applications such as 5G/optical networks + smart transportation, intelligent equipment inspection, and industrial visual inspection. The document also promotes the provision of packaged and modular "network + artificial intelligence" services to SMEs to meet their personalized needs. Furthermore, it aims to promote the intelligent development of innovative industrial clusters and accelerate the construction of "smart clusters".

On June 10th, the Ministry of Industry and Information Technology (MIIT) issued a notice titled "Implementation Opinions on the Innovative Development of 'Artificial Intelligence + Information Communication' (2026-2028)." The document outlines several key initiatives: Enhancing AI computing service capabilities: Optimizing network resource scheduling capabilities, providing on-demand flexible billing and time-sharing service models, and achieving rapid end-to-end dedicated line activation and bandwidth adjustment through technologies such as segment routing (SRv6), optical service units (OSU)/small-granularity optical transport network (fgOTN). Improving network service capabilities for AI services: Conducting distributed inference technology trials across wide-area IP networks, ensuring network resource utilization is no less than 90%. Enhancing uplink service access capabilities for 5G-A and PON, optimizing home/enterprise wireless LAN (WLAN) network access latency to no more than 5ms. Promoting model application platforms: Establishing an integrated service ecosystem of "computing power + data + model + AI applications," constructing a full-process development environment from model training and scenario verification to commercial deployment, and accelerating the large-scale penetration and application innovation of domestic AI technologies in key industries.

On June 10th, the Ministry of Industry and Information Technology (MIIT) issued the "Implementation Opinions on the Innovative Development of 'Artificial Intelligence + Information and Communication' (2026-2028)". The document emphasizes enhancing network edge inference capabilities. Guided by scenario requirements, it explores deploying inference computing power on edge devices in 5G/5G-A networks, optical networks, IP networks, and new industrial networks to provide integrated edge computing services for AI applications in transportation, low-altitude economy, manufacturing, and entertainment. It also explores cloud-network-edge-device collaborative inference technology to reduce inference latency and terminal computing power requirements, enabling collaboration between large and small models.

On June 10th, the Ministry of Industry and Information Technology (MIIT) issued a notice titled "Implementation Opinions on the Innovative Development of 'Artificial Intelligence + Information and Communication' (2026-2028)". The notice calls for accelerating the construction of 400Gbps/800Gbps backbone transmission networks and optimizing the four network transmission channels between national hub nodes in the eastern, central, and western regions. It also promotes the orderly application of high-speed optical transmission system equipment, such as 400Gbps and above in metropolitan areas and all-optical cross-connectors. Furthermore, it aims to optimize the layout of internet backbone direct connection points and new internet exchange centers to improve the quality of inter-network data transmission. Finally, it simplifies the core-to-edge network hierarchy, improves the network layout for computing power access in key locations, and builds millisecond-level low-latency computing capabilities in metropolitan areas.

On June 10th, Edgar Walker of Metzler Asset Management pointed out in a report that the European Central Bank's task is not to respond to every price spike, but to stabilize market expectations and reassure the public that temporary shocks will not be permanently monetized. This puts the central bank in a dilemma. Insufficient action might give the impression that the central bank is treating rising inflation merely as an energy accident; excessive action, on the other hand, would put further pressure on the already fragile European economy. Therefore, the economist added that the right approach is not to provide bold forward guidance, but to maintain credible policy flexibility.

On June 10th, the Ministry of Industry and Information Technology (MIIT) issued a notice titled "Implementation Opinions on the Innovative Development of 'Artificial Intelligence + Information and Communication' (2026-2028)." The document aims to promote the evolution and development of intelligent information and communication technologies. It focuses on the integration of artificial intelligence with fields such as 5G-A/6G, next-generation optical networks, "IPv6+", and the industrial internet. The document calls for research into new AI-driven network architectures and strengthened efforts to tackle key core technologies such as intelligent mobile communication air interfaces, high-level network self-intelligence, network intrinsic intelligence, space-based computing networks, and the intelligent agent internet.

On June 10, it was reported that from June 8 to 10, Xian Hui, Vice Chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), led a delegation to Vietnam. She met separately with Tran Cam Tu, member of the Politburo and Permanent Secretary of the Secretariat of the Communist Party of Vietnam (CPV), Bui Thi Minh Hoai, member of the Politburo and Chairwoman of the Central Committee of the Vietnam Fatherland Front, and held talks with Hoang Cong Thuy, Vice Chairwoman of the Vietnam Fatherland Front. Xian Hui stated that recently, Xi Jinping, General Secretary of the CPC Central Committee and President of China, and To Lam, General Secretary of the CPV Central Committee and President of Vietnam, who was visiting China, had in-depth exchanges on overall and strategic issues of common concern, drawing a blueprint for building a higher-level, strategically significant China-Vietnam community with a shared future. China is willing to work with Vietnam, following the strategic guidance of the top leaders of the two parties and countries, to deepen mutually beneficial cooperation and promote the building of a China-Vietnam community with a shared future in a more profound and practical way. The CPPCC is willing to contribute to this endeavor.

The UK Maritime Trade Organization has received reports of an incident 88 nautical miles southwest of Balhaf, Yemen. A cargo ship reported that a vessel carrying six armed men approached it, and a firefight ensued before the smaller vessel turned and left.

On June 10th, TSMC Chief Financial Officer (CFO) Huang Jen-chao stated in a recent interview that inflation is pushing up the company's operating costs, and indicated that a price increase for chips cannot be ruled out. However, Huang also stated that TSMC will not suddenly raise prices "four or five times."

June 10th - Recently, the domestic auto market has shown a trend of "cold reception for gasoline vehicles and hot reception for new energy vehicles." In response to this trend, Chen Shihua, Deputy Secretary-General of the China Association of Automobile Manufacturers (CAAM), analyzed that high oil prices have increased the cost of using gasoline vehicles, highlighting the economic advantages of new energy vehicles. At the same time, domestic automakers are deeply committed to innovation and R&D, rapidly iterating new energy vehicle models to meet diverse needs with differentiated products, continuously activating market potential. Chen Shihua stated that the outstanding performance of new energy vehicles overseas is a concentrated reflection of the transformation and upgrading of my country's automotive industry and the improvement of its overall strength. This is inseparable from the combined support of multiple advantages, including policy guidance and industrial synergy. "my country possesses a complete and efficient new energy vehicle industry chain, with significant economies of scale and strong supply chain resilience. Simultaneously, intelligent functions such as vehicle systems, intelligent driving, and cockpit interaction are rapidly iterating, continuously adapting to the needs of overseas users and driving the continuous improvement of product core competitiveness."

June 10th - Samsung Electronics is considering building an advanced semiconductor packaging plant in Gwangju, South Korea, to meet global chip demand. Samsung is expanding its HBM (Hardware-Built-Made) market presence to strengthen its position in the AI chip supply chain. Samsung is expected to announce the investment plan at a meeting between the South Korean president and business leaders on June 29th.

Bank of America raised its price target for Oracle (ORCL.N) from $200 to $240.