Pre-market News Summary: US Treasury to Absorb Nearly $1 Trillion in Treasury Bonds, Largest Financial Offensive Against Iran to Be Announced, NVIDIA Plans to Invest in Perplexity

BlockBeats News, August 24th. Here are the key pre-market updates from the U.S. stock market:

The U.S. Treasury Department stated that it may utilize around $950 billion of general account funds to repurchase bonds. Boosted by this news, the yield on the U.S. 10-year Treasury bond fell by 4 basis points to 4.70%.

U.S. Treasury Secretary Benson will announce the details of sanctions on Iran at 2 a.m. Beijing time. Benson stated that the U.S. is entering a decisive stage, and a "D-Day" against the Iranian economy is imminent, marking the largest financial offensive ever launched against a hostile entity in history.

NVIDIA is reportedly in discussions to invest in AI startup Perplexity at a valuation exceeding $30 billion and is considering reaching a technology licensing agreement.

Xpeng's robotics division has completed a funding round of over $900 million, setting a new record for a single smart robotics private placement in China, with participation from IDG, Tencent, and Alibaba.

Alibaba's management has increased their holdings, with Simon Cai and Joe Tsai purchasing HK$80 million and HK$40 million worth of Alibaba stock, respectively. The day before, the company announced an $80 billion Hong Kong dollar new stock placement.

A senior executive at SK Hynix recently stated that the future AI industry needs to focus not only on HBM itself but also on how packaging technology affects HBM. The company is developing Hybrid Bonding Packaging technology to achieve a goal of stacking 20 layers or more.

Micron researchers have warned that the "memory wall" still exists. While the computing performance of AI accelerators is increasing by 3 times every two years, the development speed of HBM is not even doubling every two years, which could exacerbate the memory shortage.

Goldman Sachs has significantly raised its forecast for global semiconductor equipment spending for 2026-2028 to $150 billion, $218 billion, and $281 billion, respectively, and maintains a "buy" rating on the semiconductor equipment sector.