Pre-market Summary: Meta Plans AI Chip Production in September, Doubling Computing Power to 14 Gigawatts Next Year; Micron Invests $3 Billion to Strengthen Chip Supply Chain

2026-07-09 12:59

Odaily Odaily Pre-market highlights are as follows:

1. U.S. stock index futures collectively edged higher. Dow futures rose 0.13%, S&P 500 futures rose 0.34%, and Nasdaq 100 futures rose 1.04%.

2. International oil prices edged up. WTI crude oil futures rose 0.13% to $73.617/barrel; Brent crude oil futures rose 0.60% to $78.485/barrel.

3. International spot gold and silver prices both rose. Spot gold rose 0.99% to $4,117.39/oz; spot silver rose 2.21% to $59.55/oz.

4. The three major European indices were mixed. The UK FTSE 100 fell 0.63%, the French CAC40 rose 0.48%, and the German DAX30 rose 0.29%.

5. Meta plans to start production of its "IRIS" AI chip in September, and aims to double computing power to 14 gigawatts by 2027.

6. Samsung and SK Hynix are delaying the application of hybrid bonding packaging technology in the next-generation HBM4. Currently, the industry predicts this technology may first be applied in 16-layer HBM4E (seventh-generation HBM) chips.

7. Micron Technology announced a strategic investment of up to $3 billion to strengthen the U.S. chip supply chain.

8. According to Morgan Stanley data, the valuation premium of the "Magnificent Seven" stocks relative to the other 493 stocks in the S&P 500 is currently only 10%, a ten-year low, potentially signaling a buying opportunity.