US stock pre-market briefing: Musk targets EUV light source, Meta releases lightweight AI model

2026-08-10 12:40

Odaily News US stocks pre-market, key market financial news investors need to watch are as follows:

1. All three major US stock index futures turned lower in unison. Dow futures fell 0.10%, S&P 500 futures fell 0.05%, and Nasdaq 100 futures fell 0.08%.

2. International oil prices rebounded across the board. WTI crude oil futures rose 1.84% to $79.622 per barrel; Brent crude oil futures rose 1.74% to $85.005 per barrel.

3. International spot gold and silver showed mixed performance. Spot gold fell 0.32% to $4,327.33 per ounce; spot silver rose 0.38% to $63.76 per ounce.

4. Europe's three major stock indices were mostly higher. UK FTSE 100 fell 0.22%, France's CAC40 rose 0.13%, and Germany's DAX30 rose 0.25%.

5. Nvidia will invest up to $3 billion in power infrastructure company Lancium, aiming to address electricity shortages and ensure the deployment of its next-generation Vera Rubin architecture.

6. Musk is targeting a core link in chip manufacturing: EUV light sources. He has shown a clear preference for free-electron laser (FEL) technology, which could theoretically significantly reduce the production costs of advanced chips, though it is still in the early research and development stage.

7. TrendForce expects that due to rising component prices led by memory chips, the overall cost of Apple's iPhone 18 series will increase by approximately 38% year-over-year. Apple may adjust its gross margin strategy to control the increase and maintain stable shipments.

8. Meta has released a lightweight AI model called Muse Glimmer, which contains 30 billion parameters and can run on a single graphics card. Users can perform localized, customized deployments. Meta was up over 2% in pre-market trading.

9. TSMC and Sony plan to jointly invest approximately ¥1 trillion (about $6.32 billion) to co-develop and produce next-generation image sensor chips. Commercialization could be achieved as early as 2029.

10. Alibaba Cloud is reportedly shortening the delivery timeline for large AI data centers to 100 days and plans to more than double its global production capacity for modular data centers this year.

11. JPMorgan raised its S&P 500 target to 8,000 points for the second time in two months, stating that AI investment is beginning to monetize through customer demand.