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

Odaily Odaily Pre-market US stock highlights are as follows:

1. The three major US stock index futures are collectively rising. Dow Jones futures are up 0.13%, S&P 500 futures are up 0.34%, and Nasdaq 100 futures are up 1.04%.

2. International oil prices are slightly higher. WTI crude oil futures are up 0.13% at $73.617 per barrel; Brent crude oil futures are up 0.60% at $78.485 per barrel.

3. International spot gold and silver are both rising. Spot gold is up 0.99% at $4,117.39 per ounce; spot silver is up 2.21% at $59.55 per ounce.

4. Europe's three major indexes are mixed. The UK's FTSE 100 is down 0.63%, France's CAC 40 is up 0.48%, and Germany's DAX 30 is up 0.29%.

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

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

7. Micron Technology announced a strategic investment of up to $3 billion to strengthen the US 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 has fallen to just 10%, a ten-year low, potentially signaling a buying opportunity.