News

On June 16, according to monitoring by Trader T, the US spot Bitcoin ETF experienced a net outflow of $64.84 million yesterday.

(1) Morgan Stanley has significantly lowered its oil price forecasts for the coming quarters, citing that a temporary agreement between the US and Iran is expected to restore regional oil production and increase supply. The spot Brent crude oil price is now projected to average $90/barrel in the third quarter (previously $100), and $80/barrel in the fourth quarter (down by $15).(2) Analysts pointed out that the Middle East production recovery process has started one to two weeks earlier than expected. Although there are still many issues to be negotiated and key risks remain, this represents a crucial step towards easing conflict and enabling more oil exports. The resumption of tanker transportation will take “several weeks,” as sea mines need to be cleared, commercial confidence rebuilt, and vessels returned.(3) Output is expected to start increasing gradually from mid-July: assuming 50% of lost production recovers by September, 80% by December, and the remainder by early 2027. Following the announcement of the agreement, oil prices have dropped to their lowest level since March, and the market remains skeptical about the specifics of the implementation.

BlockBeats News, June 16th, AI doomsday report released by Citrini Research stated that AMD and Apple are currently advancing AI products with a flash memory substitute for DRAM. AMD acquired MEXT to optimize flash memory, bringing its performance close to DRAM, thus reducing the memory cost in AI data centers; Apple, on the other hand, achieved a similar optimization at the device end through the 'LLM in a flash' technology. According to Citrini's latest research report, AI inference has a high demand for memory with KV cache, and HBM has imposed a 'memory tax,' occupying 25% of DRAM capacity. Flash memory costs only 1/55 of DRAM, and through controller optimization, NAND stacking, and unit mode adjustment, it can provide an alternative solution for edge AI in terms of capacity and bandwidth. The above report provides theoretical support for the recent surge in storage stocks represented by SanDisk.