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China digital industry revenue reaches 20.71 trillion yuan

China’s digital industry generated 20.71 trillion yuan in revenue during the first half of 2026, up 13.6% from a year earlier. Total profit reached 1.79 trillion yuan, an increase of 19.3%. China’s Ministry of Industry and Information Technology said the sector’s revenue growth accelerated by 4.1 percentage points from the same period last year. The industry’s profit margin reached 8.6%, up 0.7 percentage point. China had 5.102 million 5G base stations at the end of June. The country also had 32.86 million 10G PON ports capable of supporting gigabit network services. The number of 5G RedCap base stations reached 2.247 million. Intelligent computing capacity climbed to 2,185 EFLOPS using FP16 measurement, up 177% from a year earlier. Overall utilization across computing facilities reached 71.4%. China had built 52 intelligent computing facilities with deployments exceeding 10,000 accelerator cards by the end of June. More than 80,000 private 5G industry networks were operating across the country. Applications using 5G and gigabit optical networks covered 94 major categories of the national economy. China also had more than 26,000 active 5G and industrial internet projects. Authorities reported that 1,260 classified 5G factories had been established nationwide. Value-added output in the electronics industry rose 14

Japan H3 rocket deploys Michibiki No. 7 into planned orbit

Michibiki No. 7 forms part of Japan’s Quasi-Zenith Satellite System, known as QZSS. The satellite network provides positioning, navigation and timing services that work alongside the U.S. Global Positioning System. Japan has operated QZSS services since November 2018. The system serves Japan and can also support users across parts of the Asia-Oceania region. Japan’s Cabinet Office oversees the QZSS program through its National Space Policy Secretariat.

Japan H3 rocket deploys Michibiki No. 7 into planned orbit

Japan successfully launched its H3 rocket carrying the Michibiki No. 7 navigation satellite on Tuesday. H3 Flight No. 9 lifted off at 4:23:31 a.m. Japan time from the Tanegashima Space Center. The Japan Aerospace Exploration Agency, or JAXA, confirmed satellite separation about 29 minutes and four seconds after liftoff. The agency said the rocket followed its planned flight path and placed QZS-7 into its predetermined orbit.

Apple market cap reaches 4.94 trillion to top Nvidia

The valuation shift reflects broader recalibrations across international financial markets as institutional managers re-evaluate capital commitments tied to artificial intelligence infrastructure. While competing hyperscale computing enterprises including Alphabet and Tesla accelerated capital investments toward data centers, robotics, and autonomous transport networks, Apple maintained disciplined expenditure controls over consecutive fiscal quarters. Market participants increasingly view Apple’s disciplined spending approach as a operational buffer, allowing the firm to expand its proprietary Apple Intelligence software ecosystem without incurring high infrastructure depreciation costs. Trading patterns across major equity benchmarks highlighted diverging sentiment between hardware component suppliers and consumer technology platforms. Nvidia shares experienced increased selling pressure alongside wider pullbacks across semiconductor equities, as investors scrutinized the timeline for financial returns on massive artificial intelligence data center investments. The Philadelphia Semiconductor Index recorded notable weekly declines as market participants reassessed elevated valuation multiples across pure-play chipmakers. Despite persistent demand for graphics processing units, concerns surrounding energy supply constraints, macroeconomic interest rate trajectories, and capital expenditure intensity weighed on semiconductor equity prices.