Industry representatives at Semicon Network Summit 2026 said the silicon photonics industry’s bottlenecks have shifted from materials to packaging precision and heterogeneous integration. According to ChainCatcher, Marvell’s CTO said copper interconnects are nearing physical limits and that end-to-end optical interconnects are inevitable. TNO/Holst Centre said the main challenge for co-packaged optics is integrating optical materials such as LiNbO3 and InP with CMOS platforms. TSIA said packaging now requires micron-level fiber alignment precision, while Taiwan has a global advantage in chips and packaging. TNO also said panel-level packaging is a key opportunity for Taiwan because its experience with large glass substrates could support rising data center optical interconnect demand, although gaps remain in technologies such as chip-to-wafer bonding equipment. Marvell said its silicon photonics chips are becoming increasingly dependent on Taiwan’s supply chain.

Arthur Hayes said Maelstrom’s preferred crypto assets have not changed. According to Odaily, he said the firm’s long-term Bitcoin structural long position will remain the portfolio’s anchor, while its more speculative short-term bets through the end of 2026 are ETH at $10,000, ENA at $0.50, and ETHFI at $2. Hayes also joked about ZEC, saying he did not know where it went and suggesting it may have been stolen from the Orchard pool by AI. Odaily noted that Orchard is Zcash’s shielded pool and that Hayes was joking about no longer holding a Zcash position.

According to Jin10, Kuwait's military said Kuwait's air defense systems are responding to missile and drone attacks from Iran.

According to Jin10, SHEIN-W (00625.HK) fell more than 3% on its third day of trading in Hong Kong.

According to Yonhap, the Korea Herald and HKET, Asian equity benchmarks opened broadly higher on Thursday, tracking overnight Wall Street gains after U.S. President Donald Trump played down the prospect of a prolonged conflict with Iran and oil prices eased. Tokyo's Nikkei 225 opened little changed and held steady, trading at 64,393.12, up 0.10% or 67.48 points, as of 01:39 UTC. Chip-related names were mixed, with Tokyo Electron up 1.36% and Sony up 0.46%, while Advantest slipped 0.46%. Seoul's KOSPI opened 1.33% higher before paring gains, with the benchmark index opening at 6,650.33, up 87.61 points, according to Yonhap. The tech-heavy KOSDAQ opened at 814.31, up 10.33 points. Samsung Electronics rose 1.2% and SK hynix climbed 1.05%, while LG Energy Solution added 1.29%. The Korean won was quoted at 1,362.2 per dollar. Hong Kong stocks rebounded at the open, with the Hang Seng Index opening 171 points higher at 25,482 and the Hang Seng Tech Index up 0.7% at 4,549. Tencent rose more than 1% and Lenovo gained over 3%, while MINIMAX bucked the trend to fall nearly 3%. Taiwan's TAIEX opened up 160.76 points at 46,325.48, led by MediaTek, but soon reversed, trading at 46,125.85, down 0.08% or 38.87 points, as of 01:39 UTC. In mainland China, the Shanghai Composite opened up 0.29%, the Shenzhen Component gained 0.73% and the ChiNext Index rose 0.9%, with gold, semiconductor and server shares leading advancers.

Charles Schwab is imposing stricter limits on customers seeking to open tax-aware long-short accounts, according to a notice sent to clients. According to Sina Finance, the retail broker said clients must now have at least $10 million in assets to invest in certain separately managed accounts using long-short strategies, up from a previous threshold of $1 million. The company also said it will no longer solicit new clients or accept new money into portfolio margin accounts with higher leverage. The new policy will take effect on September 16.

Pakistan raised $3 billion from a two-part junk bond sale, according to Bloomberg. The government tapped investor demand after securing credit rating upgrades in the past couple of months.

Li Auto (02015) rose as much as 5% to HK$48 and was last up 4.2% at HK$47.8, according to ETNet. The stock traded 651,300 shares worth HK$30.72 million, with an active buy-sell ratio of 66:34 and net active buying of HK$6.4008 million. JPMorgan was the largest net passive buyer at HK$728,700, with a weighted average price of HK$47.47, while China Investment Information was the largest net passive seller at HK$1.641 million, with a weighted average price of HK$47.52. The Hang Seng Index was up 0.7%, the Hang Seng China Enterprises Index rose 0.7%, and the Hang Seng Tech Index gained 0.9%.

Bloomberg strategist White points out that Treasury bills, due to their zero discount rate, can be repeatedly pledged in the repurchase market, increasingly functioning like money, creating a money-like supply expansion effect, and exhibiting a leading correlation with structural inflation. This trend puts the Federal Reserve in a dilemma.

Investors are currently using both gold and Bitcoin to hedge against currency devaluation. Since its inception, Bitcoin has been priced like a risk asset; however, if this correlation with gold continues, its pricing logic may be drastically different over the next fifteen years.

On Wednesday, Trump abruptly proposed renaming the Strait of Hormuz to the "Trump Strait," only to say hours later that it was just a "casual remark." At the same time, he emphasized that the November midterm elections would not influence his decision on war with Iran: "I am not running for president."

Jinse Finance launches its cryptocurrency and blockchain industry daily news bulletin, "Jinse at 8 AM," issue 3170, providing you with the latest and fastest news on the digital currency and blockchain industry.

On September 2, Robert Kiyosaki, author of "Rich Dad Poor Dad," revealed on a podcast that he was "1.2 billion dollars in debt," which attracted widespread attention in the market.

With the road construction over, Ethereum has finally begun to address the on-chain experiences that drive ordinary people crazy.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on AI, DeFi, DAO, NFT, and the metaverse industry.

Bitcoin Asia has ended, and three key signals emerge: Bitcoin is shifting towards becoming a global payment reserve; RWA holders are increasing by 440% monthly; and AI agents are automating settlements using crypto. The industry is no longer asking when prices will rise, but rather who is truly using the technology.

Unlike Bessant's "interventionism," Warsh acted with extreme restraint. Faced with the challenge of persistently high long-term yields, Bessant's toolbox was far from exhausted, and once fully unleashed, its impact on the market would be no less than that of monetary policy.

For Robinhood Chain, the wealth-generating effect of memes and high APR can be the first spark to attract traffic and funds, but to keep this spark burning, it ultimately needs real transaction demand and sustainable ecosystem value.