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Jinse Finance reported that, according to information from Tianyancha APP, Ant Group's subsidiary companies have recently acquired stakes in several chip-related enterprises. On August 26, Shanghai Yunyan Enterprise Management Consulting Co., Ltd., a subsidiary of Ant Group, acquired a 1.87% stake in Xinyuan Semiconductor Co., Ltd. Public information shows that this company covers businesses including AI computing-storage integrated IP and large model acceleration solutions, high-performance/high-reliability system-level storage chips, and advanced process embedded storage. It has already achieved commercial shipments and deliveries in the fields of storage chips, computing-storage IP, and high-performance MCUs. On August 29, Shanghai Yunyan Enterprise Management Consulting Co., Ltd. also invested in Shanghai Yezhixin Technology Co., Ltd., holding a 14.29% stake. Public information shows that this company is committed to the development of edge AI chips, focusing on a fully independently developed high energy-efficiency NPU, providing AI chips and integrated hardware-software solutions for smart glasses, mobile phones, robots, and other devices.

According to ChainCatcher, citing Jinse Finance, Atlanta Fed's Bostic reiterated that he believes one rate cut this year is appropriate, possibly a 25 basis point cut, depending on inflation and the labor market situation. He stated that although price stability remains the primary concern, the labor market has slowed sufficiently. Bostic also expressed concerns that the impact of tariffs on prices may persist, believing that the effects of tariffs will not dissipate quickly.