LI AUTO-W (02015.HK) is set to release a dual-wheel robot within this year, primarily for use in manufacturing scenarios, Chinese media reported.

LI AUTO is reportedly planning two products under its humanoid robot team, including a dual-wheel robot and a bipedal robot. The dual-wheel robot is ready and is ideally scheduled for release mid-year.

LI AUTO's internal team, codenamed Nexus, has been secretly developing the items for nearly a year, report added.

Led by He Junpei, the former Hardware Partner of Jiuguang Intelligent, the team is planning both dual-wheel and bipedal products, referencing development paths from Tesla (TSLA.US), aiming to start from industrial applications.
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Concerns over the Iran war intensified again, pushing New York oil futures above USD80 per barrel at one point, and leading to a sell-off in US stocks on Thursday.

The DJIA tumbled incessantly, down as much as 1,162 points or 2.4% at its lowest, and eventually closed down 784 points or 1.6%, at 47,954. The Nasdaq's downswing was relatively mild, ending down 58 points or 0.3%, at 22,748. The S&P 500 finished down 38 points or 0.6%, at 6,830.

Traditional stocks were subdued, with Boeing (BA.US) down 2.3% and Caterpillar (CAT.US) 3.5%. Banks JP Morgan (JPM.US) and Morgan Stanley (MS.US) sagged 2-3%.

The US plans to tighten AI chip export controls, requiring companies like Nvidia (NVDA.US) to obtain government approval before shipping globally. Nvidia closed up 0.2% after fluctuations, while Micron (MU.US) and AMD (AMD.US) lost about 1%.

Techs traded mixed, with Apple (AAPL.US) and Meta (META.US) down about 1%, and Microsoft (MSFT.US) up 1.4% against the market trend, and Amazon (AMZN.US) also up 1%.
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The US government is weighing further tightening controls on the export of AI chips, potentially requiring companies to obtain approval from Washington before exporting AI chips to any location worldwide, Bloomberg reported.

Spurred by the news, chip stocks came under pressure. NVIDIA (NVDA.US) lost over 1.5%. AMD (AMD.US) shed more than 3%. Micron (MU.US) slid 4%. Intel (INTC.US), with the White House as a shareholder, inched down less than 1%.

US officials drafted regulatory proposals that will require companies to obtain government permission before exporting AI accelerators, affecting products from companies like NVIDIA and AMD, sources divulged.

If implemented, the measures will expand the current restrictions, which apply to about 40 countries, to the whole world.
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Concerns over the Iran war intensified again, pushing New York oil futures above USD80 per barrel, and leading to a sell-off in US stocks on Thursday.

The DJIA tumbled incessantly, last plummeting 1,020 points or 2.1%, to 47,719. The Nasdaq slipped 280 points or 1.3%, to 22,524. The S&P 500 fell 91 points or 1.3%, to 6,778.

Traditional stocks were subdued, with Boeing (BA.US) diving over 3% and Caterpillar (CAT.US) nearly 5%. Techs NVIDIA (NVDA.US), Apple (AAPL.US), and Tesla (TSLA.US) all lost over 1%.
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According to the Hurun Global Rich List 2026 released by the Hurun Research Institute, Tesla (TSLA.US) founder Elon Musk has become the world's richest person for the fifth time in six years. His wealth soared by 89% over the past year, reaching RMB5.5 trillion.

Ranking second was Amazon (AMZN.US) founder Jeff Bezos. His wealth amounted to RMB2.1 trillion. Alphabet (GOOGL.US) co-founders Larry Page and Sergey Brin ranked third and fifth, and they saw their wealth increase by 65% and 67%, respectively.

Among Chinese entrepreneurs, ByteDance founder Zhang Yiming became China's richest person with wealth increasing by 32% to RMB550 billion. NONGFU SPRING (09633.HK) founder Zhong Shanshan ranked second with RMB515 billion, followed by TENCENT (00700.HK) chairman Pony Ma with RMB465 billion.

CATL (03750.HK) chairman Robin Zeng occupied the fourth spot with wealth growing by 46% to RMB380 billion. Lei Jun and the Jack Ma family are tied for tenth with RMB230 billion.
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SK Group Chairman Chey Tae-won will attend Nvidia(NVDA.US)'s GTC this month, where he is anticipated to discuss AI chip collaboration with Nvidia CEO Jensen Huang, according to Korean media.

At this year's GTC, Nvidia is expected to unveil its next-generation AI accelerator platform, Vera Rubin, which will utilize HBM4. The report noted that Nvidia has already allocated approx. two-thirds of its HBM4 orders to SK Hynix this year.

During the meeting, Chey and Huang will discuss a range of strategic cooperation areas, including HBM4 supply coordination, joint development of next-generation HBM technology, and potential collaboration in AI data centers and energy infrastructure, sources added.
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Goldman Sachs has released a research report predicting that Broadcom (AVGO.US) will see its stock price, supported by the excellent performance of its AI semiconductors, rise mildly following the release of its strong quarterly results and market-beating guidance.

In line with upward revisions in capital expenditures by major AI clients, Broadcom's guidance for 2Q26 AI semiconductor revenue is 15% higher than market expectations, indicating continued growth in both XPU and networking businesses.

Goldman Sachs has given Broadcom a Buy rating and a target price of USD450.
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Broadcom (AVGO.US) has reported that its earnings for 1FQ ending February 1 grew by nearly 34% YoY to USD7.35 billion, while the adjusted EPS came in at USD2.05, slightly above the expected USD2.03.

Hock Tan, Broadcom's CEO, estimated AI chip sales to exceed USD100 billion next year. Stimulated by the news, Broadcom's stock price rose by 5.27% to USD334.25 in after-hours trading.
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After the market closed on Wednesday, chipmaker Broadcom (AVGO.US) announced that its net profit for 1FQ ended February 1, 2026, increased by nearly 34% YoY to USD7.35 billion, while the adjusted EPS reached USD2.05, slightly above the expected USD2.03.

During the period, Broadcom's revenue beat forecasts with a rise of 29% to USD19.31 billion. In particular, the AI revenue surged by 106% to USD8.4 billion.
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US stocks elevated on Wednesday, and the surge in oil prices slackened, as the market kept close tabs on the developments in the US-Israel-Iran conflict but the latest US economic data boosted investor sentiment.

The Nasdaq showed the strongest rebound among the three major stock indices, opening up 104 points or 0.5%, and closing up 290 points or 1.3% at 22,807. The S&P 500 added 52 points or 0.8%, closing at 6,869. The DJIA opened up 88 points or 0.2% and briefly turned south, but ended the day up 238 points or 0.5%, at 48,739.

Techs picked up, with Micron Technology (MU.US) and AMD (AMD.US) swelling more than 5%; Intel (INTC.US) leaping about 6%; Broadcom (AVGO.US) and NVIDIA (NVDA.US) both mounting by over 1%.

Amazon (AMZN.US) led the upswing among "Magnificent Seven", up by nearly 4%, while Tesla (TSLA.US) shot up over 3%.

The US will implement a series of measures to stabilize oil transportation in the Persian Gulf, and hence oil prices fell for the first time since the Iran conflict on Wednesday, leading to a decline in oil stocks, with Chevron (CVX.US) and ExxonMobil (XOM.US) each dropping over 1%.
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