Chinese DRAM maker CXMT has just started trading. The Hyperliquid degenerates will need to review this chart at the end of the week. Maybe a good trade if you can time it all correctly. Otherwise, the price is way too high.

The Chinese troll on a whole different level.

This is the Time Magazine cover

Well, I’ve been waving my hand like a mad man for a while now saying “What the Chinese did with EVs they will do with robots …. only faster.” To this, I get looks as though I’m a crazy person on the street corner calling for the End of Times.

This week’s Time Magazine cover story. Unitree Robotics. Should also mention that the company will be kicking off its own IPO on a matter of days. https://time.com/article/2026/07/23/unitree-china-human-robotics/

For me, the boys in DC are laying the groundwork for heavily restricting Chinese models. It still shocks me how ignorant these policy makers are on even the simplest of concepts. It’s open source!!

And the hits keep on coming. The downside of heightened regulatory capture is a radical reduction in any urgency to innovate and compete. What you are now seeing play out in the open versus closed source models can be traced back (the original sin) to the 2018 sanctions placed on Huawei and ZTE. It became existential not just for the Beijing leadership but for China’s entire tech ecosystem. U.S. official: Moonshot AI accessed Nvidia's chips despite Chinese export ban https://www.cnbc.com/2026/07/23/moonshot-kimi-nvidia-ai-chips-export-ban.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard

Starting to see some commentary centered on Chinese open source models “used by criminals” as an argument for restricting access. Now where have I heard that argument before?

This should be fun. Trump administration looking at ways to curtail access to Chinese open source models. My thinking is that they’re not though through all the second and third order effects from such a move.

Last week as insane here with China delivering a series of body blows to the American “tech stack”. Xi Jinping, the Chairman of the Communist Party of China gave his full throated support to open source AI development. Never in my wildest dreams would I have expected “The Party” to take such position. Moonshot releases Kimi K3 and the model quickly becomes the center of everyone’s attention. And not only is there a consensus that the performance is just shy of the American frontier models, but there aren’t any guardrails. Just use Kimi to do what you need to do. It was only a month ago with Zhipu released GLM 5.2. The iteration process in just instance. Finally, there was the listing of CXMT which is now the largest IPO of a Chinese company in a decade. The company is set to raise some $8billion all of which will be deployed to aggressively expand DRAM production capacity. The impact has been immediate if you just look at the price action of Samsung, SK Hynix and Micro. I have no idea what to expect sitting here first thing on yet another Monday Morning.