Volvo Cars CFO: Low profit margins were indeed a second-quarter phenomenon.

London Metal Exchange (LME): Aluminum inventories decreased by 1,200 tons, copper inventories decreased by 525 tons, nickel inventories decreased by 42 tons, lead inventories increased by 50 tons, tin inventories increased by 100 tons, and zinc inventories decreased by 75 tons.

The current account of the euro area in May was not adjusted seasonally -11.3 billion euros, the previous value was 4.232 billion euros.

Volvo Cars CFO: Improved range matched with improved pricing.

German Foreign Minister Berberke: Millions of people need grain exported from Ukraine, and we are working hard to ensure that they do not rot in the granary.

According to Ukrainian Pravda: The White House said that Russia has laid another mine on the route to the Ukrainian port on the Black Sea. Russia could also attack civilian ships in the Black Sea, blaming Ukraine for it.

Wanda’s July 23 dollar bonds rose 28.3 cents to 90 cents.

Market news: The Central Bank of Pakistan is studying the digital currency mechanism.

TSMC (TSM.N): It is speculated that about 50% of the growth in the sales forecast will come from the AI area.

TSMC (TSM.N): Capex growth will be slower than before as we start to harvest investments over the next few years.

TSMC (TSM.N): Nearly 50% of the compound annual growth rate comes from AI servers and AI processors. This shows the potential and growth rate of the AI market.

The Hungarian forint fell 0.5% against the euro for a second straight day.

TSMC (TSM.N): The company expects revenue in the second half of the year to increase by 10% to 12% compared to the first half of the year, but the release of new products will have a certain offset effect with customer inventory adjustments.

TSMC (TSM.N): Customers have had positive feedback on different versions of the 3nm process and there has been a lot of collaboration in building an ecosystem.

TSMC (TSM.N): Targeting new process nodes, such as 3nm, may pose challenges due to increased process complexity. But TSMC still believes that 3nm will be a durable and important node, and plans to maintain high gross margins by providing high added value and reducing costs.

TSMC (TSM.N): Currently not worried about overcapacity in the field of artificial intelligence advanced packaging.

According to the Ukrainian National News Agency: In the early morning of July 20, the Russian army launched 19 cruise missiles and 19 drones to southern Ukraine. The Ukrainian army shot down 18 targets, including 2 Caliber missiles and 3 Iskander missiles. and 13 Shahed drones.