Zhenhua Technology shares fell sharply in early trade on July 2; at midday the stock was 58.97 yuan, down 5.35%. The previous trading day the stock hit the daily up limit after reports of MLCC suppliers raising prices. The company said MLCC price increases for AI servers are unrelated to its core business, noting AI-related MLCC hikes mainly involve a few large, consumer-facing suppliers and that Zhenhua’s MLCC business is very small and not separately quantified. It acknowledged some product pr

The Financial Times reports the White House is negotiating with AI firms to create voluntary standards for new model releases, after U.S. interventions in deployments by Anthropic and OpenAI. People familiar with the talks say the standards could be published as early as next week, setting baselines for models with advanced internet capabilities and establishing release timelines to streamline future rollouts. The initiative implements President Trump’s AI executive order from last month; stakeholders are seeking clarity on how the government will regulate the technology. Officials expect the U.S. AI Standards and Innovation Center and the NSA to play key roles in drafting and overseeing the standards. Sources add U.S. officials will specify which entities may access advanced models domestically and abroad, a step that could form the basis for a global framework including U.S. allies.

EMSC reported 3 minutes ago a magnitude-5.6 earthquake 13 km southeast of Karpathos, Greece.