Cambricon shares fell more than 5%.

Iran's state news agency, citing local officials, said the Iranian naval base in Konarak was attacked by an "enemy".

On July 9 Zhizi Xinyuan and China's CPU maker Haiguang signed a strategic cooperation agreement to support AI model deployment, migration, adaptation and optimization on domestic chip platforms. The partners will leverage Haiguang's CPU/DCU product line and open-ecosystem platform together with Zhizi Xinyuan's AI acceleration tools and technical services to strengthen engineering support from chip supply through application deployment for China's domestic AI compute stack.