Meta Platforms, Inc.

Tesla, Inc.

AI chip startup Groq is in talks to raise $600 million at a valuation of $6 billion, double its last round in August 2024. Meta is preparing to report quarterly earnings on the back of a massive investment in supercomputing data centers and the hiring of key industry experts, including former OpenAI employees. Meanwhile, South Korea's LG Energy Solution signed a $4.3 billion contract with Tesla to supply LFP batteries for energy storage systems, strengthening its position in the US market. On these and other topics - in our review of key events by the morning of July 30.

Highlights for this morning: LG strikes deal with Tesla, US and China seek compromise on tariffs

Taiwan Semiconductor Manufacturing Company Limited

SK hynix Inc.

Samsung Electronics Co., Ltd.

SK Hynix and Samsung quotes rose sharply amid weakening geopolitical risks

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Highlights for this morning: LG strikes deal with Tesla, US and China seek compromise on tariffs

Korean stocks emerged as the top gainers in Asia after de-escalation in the Middle East