International Perspective · July 20, 2026
① WAIC 2026 concludes with 15-point Chairman's Statement on AI global governance — World Artificial Intelligence Cooperation Organization (WAICO) established as world's first AI intergovernmental organization, HQ in Shanghai with 29 founding member countries (China Daily / gov.cn / Xinhua)
② Philadelphia Semiconductor Index (SOX) officially enters bear market — Down 20%+ from June 22 peak, weekly drop ~10%; Apple briefly overtakes NVIDIA as most valuable company; SK Hynix rebounds from 20%+ crash (Finance Biggo / CNBC / Seeking Alpha)
③ SpaceX Starship launch abort sends shares below IPO price — Valuation drops over $1T in one month; Netflix Q2 2026 revenue slowdown warning sparks 7%+ selloff; AMD confirms July 22 Zen6 Venice 2nm server CPU launch (Seeking Alpha / CNBC / Tom's Hardware)