According to BlockBeats, on July 18th, Bit.com data showed that the Philadelphia Semiconductor Index has retreated more than 20% from its all-time closing high reached on June 22nd, entering a bear market. The Philadelphia Semiconductor Index fell 10% this week, its largest weekly drop since April 2025.

According to BlockBeats, on July 18, U.S. Central Command stated that at 3 p.m. Eastern Time on Friday, U.S. Central Command launched its seventh consecutive night of strikes against Iran, aimed at further weakening Iran's military capabilities.

Iran's Supreme Leader's advisor, Rezaei, previously stated that if the United States continues its attacks in the next two to three days, Iran will end its previous strategy of deterrence and reciprocal retaliation, shifting to a phase of "full-scale offensive and destruction," and may directly strike US military bases and personnel abroad. He claimed that Iran's previous restraint was to avoid the spillover of regional conflict, but the US's "miscalculation" could escalate the situation.

Rezaei also called on regional countries and governments, including Kuwait, Jordan, Qatar, and the UAE, to stop the US and Israel from escalating their actions, and said that the US strategy of "simultaneous war and negotiation" had failed, and that Iran would intensify its counterattack in the coming days.

According to BlockBeats, on July 18th, based on Bit.com market data, US stocks closed on Friday with the Dow Jones Industrial Average down 0.77%, the S&P 500 down 1.07%, and the Nasdaq down 1.4%. Chip stocks were mixed: Western Digital (WDC.O) rose 2.23%, Seagate Technology (STX.O) rose 5.66%, SK Hynix ADR (SKHY.O) rose 1.13%, Nvidia (NVDA.O) fell 2.21%, Meta Platforms (META.O) fell 2.79%, and SpaceX (SPCX.O) fell 5.43%.

Apple (AAPL.O) closed up 0.14%, with its market capitalization briefly surpassing Nvidia's during the session.

According to BlockBeats, on July 18th, US President Trump stated that the June inflation data brought encouraging news! The CPI monthly rate saw its largest drop in six years. The June CPI was lower than the forecasts of every economist (67 in total) surveyed by Bloomberg.

Prices for a wide range of goods, including gasoline, electricity, auto insurance, hotels, and prescription drugs, have all declined. With strong wage growth and falling prices, real wages have risen sharply by 0.8%. With investment pouring into the U.S., rapid expansion of factory construction, increased manufacturing employment, and persistently low prices, we have so much to be proud of—America's golden age has arrived!

TSMC announced it will invest an additional $100 billion in its semiconductor manufacturing plant in Arizona. This brings its total investment in U.S. manufacturing to a record $265 billion. My trade policies and trade agreements are delivering on all my promises.

From automobiles and pharmaceuticals to semiconductors and the entire economy, the Trump administration is bringing advanced manufacturing back to America. This is what success looks like! Massive hiring, massive construction, massive investment—welcome to America's golden age! We invite everyone to build factories in America.

According to BlockBeats, on July 18, Rezaei, an advisor to Iran's Supreme Leader, stated that if the United States continues its attacks in the next two to three days, Iran will end its previous strategy of deterrence and reciprocal retaliation and shift to a phase of "full-scale offensive and destruction," potentially directly targeting US military bases and personnel outside the country.

He stated that Iran's previous restraint was to avoid the spillover of regional conflict, but the US's "miscalculation" could escalate the situation. Rezaei also called on Kuwait, Jordan, Qatar, the UAE, and other regional countries and governments to stop the US and Israel from expanding their operations, adding that the US's strategy of "simultaneous war and negotiation" has failed, and Iran will intensify its counterattacks in the coming days.