Crypto News and Market Analysis

Connector manufacturer Hung Chih (stock code 3605) reported third-quarter earnings slightly below analyst expectations, with earnings per share of 1.42 TWD, as ASIC AI server platform transitions affected results. The company's AI-related revenue ratio rose to 26% in Q3 from 20% in the previous quar

Microsoft data center construction projects are showing signs of delays according to satellite imagery analysis reported by Business Insider. Market research firm Aterio's satellite analysis revealed problems at two data center projects involving neocloud companies Iren and Nevius that are partnerin

Powerchip Technology Corporation is holding a shareholder meeting on November 25 to elect seven directors and three supervisors, amid a governance battle triggered after founder Huang Chung-jen's death. Management distributed NT$1,088 Burger King vouchers through proxy solicitation channels to secur

Former FBI supervisory special agent Patrick Steven Yaroch pleaded guilty on November 5 to wire fraud and money laundering in Alexandria, Virginia. The 37-year-old admitted to stealing approximately US$2.47 million in cryptocurrency through about 100 fraudulent transfers from at least 79 wallets mon

Terafab, the joint semiconductor manufacturing initiative by Tesla and SpaceX, has communicated to equipment suppliers a target of producing 1 million wafers per month starting in 2032, with 700,000 wafers for memory chips and 300,000 for logic chips, according to Nikkei reports cited by Wccftech. T

SpaceX CEO Elon Musk projected on November 6 at the Baron Investment Conference that the company's annualized revenue will exceed $500 billion by December 2027, driven by AI computing business demand. The projection represents approximately double Wall Street's annualized estimate for the fourth qua

The Philippine Department of Energy (DOE) announced fuel price rollbacks effective November 10 to 16, with gasoline decreasing by at least P16.80 per liter, diesel by at least P4.10 per liter, and kerosene by at least P3.70 per liter. International oil prices fell as hope rekindled for the easing of