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Infineon joins NVIDIA's MGX AI Factory to enhance power delivery for next-gen AI data centers.

Market News
28 May 2026
PRNewsWire
View Source
Bullish
Infineon joins NVIDIA's MGX AI Factory to enhance power delivery for next-gen AI data centers.

Infineon Technologies has joined NVIDIA's MGX AI Factory ecosystem to improve power management in AI data centers using NVIDIA's 800 VDC power architecture. Infineon's advanced power solutions, including silicon carbide and gallium nitride technologies, will support more efficient and scalable AI compute performance within existing infrastructure constraints. This collaboration aims to enable higher-density AI deployments with better energy efficiency and simpler infrastructure, preparing data centers for future AI workloads.

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Ether (ETH) price drops 1.24% in one hour amid $4.59M long position liquidations

Ether (ETH) price drops 1.24% in one hour amid $4.59M long position liquidations

Ether (ETH) price fell by 1.24% to $2,445 within one hour on October 16, with a notable $4.59 million in long position liquidations across Binance, Bybit, and OKX exchanges. Despite the hourly drop, Ether was still up 0.78% over the previous 24 hours...

Market News
Bearish
4 hours ago
NIP Group approves share capital increase and updates corporate governance at EGM

NIP Group approves share capital increase and updates corporate governance at EGM

At its Extraordinary General Meeting held on October 16, 2026, NIP Group Inc. approved a significant increase in its authorized share capital from US$200,000 to US$1,000,000, expanding the total shares from 2 billion to 10 billion across three classe...

Company Fundamentals
Neutral
4 hours ago
Injective (INJ) jumps 27% after two US ETFs plan to hold and stake the token

Injective (INJ) jumps 27% after two US ETFs plan to hold and stake the token

Injective (INJ) surged 27.43% to $9.269 following announcements that two proposed U.S. ETFs plan to hold and stake the token. The 21Shares Injective ETF may stake part of its holdings if it poses no legal risk, while the Canary Staked INJ ETF intends...

Market News
Bullish
4 hours ago
Changan signs European partnerships and launches local service program to boost market presence

Changan signs European partnerships and launches local service program to boost market presence

At the 2026 Mondial de l’Auto, Changan Automobile signed letters of intent with eight companies across seven European markets and launched its "with U" service program. This marks a strategic move to build a strong local ecosystem combining manufactu...

Market News
Bullish
4 hours ago
Changan strengthens European presence with new partnerships and local service launch

Changan strengthens European presence with new partnerships and local service launch

Changan Automobile announced new partnerships covering seven European markets and launched its "with U" service program at Mondial de l’Auto 2026. This marks a shift from market entry to building a local ecosystem including manufacturing, sales, serv...

Market News
Bullish
4 hours ago
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