SK Hynix announced a $38.1 billion investment to build two new memory chip manufacturing plants in South Korea, responding to surging demand driven by AI and data center growth. The Yongin plant (Y2) will focus on DRAM production, while the Cheongju plant (M17) will produce NAND memory. Construction starts in 2027, with production beginning by 2028-2029. This move aims to address supply shortages and capitalize on rising memory prices, strengthening SK Hynix's market position.
XRP price rose to $1.43, up 3.13% in 24 hours, with strong trading volume of $3.41 billion. Analysts highlight an inverse head-and-shoulders pattern forming, targeting a breakout above $1.55 that could trigger a 35% rally toward $2. Large holders hav...
Oracle's capital spending on AI infrastructure has surged, causing free cash flow to turn sharply negative and shifting funding reliance from internal cash to debt. This shift raises the cost of capital and pressures investment returns, evidenced by ...
Injective's Meridian mainnet upgrade proposal (IIP-701) passed with 99% support from INJ stakers, marking a major step for institutional adoption. The upgrade, scheduled for September 24, 2026, introduces regulated token standards on Injective's EVM,...
President Trump will host Chinese President Xi Jinping at the White House to discuss key issues including trade, tariffs, Taiwan, AI, and rare-earth exports. The talks come amid concerns that failure to extend a rare-earth export ban truce could esca...
Ethereum has regained the $2,500 price level amid a significant 28% drop in ETH held on exchanges since May 2025, reducing the liquid supply available for trading. Increased staking, now at over 35%, further removes ETH from circulation, tightening s...
