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South Korea’s $518 Billion AI Chip Push Raises Fresh Crypto Questions

By FXCOINZ Editorial

9 hours ago

Samsung Electronics and SK Hynix plan to pour about $518 billion into new chip facilities, a move aimed at doubling South Korea’s DRAM output and meeting surging AI demand. The scale of the investment underscores how aggressively capital is rotating into AI infrastructure just as crypto markets struggle for momentum.

Cerebras Drops 11% After First Public Earnings Report

By FXCOINZ Editorial

5 days ago

Cerebras Systems fell 11% in after-hours trading after issuing a weaker gross margin outlook for the current quarter. The AI chipmaker posted strong revenue growth and a smaller-than-expected loss, but investors focused on profitability pressure.