Samsung Electronics

Bitcoin stayed close to $64,250 on Wednesday as most major cryptocurrencies posted modest gains, led by Solana and ether. The crypto market remained comparatively steady while Korean semiconductor shares tumbled and investors awaited Federal Reserve minutes.

Samsung’s record quarterly profit was not enough to support AI-linked chip stocks, adding to doubts over whether infrastructure spending can keep expanding at the same pace. The cooling sentiment could matter for crypto markets if capital begins rotating away from crowded AI trades and back toward digital assets.

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.