Cryptocurrency Analysis and News Portal
The market expects the UK’s apex bank to hold off on increasing or decreasing interest rates even as economic data is falling. The Bank of England (BoE) is expected to hold UK interest rates on Thursday due to recorded price pressures and a decline in economic activity. At the moment, the
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Canon, the Japanese company recognized for its printers and cameras, unveiled a pivotal solution on Friday, Oct. 13, designed to aid in the production of cutting-edge semiconductor components.According to a report from CNBC, Canon's recently introduced "nanoimprint lithography" system represents the company's competitive response to Dutch firm ASML, a dominant
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There is a growing interest in generative AI space, which has inadvertently resulted in increased demand for Graphical Processing Units (GPUs). OpenAI, the company widely known for its artificial intelligence (AI) chatbot ChatGPT, is reportedly interested in manufacturing custom AI chips. According to a Reuters report, which cited inside sources, OpenAI
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Tesla is likely to decide on a breakthrough method of die casting multiple sections of its EVs to reduce cost and improve production. Tesla Inc (NASDAQ: TSLA) has reportedly figured out a technological breakthrough that will transform the process of making electric vehicles. Fine-tuning the process will help Tesla cut production
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Intel is putting a major push towards focusing on its foundry business and closing the gap with chip-manufacturing giants like TMSC. During Wednesday’s trading session, June 21, Intel (NASDAQ: INTC) stock tanked by 6% ending the day at $32.90 levels. This happened as the Intel company announced a major turnaround
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Apple is reportedly getting more involved in producing its own cutting-edge screen displays and could launch the technology in 2025. US tech giant Apple (NASDAQ: AAPL) is intensifying its plans to produce next-generation displays so that it can rely less on Korean rival Samsung. By getting involved in display-making technology, Apple also seeks to
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Major United States-based technology company Intel has reportedly announced plans to discontinue its line of Blockscale Bitcoin mining chips as part of efforts to cut costs.According to an April 18 Reuters report, the semiconductor chip manufacturing company will stop taking orders for the Blockscale 1000 Series ASICs by Oct. 20
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The Marlborough, Massachusetts startup started out in the early days of bitcoin mining in Hong Kong, before being merged into German miner Bitfury in 2015, and then going off on its own again in 2021. "We were the first company in the world to not only deploy immersion cooling for
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The cryptocurrency's Wednesday bounce is consistent with the recent trend of Asian flows leading the market strength. Source
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EV maker Tesla has applied with the state of Texas regarding the expansion of its Austin-based gigafactory to accommodate more operations. Tesla (NASDAQ: TSLA) plans to spend more than $770 million on the expansion of its factory in Austin, Texas. January filings with the Texas Department of Licensing and Registration disclose
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