MicroStrategy stock surges 94% YTD as Bitcoin nears $100K
MicroStrategy stock has soared 94% in 2024, fueled by Bitcoin’s rally above $97,000, with $15 billion in unrealized gains. Go to Source
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MicroStrategy’s market cap on track to top Intel’s
Analysts expect MSTR stock to pump to as high as $450 as Bitcoin’s price continues to rise. Go to Source
Bitcoin price peels back from its weekly high, but BTC derivatives markets look good
Wider economic and stock market-related issues are impacting Bitcoin’s softening price, but futures market data shows traders still feel bullish. Go to Source
Tech stocks plummet as Intel nosedives, Nvidia faces antitrust probe
It’s layoff season again as big tech and the semiconductor industry fail to meet investor expectations. Go to Source
Bitcoin derivatives turn bearish as traders anticipate sub $60K BTC price
Bitcoin derivatives data suggests that macroeconomic and crypto-specific factors are behind BTC’s recent drop below $60,000. Go to Source
Intel and AfDB to train millions of Africans in AI
The initiative aims to equip many Africans with skills in advanced technologies like artificial intelligence, robotics and data science. Go to Source
AI chip developer gets $100 million from Samsung and Hyundai
The AI chip developing company Tenstorrent just closed a funding round worth $100 million which was led by manufacturing giants Samsung and Hyundai. Go to Source Powered by WPeMatico
AI mentions skyrocket in major tech companies’ Q2 calls
As major tech companies race to develop and deploy high-level AI systems, mentions of the technology is skyrocketing in company calls. Go to Source Powered by WPeMatico
Chip Giant Intel Abandons Bitcoin ASIC Production
After announcing the production of bitcoin application-specific integrated circuits (ASICs), Intel, the world’s largest semiconductor chip manufacturer by revenue, appears to be abandoning its blockchain chip production. On Tuesday, a spokesperson for the chip manufacturer explained that Intel has “end-of-lifed the Intel Blockscale 1000 Series ASIC.” Intel Spokesperson Discloses Company Has End-of-Lifed the Blockscale 1000 … Read more
Intel will stop manufacturing chips for Bitcoin miners: Report
The semiconductor chip manufacturing company will reportedly stop taking orders for the Blockscale 1000 Series ASICs by Oct. 20. Go to Source Powered by WPeMatico