NVIDIA Spectrum-X Ethernet Silicon Photonics technology is now in full production, delivering 5x higher network efficiency compared to traditional transceivers.
June 2: NVIDIA’s Spectrum-X Ethernet Silicon Photonics Technology is now in full production. The next-generation Spectrum-X switch is built on Chiplet-based Photonics and Electronics Co-Packaging (CPO) technology, supporting NVIDIA’s Vera Rubin platform for data center scale-out and cross-region AI Factory deployments.
Spectrum-X Ethernet Silicon Photonics Technology serves as a key example of NVIDIA’s full-stack co-design approach. Compared to networks using traditional transceivers, it delivers a 5x improvement in energy efficiency, a 5x boost in AI uptime, and 1.3x faster deployment times.
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Tiger Global: Starting from June 12, all types of new opening and adding positions for existing investors' accounts in China will be suspended
June 2 – Per a report from the Securities Times, Tiger Brokers announced it will adjust services for existing mainland China-based investor accounts to comply with industry regulatory requirements during a two-year rectification period and support standardized cross-border securities operations.
Effective June 12, 2026 (Beijing Time):
- Onshore trading services: A temporary suspension of new position openings and additional buys across all security types is implemented; only sell orders and position closings will be allowed.
- Onshore fund transfers: Fund deposits are suspended, while withdrawals remain fully operational to safeguard customer fund safety.
Tiger noted these changes will not impact services for its existing overseas investors, nor compromise the security of any customer’s current assets. Clients are advised to proactively check their accounts, holdings, and sell existing positions as needed.
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AI data center company Hyperscale holds approximately $51.8 million in BTC
June 2, 2026 – AI data center company Hyperscale (NYSE American: GPUS) announced today that as of May 31, 2026, the company holds 704.3405 bitcoins. Calculated at a per-bitcoin price of $73,579 as of May 31, the total value of its bitcoin holdings amounts to approximately $51.8 million. Hyperscale also noted that it did not make any bitcoin purchases on the open market during the past week.
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HYPE Hits New All-Time High, Trading HYPE on the Pacifica Platform Offers 74.5% Fee Discount
On June 2, the Solana ecosystem’s perpetual contract trading platform Pacifica announced via official statement a new promotion tied to Hyperliquid’s native token HYPE, which has been hitting fresh price highs lately. To celebrate HYPE’s run, Pacifica is boosting fee discounts for HYPE trades to 74.5% — a number matching HYPE’s prior all-time high of $74.5 USD, meaning users can lock in roughly a 75% discount on all HYPE transactions on the platform.
Additionally, in response to commodity price swings driven by recent US-Iran geopolitical tensions, Pacifica has launched a new Global Monitor tool to help users track related real-time developments.
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Bitget upgrades its US stock product, directly connects to US stock liquidity, and supports contract margin trading.
On June 2, Bitget unveiled Version 2.0 upgrades to its U.S. stock spot trading products. The enhanced U.S. stock spot tokens will be issued via its licensed Real-World Asset (RWA) protocol, Reality, designed to boost liquidity depth, asset transparency, and capital efficiency. Concurrently, Bitget is rolling out a limited-time 50% trading fee discount, letting users lock in a 0.05% reduction on both Maker and Taker fees for U.S. stock spot token trades.
Post-upgrade, Bitget’s U.S. stock tokens will connect directly to global liquidity pools including the Nasdaq and New York Stock Exchange (NYSE), lifting order depth and trade execution speed. Stock dividends will be delivered to users’ accounts as 1:1 tokenized equivalents, while cash dividends auto-convert to USDT. Stock splits and mergers will sync with on-chain token mappings, so holders gain the full economic perks of direct U.S. stock ownership.
For capital efficiency, these stock tokens serve as unified account collateral,
2 minutes ago
US Stock Photonic Module Concept Stocks Surge in Pre-market Trading, AAOI and LITE Up Over 7%, Photonic ETF FOTO Soars 5.29%
June 2, per Bitget market data, U.S. photonic concept stocks rallied in pre-market trading, with several key names posting strong gains:
- Applied Optoelectronics (AAOI): Up 7.39%, trading near $200. The company is a manufacturer of high-speed optical modules (800G/1.6T) focused on AI data center transceivers.
- Lumentum Holdings (LITE): Rose 8.2% to above $980. It’s a core supplier of optical communications lasers and modules, a major player in AI data center infrastructure.
- Coherent Corp. (COHR): Gained 5.78%, topping $383. A leader in lasers, optical components, and photonics solutions, serving both data center and industrial markets.
- Nokia (NOK): Climbed 4.9%. The telecom giant has recently expanded heavily into optical networks and AI data center interconnection, making it a key extended player in the photoelectronics and optical module space.
- Ciena Corporation (CIEN): Up 3.89%. The firm produces high-speed SerDes and interconnect chips, focusing on low-power interconnection
2 minutes ago
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