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Samsung and SK Hynix to announce major investment plans on Monday.

1 hours ago

According to The Korea Times, South Korea’s presidential office stated Sunday that Samsung Electronics and SK Hynix will unveil major investment plans at a meeting chaired by President Lee Jae-myung on Monday. The investments will be announced at a briefing held at Cheong Wa Dae at 2 p.m. KST (1 p.m. Beijing Time) Monday, as part of the government’s push to advance its "three mega projects" aimed at balanced regional development. A presidential spokesperson added that the initiative is jointly driven by the ministries of trade, science and technology, transport, and energy. Samsung Electronics Chairman Lee Jae-yong and SK Group Chairman Choi Tae-won will attend the event and participate in discussions with other attendees. Industry observers expect the two chipmakers to invest over 1,000 trillion won (approximately $650 billion) over the next decade, with potential plans to develop a semiconductor industrial cluster in the southwestern Honam region. Lee Jae-myung called the investment a "historic achievement" and a policy initiative that could transform South Korea’s fate during a Saturday address.

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Critini Analyst: Micron’s strategic importance is far greater than currently perceived; in the AI era, inference is memory.

Critini Research analyst Jukan has refuted bearish views on Micron’s future on X. Jukan noted that while Micron is not NVIDIA, it could be more important than NVIDIA in the future. Currently, AI inference is directly tied to profitability, but the problem is that simply ramping up NVIDIA GPU volumes does not improve inference performance, as GPUs often sit idle due to memory bottlenecks. In the AI inference phase, increasing memory is more valuable than adding GPUs, and the return on investment for inference ultimately depends on memory rather than GPUs. Therefore, investors should not evaluate Micron using the framework applied to NVIDIA, but instead focus on a broader truth: inference is memory. Jukan argues that in the later stages of the AI era, memory—especially high-bandwidth memory (HBM)—will become a more critical bottleneck and value source than GPUs, meaning Micron’s strategic position could exceed current market expectations.

23 minutes ago

F2Pool co-founder Wang Chun has added another 4,950 ETH to his holdings, bringing his total recent ETH purchases to 92,000 ETH.

According to Lookonchain's monitoring, Wang Chun, co-founder of F2Pool, has once again withdrawn 4,950 ETH from Binance, valued at approximately $7.74 million. Since May 26, Wang Chun's address has cumulatively withdrawn 91,945 ETH (worth around $159.9 million) and 973 WBTC (valued at about $60.72 million) from Binance.

23 minutes ago

Serenity: Google's computing power constraints may help explain Meta's large-scale signing of AI Neocloud, which is positive for AI data center capital expenditures.

Serenity’s report states that Google allegedly restricted Meta’s computing capacity in March 2026 due to tight computing power resources, a move that may explain why Meta signed a large-scale cooperation agreement with AI Neocloud service providers such as NBIS at the time, and also imposed certain limitations on the Gemini model’s capabilities. Serenity notes that Google’s CEO previously disclosed during an earnings call that insufficient computing power resources limited Google Cloud’s ability to take on more customer demand, with related order backlogs nearly doubling from the prior quarter. Serenity believes this situation further illustrates that computing power supply from hyperscalers remains far below market demand, and even these large cloud providers are unable to supplement each other’s resources. In the long run, this will continue to underpin the logic driving AI data center construction and capital expenditure expansion.

23 minutes ago

Israeli military says it killed several Hezbollah militants in southern Lebanon.

The Israel Defense Forces (IDF) issued a statement on the 28th, saying its troops killed several Hezbollah fighters in southern Lebanon on the 27th. The statement added that IDF forces spotted several Hezbollah fighters carrying rockets in the Nabatieh region of southern Lebanon that day, then launched an attack on them, killing the fighters and destroying their operational site. Separately, the IDF destroyed a Hezbollah rocket launcher in another strike. The statement noted that the incident site is adjacent to the "security zone" where IDF soldiers are carrying out missions, and the IDF will continue operations to "eliminate threats".

23 minutes ago

Bitcoin may record a historically rare decline over two consecutive quarters.

Bitcoin briefly dipped below $60,000 over the weekend, logging a roughly 7% decline in the past week. As the second quarter draws to a close, Bitcoin is on track to post a roughly 12% quarterly drop, following a 22% fall in the first quarter, which would mark a rare back-to-back quarterly loss in its history. Meanwhile, altcoins have generally seen steeper declines than Bitcoin: Ethereum fell around 9.5% in the past week, Dogecoin dropped 11.7%, HYPE slipped 10.6%, XRP declined 8.7%, Solana fell 3.5%, and TRON saw a roughly 1.5% drop. Analysts attribute the market’s ongoing pressure to multiple factors, including sustained capital flows into AI-driven semiconductor and memory chip sectors, persistent outflows from U.S. spot Bitcoin ETFs, the Federal Reserve’s hawkish stance, and the U.S. Dollar Index staying at high levels. The market will watch closely for ETF capital flows and demand improvements in the third quarter to judge whether the crypto market can shake off its weak performance in the first half of the year.

23 minutes ago

A trader’s bet on ANSEM delivered a 261x return, generating over $610,000 in unrealized profit on a $2,300 stake.

According to Lookonchain’s monitoring, a trader with the address CxCTVj has generated roughly 261x returns trading ANSEM. Data shows the trader initially invested only $2,330 to purchase 14.2 million ANSEM tokens. They have since sold 4.2 million ANSEM, cashing out approximately $68,100, and currently hold 10 million ANSEM, worth around $548,800 at current prices. To date, the trader’s combined realized and unrealized profits total about $614,500, translating to an ROI of roughly 261 times.

23 minutes ago

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