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Changxin Technology's stock opened higher then moved lower, briefly falling below 40 yuan.

1 days ago

Changxin Technology opened higher but trended lower, briefly falling below 40 yuan and now trading at 45 yuan. Its stock contract is quoted at 6.4 US dollars. Additionally, China’s STAR 50 Index dropped more than 3%, with the entire semiconductor industry chain slumping. GigaDevice hit the daily limit down, Hua Hong Semiconductor and Allwinner Technology fell over 10%, while Montage Technology, Tongfu Microelectronics, BYV Storage and others led the declines.

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Meta and BlackRock are partnering to invest approximately $14 billion in data center development, with the facilities set to have a computing capacity of 1 gigawatt.

Meta Platforms (META.O) announced a partnership with BlackRock on a new strategic project to develop data centers in El Paso. The two firms will jointly invest approximately $14 billion in development costs. The deal is expected to close in the coming days, with related capacity set to launch in 2028. Meta will contribute $2.3 billion in assets, while BlackRock will provide $4.9 billion in cash at closing. Meta will offer management services and act as the exclusive first user of the El Paso campus, which will have 1 gigawatt of computing capacity.

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A newly created address withdrew 10,000 Ether from Bybit, worth approximately $18.81 million.

According to OnchainLens monitoring, crypto whales continue to accumulate Ethereum, with a newly created address withdrawing 10,000 ETH from Bybit, valued at approximately $18.81 million.

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Morgan Stanley: After the recent pullback, the AI supply chain still boasts an attractive risk-reward ratio.

Morgan Stanley said that following a recent pullback, the artificial intelligence (AI) supply chain still delivers an attractive risk-reward ratio, adding that the sell-off was primarily driven by technical factors and profit-taking. The firm forecasts that AI computing demand will outpace supply in the coming years, and remains optimistic about AI capability upgrades, applications, and the growth of AI-related long-term capital expenditure.

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Cumberland transferred 108,090 HYPE to centralized exchanges (CEX), valued at approximately $5.95 million.

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Across attacker returns 331.8 ETH to the protocol's multi-sig address, valued at approximately $623,900.

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Upbit designates STORJ as a trading warning project.

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