SK Hynix prepares massive $28 billion NASDAQ listing as AI chip demand surges

The post Why This Nasdaq Bitcoin Company Just Sold $87 Million Worth of BTC appeared on BitcoinEthereumNews.com. The post Why This Nasdaq Bitcoin Company Just Sold $87 Million Worth of BTC appeared first on Coinpedia Fintech News Nasdaq-listed company Empery Digital has sold a large chunk of its Bitcoin holdings to raise cash, according to a filing with the US Securities and Exchange Commission. At the time of writing, Bitcoin price is up by more than 2.20% and is trading slightly below the $64,000 mark. What happened Empery Digital sold 1,400 Bitcoin … Source: https://coinpedia.org/news/why-this-nasdaq-bitcoin-company-just-sold-87-million-worth-of-btc/

The post Meta’s In-House AI Chip Sparks Rally in Chip Equipment Stocks appeared on BitcoinEthereumNews.com. Key Highlights Meta is set to launch production of its proprietary AI chip, dubbed “Iris,” this September Semiconductor equipment manufacturers Applied Materials, Lam Research, and KLA each climbed more than 4% following the announcement Lumentum dominated S&P 500 gains with a 12% surge Wall Street analysts boosted price targets for Applied Materials and Lam Research in response Industry forecasts predict the wafer fabrication equipment sector will expand from $145 billion in 2025 to $250 billion by 2028 Meta Platforms revealed its intention to commence production of “Iris,” a custom-designed AI processor, beginning in September. The disclosure triggered a substantial rally in semiconductor equipment manufacturers on Thursday. Applied Materials, Lam Research, and KLA—all major suppliers of wafer fabrication equipment used to transform silicon wafers into functional microchips—exp

Empery Digital sold 1,400 BTC at an average price of $62,200, raising $87.1M. The company will use proceeds for debt repayment, property deals, and legal expenses. Empery Digital is shifting focus toward AI data centers and energy infrastructure. Empery Digital has sold 1,400 Bitcoin for approximately $87.1 million as the Nasdaq-listed company redirects capital toward […] The post Empery Digital Sells 1,400 BTC to Repay Debt and Fund AI Expansion appeared first on Live Bitcoin News.

The post SK Hynix Shatters Records with $26.5B US IPO Debut appeared on BitcoinEthereumNews.com. TLDR Friday’s session saw the Dow rise 0.1%, S&P 500 remain unchanged, and Nasdaq decline 0.2% South Korean chipmaker SK Hynix secured $26.5 billion through its American stock offering, setting an all-time record for foreign companies Semiconductor sector experienced downward pressure before SK Hynix’s Nasdaq trading debut Crude oil maintained levels around $72 per barrel as Strait of Hormuz shipping experienced renewed disruptions Delta Air Lines exceeded profit forecasts but shares declined due to elevated fuel expenditures American equity markets displayed varied performance Friday morning as market participants focused on an unprecedented Wall Street milestone. South Korean memory semiconductor manufacturer SK Hynix commenced Nasdaq trading following a record-shattering $26.5 billion American stock offering. This unprecedented capital raise establishes a new benchmark as the most substa

Prolonged chip shortages may drive tech firms to rethink infrastructure strategies, potentially reshaping global tech investment landscapes. The post SK Hynix CEO warns memory chip shortages will last beyond 2030 appeared first on Crypto Briefing.

The SK Hynix IPO may shift global investment focus towards US markets, potentially impacting capital flows into alternative assets like crypto. The post Nasdaq president says SK Hynix listing is sparking a wave of global IPO interest appeared first on Crypto Briefing.

The post Empery Digital sells 1,400 BTC for $65M to fund AI pivot appeared on BitcoinEthereumNews.com. Empery Digital (NASDAQ: EMPD) sold 1,400 Bitcoins from the stash it built throughout 2025 at an average of $62,200 a coin, raising about $87.1 million to invest in AI data centers and pay down debt. The Nasdaq-listed company started the sale in May and is now left holding 1,514 BTC. Why did Empery Digital sell its Bitcoin? Barely one year ago, Empery Digital rebranded from Volcon Inc. and changed its whole business plan from electric vehicles to focusing on holding Bitcoin. Now, it is walking away from that strategy to chase the booming demand for AI computing power. Why? The simple answer is that its Bitcoin investment lost a lot of value. Cryptopolitan previously reported that Empery bought most of its Bitcoin when prices were around $117,000 per coin. However, when prices fell below $70,000 earlier this year, those holdings dropped more than 40% in value. The company revealed in an

SK hynix's Nasdaq debut highlights the escalating demand for AI infrastructure, potentially reshaping global tech investment dynamics. The post SK hynix surges to $170 on Nasdaq debut, topping SpaceX’s opening day pop appeared first on Crypto Briefing.