The post What is going on with the global AI chip market right now? appeared on BitcoinEthereumNews.com.
Chipmakers are racing to meet soaring demand driven by the AI boom, reshaping manufacturing, prices, and investment plans. Micron Technology said it will invest more than $250 billion in its US operations by 2035 to expand memory chip production. The investment, up from the $200 billion announced last year, reflects strong AI demand and President Donald Trump’s push to boost domestic chip manufacturing. A large portion of the funding is being used on a semiconductor campus in New York, which Micron claims is operating more than 25% ahead of schedule. The buildout is anticipated to generate over 90,000 jobs nationwide when combined with expansion at its sites in Virginia and Idaho. The Trump administration has made bringing chip production domestically a top priority in an effort to reduce the United States’ reliance on foreign chip manufacturers, boost the country’s economy, and mai
The push for US-based memory chip production could reshape global supply chains, impacting prices and market dynamics across industries.
The post Commerce Secretary Lutnick pressures Samsung and SK Hynix to move memory chip production to the US appeared first on Crypto Briefing.
The post Mexican Peso gains as risk appetite improves, weighs on USD appeared on BitcoinEthereumNews.com.
The Mexican Peso (MXN) registers solid gains of over 0.22% against the US Dollar (USD) on Thursday as risk appetite improves after two days of hostilities between the US and Iran ended, despite US President Donald Trump’s warning that the deal might be “over.” The USD/MXN pair trades at 17.54 after reaching a daily high of 17.57. USD/MXN slips due to US Dollar weakness The emerging market currency is underpinned by broad US Dollar weakness. Data in Mexico showed that the Consumer Price Index (CPI) in June fell to its lowest level since December 2020, tumbling for the third straight month, down from 3.94% to 3.37% YoY, below estimates of 3.52%. Core inflation on an annual basis has risen to 4.03% YoY, slightly above Banxico’s 3% plus or minus 1% goal. The data eases pressure on the Bank of Mexico (Banxico), which last month decided to hold rates unchanged at 6.50%, while signaling t
The post Trump Bitcoin Reserve Talk Needs More Than A Wallet Dashboard To Become Policy appeared on BitcoinEthereumNews.com.
Trump Bitcoin Reserve Talk Needs More Than A Wallet Dashboard To Become Policy
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The post Micron Technology (MU) Stock Surges on $3 Billion Domestic Chip Supply Initiative appeared on BitcoinEthereumNews.com.
Oliver Dale Editor-in-Chief of Blockonomi and founder of Kooc Media, A UK-Based Online Media Company. Believer in Open-Source Software, Blockchain Technology & a Free and Fair Internet for all.
His writing has been quoted by Nasdaq, Dow Jones, Investopedia, The New Yorker, Forbes, Techcrunch & More. Contact Oliver@blockonomi.com Source: https://blockonomi.com/micron-technology-mu-stock-surges-on-3-billion-domestic-chip-supply-initiative/
The post Tensions Soar: Bitcoin Faces a New Financial Landscape appeared on BitcoinEthereumNews.com.
Geopolitical tensions between the US and Iran have made a significant impact on the cryptocurrency market, as seen on July 8 with Bitcoin experiencing a decline of more than 2% in a matter of hours. Triggered by President Donald Trump’s announcement of the ceasefire’s end, investors swiftly retreated from riskier assets, underscoring the interconnected nature […] Continue Reading:Tensions Soar: Bitcoin Faces a New Financial Landscape Source: https://en.bitcoinhaber.net/tensions-soar-bitcoin-faces-a-new-financial-landscape
Bitcoin reserve talk has a way of moving faster than the policy process behind it. That is especially true when Donald Trump, public wallet dashboards, and campaign-era crypto speculation all land in the same conversatio
The post Twice As Many Latino Trump Voters Identify As ‘American’ Over ‘Latino,’ ‘Hispanic’ appeared on BitcoinEthereumNews.com.
Topline Ethnic identity appears significantly less important to the identities of Latinos who voted for President Donald Trump than those who voted for Kamala Harris, according to a new Pew Research poll, which suggests the fastest-growing U.S. voter bloc is starkly divided in its politics. President Donald Trump during a press conference at the NATO Summit in Ankara, Turkey, on July 8, 2026. (Photo by Jakub Porzycki/NurPhoto via Getty Images) NurPhoto via Getty Images Key Facts Twice as many Latino Trump voters, 43%, say they most often describe themselves as “American” compared to 22% of Harris voters and 18% of all Hispanic adults, according to a new Pew Research survey. More than half of Latino Harris voters, 54%, either use their country of origin/heritage alone or combined with American to describe themselves, compared to 36% of Latino Trump voters and
The post Dow Jones rebounds on a phone call and borrowed semiconductor strength appeared on BitcoinEthereumNews.com.
The Dow Jones Industrial Average (DJIA) trades near 52,484 on Thursday, higher by roughly 0.28% and recovering only a modest slice of Wednesday’s rout of more than one percent, after President Donald Trump said Iran had called to make a deal. The bounce is real; the conviction underneath it is rented. The index sits some 470 points below Wednesday’s early peak and roughly 850 beneath the record printed at the start of the week, and buyers have needed two sessions of dip defence just to stabilize the tape, with the afternoon push only now grinding back toward the top of the two-day range. A ceasefire that only exists between airstrikes The United States launched a second consecutive day of strikes on Iran, according to Central Command, after Tehran attacked commercial shipping in and around the Strait of Hormuz and slowed traffic through the waterway to a crawl. President