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Arm names ByteDance and Oracle as users of its AI data centre CPUs

Arm Holdings has named ByteDance and Oracle as customers for its artificial intelligence data centre chips, marking a notable disclosure for the UK-based chip designer as it seeks a larger role in the infrastructure powering AI workloads. Chief Executive Officer Rene Haas identified the two companies during an appearance at Computex in Taipei on June

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SK Hynix plans major capacity expansion amid continued AI-driven demand

SK Group Chairman Chey Tae-won said on Tuesday that the company’s memory chip subsidiary, SK Hynix, plans to double its wafer capacity over the next five years as demand for advanced semiconductor products continues to grow. Chey made the remarks during the Computex conference in Taipei, where executives from some of the world’s leading technology

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Marvell stock could soar 410% and reach a $1 trillion valuation, Jensen Huang says

Marvell Technology stock price has gone parabolic and moved to a record high, helped by the ongoing artificial intelligence boom and demand for custom chips. MRVL jumped to $225, up by 370% from its lowest point in April last year. So, will the surge continue as Jensen Huang predicts it will be the next $1

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5 things to know before buying SpaceX IPO

The upcoming SpaceX IPO on June 12 is shaping up to be one of the most closely watched stock market events in recent history.  Elon Musk’s aerospace company is reportedly seeking to raise up to $75 billion in what could become the largest initial public offering ever, surpassing previous records and drawing attention from both

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Before you invest in SpaceX: the IPO details most investors are missing

Elon Musk’s SpaceX is days away from what could become the largest initial public offering in history, giving the public its first opportunity to own shares in the rocket, satellite, and artificial intelligence company. The company has now disclosed its IPO price, launch timeline, and other details, answering some of the biggest questions investors have

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Zcash Weighs New Shielded Pool After Orchard Vulnerability

Why Is Zcash Considering a New Shielded Pool? Zcash developers and researchers are discussing whether a new shielded pool could help restore confidence in supply verification after a recently patched vulnerability in Orchard, the network’s latest shielded transaction system. Shielded Labs, an independent Swiss-based Zcash support organization, said in a Friday security update that it

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Sandisk stock is firing on all cylinders: is a day of reckoning coming?

Sandisk stock price continued its bull run this week, reaching its all-time high amid the ongoing AI boom. SNDK has already jumped by over 600% this year and by over 4,000% in the last 12 months. While this rally may continue, there are substantial risks that it will suffer a strong reversal over time. Sandisk

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Flare XRPFi Completes $4.88M Fixed-Term Pool Rollover…

Key Facts An XRP-denominated yield market on Flare Network completed a fixed-term liquidity rollover overnight from 3–4 June 2026, with approximately US$4.88 million transitioning between pools without market interruption. The rollover was executed through the GamiLabs FXRP MetaVault on Spectra Finance, the most active yield trading venue on Flare. Spectra MetaVaults automatically route allocated liquidity

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Morgan Stanley and Galaxy Launch Crypto Lending Referral…

What Did Morgan Stanley and Galaxy Announce? Morgan Stanley Wealth Management and Galaxy Digital have entered a referral arrangement that will allow eligible high-net-worth clients to lend crypto assets to Galaxy in exchange for shares in spot crypto exchange-traded products. The arrangement covers cryptocurrencies including bitcoin, ether, and solana. It also includes access to the

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Arthur Hayes Dumps Zcash Stake After Critical Orchard Pool…

Why Did Arthur Hayes Exit His Zcash Position? Arthur Hayes, chief investment officer of Maelstrom, said he sold his entire zcash position after developers disclosed a critical vulnerability in the network’s Orchard Pool that could have allowed unlimited counterfeit ZEC to be minted. Hayes had previously been one of ZEC’s higher-profile supporters, but said the

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