Micron Technology (MU) Stock Surges on $3 Billion Domestic Chip Supply Initiative

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

This innovation could reshape energy economics for solar users, offering a sustainable model for Bitcoin mining and reducing grid dependency. The post New open-source software lets bitcoin miners run on excess solar energy appeared first on Crypto Briefing.

Micron's US manufacturing expansion reduces supply chain risks, boosts domestic job creation, and strengthens the American tech ecosystem. The post Micron Technology’s stock surges on multibillion-dollar US manufacturing push appeared first on Crypto Briefing.

The post Arbitrum Gains New Revenue Stream as Robinhood Launches Chain Mainnet appeared on BitcoinEthereumNews.com. Arbitrum will get 10% of net protocol income of Robinhood Chain according to Arbitrum Expansion Program revenue-sharing model. Robinhood Chain helps develop Arbitrum enterprise ecosystem and expand stock tokens, DeFi solutions, and on-chain finance products. Arbitrum has generated a new stream of revenue post-launch of the public mainnet of the Robinhood Chain using their Layer-2 blockchain technology. Co-founder of Offchain Labs, Steven Goldfeder, clarified that Robinhood Chain and other qualified Layer-2 networks using Arbitrum technology will be receiving protocol revenue. Ten percent of the protocol’s net revenue is returned to the Arbitrum ecosystem through pre-specified allocations. Steven Goldfeder said that “as enterprise adoption picks up, Arbitrum is positioned to capture revenue.” 8% goes to the treasury, and 2% will fund developer programs, he added. “100% of

The post 3 AI Stocks At Risk as Former White House Advisers Warn AI Bubble is “Still Inflating” appeared on BitcoinEthereumNews.com. Two former economic advisers to the White House, Jared Bernstein and Ryan Cummings, have warned that the AI bubble is growing bigger, a statement that has moved the spotlight to three leading AI stocks: Nvidia (NASDAQ: NVDA), SpaceX (NASDAQ: SPCX) and Micron Technology (NASDAQ: MU). However, NVDA and MU stocks defied the bearish outlook on AI delivered by the two analysts and increased by 3.65% and 1.11%, respectively. But SPCX stock was down by 0.81% on July 8 to close trading at $148. White House Advisers Warn About AI Bubble as BlackRock Exits AI Stocks Bernstein and Cummings published a Substack post about their views on AI, where they said that the gains seen with AI-related stocks like MU and NVDA suggest that the AI bubble is “still inflating.” The analysts noted that while these stocks may be moving up, their valuations are being dented by the com

The post SWIFT Launches Blockchain Ledger Trial With 17 Major Banks for Tokenized Payments 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/swift-launches-blockchain-ledger-trial-with-17-major-banks-for-tokenized-payments/

Arbitrum has generated a new stream of revenue post-launch of the public mainnet of the Robinhood Chain using their Layer-2 blockchain technology. Co-founder of Offchain Labs, Steven Goldfeder, clarified that Robinhood Chain and other qualified Layer-2 networks using Arbitrum technology will be receiving protocol revenue. Ten percent of the protocol’s

SharpLink's pivot to Ethereum staking highlights the potential for companies to leverage blockchain technology for consistent yield generation. The post SharpLink generates 449 ETH from staking rewards this week, total holdings near 900K ETH appeared first on Crypto Briefing.