SK Hynix lists on Nasdaq with $1 trillion valuation in one of the largest share sales in history

AMD's AI-driven growth reshapes the semiconductor market, challenging competitors and shifting focus from crypto mining to data center AI. The post AMD’s $300B ambition pressures rivals in chip sector as AI pivot reshapes crypto GPU landscape appeared first on Crypto Briefing.

The post Wall Street sets Amazon stock price for the next 12 months appeared on BitcoinEthereumNews.com. As Amazon.com, Inc. (NASDAQ: AMZN) stock signaled an end to June’s correction in early July, John Blackledge, a Wall Street analyst from TD Cowen, maintained a bullish outlook for the next 12 months. Blackledge reiterated a Buy rating for Amazon stock over the next 12 months, according to a note sent to clients analyzed by Finbold on July 9. He further lowered his 12-month price target for AMZN shares from $350 to $340, thus signaling a potential 40.6% upside. The analyst signaled bullish sentiment on Amazon stock, following a similar move from Eric Sherida, an analyst at Goldman Sachs Group Inc. (NYSE:GS). Earlier this week, Sherida reiterated a Buy rating for AMZN shares and raised his 12-month price target to $335 from $325. Meanwhile, Laura Martin, an analyst at Needham, maintained a Buy rating on Amazon stock, as Finbold reported. As such, 45 Wall Street analysts surveyed by Ti

The rising emissions from AI infrastructure expansion challenge tech giants' sustainability efforts, impacting energy markets and regulatory scrutiny. The post Microsoft’s AI growth strains climate goals as emissions rise 23% from baseline appeared first on Crypto Briefing.

MiniMax's aggressive fundraising highlights the escalating capital demands in AI, potentially reshaping investment strategies and market dynamics. The post MiniMax seeks to raise $2B through share and bond sales as AI funding race heats up appeared first on Crypto Briefing.

The Bitcoin miner's shares climbed about 15% after announcing it's acquiring a Texas site with up to 2 GW of power capacity to expand its AI and digital infrastructure strategy.

The post MARA bets big on Texas AI hub as shares outperform crypto peers appeared on BitcoinEthereumNews.com. MARA Holdings has expanded its AI and digital infrastructure footprint by acquiring a 1,200-acre powered land site in Texas, helping lift its shares more than 12% as the Bitcoin miner continues to outperform many publicly traded crypto companies. Summary MARA has acquired a 1,200-acre powered site in Texas with up to 2 GW of planned grid capacity. The company plans to build an AI and high-performance computing campus alongside Bitcoin mining operations. MARA shares jumped more than 12% after the announcement, extending gains to over 45% this year. According to a company press release, MARA has signed a definitive agreement to acquire the Texas property from HIF. The site is expected to provide access to an initial 1 gigawatt of grid capacity by October 2027, with total available capacity projected to reach 2 gigawatts by April 2028. The company said the location is designed to

Messi's record-breaking feat highlights the growing influence of sports achievements on crypto markets, particularly fan token dynamics. The post Lionel Messi breaks Just Fontaine’s 70-year-old World Cup goals record appeared first on Crypto Briefing.

The post MARA Buys Texas Site From HIF in $600M Bitcoin, AI Deal appeared on BitcoinEthereumNews.com. The 1,200-acre Matagorda County site was previously slated for a $7 billion HIF Global e-fuels plant backed by Texas Gov. Greg Abbott before HIF pivoted to power computing instead. MARA Holdings said Thursday it signed a definitive agreement with HIF to acquire a powered land site of more than 1,200 acres in Matagorda County, Texas, in a post on its official X account. The site will carry up to 1 gigawatt of grid capacity by October 2027 and up to 2 gigawatts by April 2028, subject to approval from Texas grid operator ERCOT. The deal is not an upfront cash purchase. It is structured as up to $600 million in milestone-based payments tied to regulatory approvals, land access and eventually a signed data-center tenant, according to an SEC filing MARA disclosed, as reported by The Block. MARA shares rose roughly 14% in early trading Thursday on the news, The Block reported. HIF Global had