JPMorgan: Market Cap of 13 Bitcoin Mining Companies Rose by Approximately 19% Month-on-Month in May
JPMorgan stated that Bitcoin mining profitability improved in May, with the total market value of the 13 mining companies it tracks rising by about 19% compared to April, and the average daily block reward gross profit increasing by 36% compared to April.
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The AI arms race extends upstream! Reports say Intel, Nvidia, and AMD are prepaying over 100 billions NTD to secure advanced IC substrate production capacity.
NVIDIA, Intel, and AMD have collectively spent $5 billion in advance payments to aggressively secure high-end IC substrates from Taiwan. Driven by "big money for guaranteed orders," the top three Taiwanese substrate manufacturers have invested a record NT$161.2 billion to expand their production capacity. The tech giants' substantial financial commitments to secure supply chains highlight the intense competition and extreme scarcity of core AI materials.
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