Gate Crypto Flash News and Market Updates

According to Bloomberg, Brazil's economic team is preparing to submit a fiscal proposal to Congress by next week to demonstrate how the government will achieve its budget targets in coming years. The proposal includes spending cuts ranging from 50

According to Bloomberg, Nomura Holdings, Japan's largest securities company, is considering selling its crypto subsidiary Laser Digital Holdings AG to potential buyers including Marex Group, which is evaluating the transaction. Sources said Nomura has not made a final decision and could sell to other parties or retain the unit. Both Nomura and Marex declined to comment. Laser Digital, based in Zurich, posted losses last year amid volatile crypto markets, weighing on Nomura's European operations.

According to Musk's statement last week, Tesla will stop Cybertruck production at its Texas Gigafactory to make room for the company's dedicated robotaxi offering, Cybercab.

According to its board announcement, TSMC invested up to $1 billion in artificial intelligence leaders OpenAI and Anthropic on November 11, allocating $500 million each for common shares in Anthropic and special shares in OpenAI.
Both companies are currently not TSMC customers but plan to

According to JPMorgan Chase Securities, TSMC's capital expenditure will reach $90 billion in 2027 and expand to $109 billion in 2028, with advanced-node capacity accelerating through 2028.
The bank forecasts TSMC will add 117,000 wafers per month in 2027 and 175,000 in 2028—two to three times the h

According to Economic Daily, Taiwan's New Taiwan Dollar (NT$) closed at 32.860 per US dollar on November 11, appreciating 0.5 cents from the previous trading day's close of 32.865. Intraday trading ranged from 32.830 to 32.968, with total volume of 1.6 billion US dollars.

According to The Motley Fool on November 11, Taiwan Semiconductor Manufacturing Company (TSMC) and Broadcom are highlighted as top AI investment picks as tech stocks experience pullback amid energy price concerns and data center spending scrutiny. TSMC holds over 70% of the global foundry market share and manufactures AI chips for Nvidia and AMD, with diversified revenue from smartphones, PCs, and smart home devices providing downside protection. The stock's forward P/E ratio has declined to 22x

According to Bloomberg Television, Sixth Street Partners CEO Alan Waxman remains cautious on the artificial intelligence boom, citing unclear unit economics and mounting speculative frenzy in the sector. The firm worries about rapid credit expansion in AI infrastructure and sees signs of distress, s

According to MoneyDJ, U.S. Treasury yields surged on November 10 after October's consumer price index came in hotter than expected. The 10-year yield broke 5% intraday, closing at 4.992%, up 13 basis points. Core CPI rose 0.3% month-over-month, above the forecast of 0.2%, signaling sticky

Taiwan's benchmark TAIEX index surged 1545.23 points today (November 11), closing at 44,257.15, marking the sixth-largest daily point gain in market history. Taiwan Semiconductor Manufacturing Company (TSMC) led the rally, gaining 110 points to close at 2395 Taiwan dollars with a 4.81%

On November 10, according to CNBC and other media outlets, the U.S. House of Representatives passed a procedural motion with a 211-204 vote to send Pentagon chief Pete Hegseth's impeachment to the Judiciary Committee, effectively blocking the case from reaching a floor vote. Republican Representativ

According to MoneyDJ, Reddit rolled out an AI shopping tool called Reddit Reviews on November 11, organizing community product discussions into curated review pages. The tool initially covers approximately 10,000 products and automatically consolidates product pros, cons, user opinions, and common c

According to CNBC, which obtained an internal memo, Meta's head of infrastructure Santosh Janardhan announced on Wednesday he will leave the company, with former Amazon Web Services senior vice president David Brown taking over the role. Janardhan, who has been at Meta since 2009, said "it's time to

According to UAnalyze, Tsingchi Integrated Circuit (6708-TW) reported October revenue of NT$34.075 million on November 12, 2026, up 67.8% year-over-year and 8.87% month-over-month. Year-to-date revenue through October reached NT$261 million, up 8.73% compared to the same period in 2025.
Rising

According to UAnalyze Industry Data Center on November 12, TigerQuick Integrated Circuit (6708-TW) announced that its eBMC (Edge BMC) management chips have been adopted for design by over 5 major customers. The company completed engineering samples of the three models—MR8760A, MR8761A, and MR8764A—i

According to Gate's market data, Nvidia (NVDA.O) expanded its daily intraday gains to 5% on November 11.

Allianz raised its full-year operating profit guidance to €164-186 billion on November 11, increasing the upper end of its forecast. The company had previously projected operating profit of €164-184 billion for 2026.

According to the Financial Stability Board on November 11, 2026, the FSB has urged Turkey to establish dedicated stablecoin regulatory rules and strengthen supervision of cryptocurrency markets. The peer review acknowledged Turkey's progress in introducing licensing requirements, custody safeguards and centralized monitoring of crypto activities, but identified gaps including the absence of a formal financial stability risk assessment system, weaker enforcement mechanisms and limited cross-borde

According to Shanghai Futures Exchange, crude oil futures (2612 contract) closed up 1.54% at 607.30 yuan per barrel during overnight session on November 11. Shanghai gold fell 1.3% while Shanghai silver rose 0.22% in the same session.

According to Cailianshe and MacRumors, on November 10, Chinese manufacturing equipment supplier Quake Smart (603203.SH) confirmed participation in Apple's AI glasses and new smart earbuds projects during its third-quarter earnings call. The company stated the projects are expected to support