Gate Crypto Flash News and Market Updates

According to Binance trading data, on October 20, the U.S. stock market closed with mixed results. The Dow Jones Industrial Average held flat, while the Nasdaq Composite rose 1.15% and the S&P 500 gained 0.45%. Among major holdings, SanDisk (SNDK) advanced 5.88%, Amazon (AMZN) climbed 5.01%, Tesla (TSLA) gained 3.66%, and Coinbase (COIN) declined 2.64%.

According to Bloomberg reporting cited by ChainCatcher, Anthropic is negotiating to purchase approximately $450 billion in computing power from Nvidia-backed Nscale, with the deal potentially closing in coming days. Under the plan, Nscale will construct a second facility at its Monarch data center campus in West Virginia, providing 460 megawatts of capacity utilizing Nvidia Vera Rubin chips. Anthropic will also hold priority purchase rights for a third facility. This marks the second major infra