Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
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06:30
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SK Hynix Plans New Measures to Close 40% ADR Premium Gap

According to Meritz Securities analyst Kim Sun-woo on November 11, SK Hynix is considering new initiatives to narrow the price gap between its domestic shares and American Depositary Receipts (ADRs). Domestic shares traded at 1.198
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06:23
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SoftBank Falls 11% on Q2 Loss, Rebounds on AI Optimism

On Tuesday, SoftBank reported a Q2 net loss of 1.12 trillion yen ($7.1 billion), primarily due to non-refundable prepayments for U.S. data center power equipment, along with a $370 million impairment charge.
The stock plunged 11% at the open but recovered, rising 0.8% by afternoon as investor
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06:01
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Dassault Systèmes Establishes ASEAN Industrial AI Lab in Singapore, Plans to Hire 30+ Professionals

According to Dassault Systèmes, on November 11 the French 3D design and engineering software maker signed a memorandum of understanding with Singapore's Economic Development Board to establish an ASEAN Industrial AI Virtual Twin Lab in Singapore. The lab will serve as a regional hub enabling businesses to simulate data center cooling, energy use, and industrial operations changes before deployment. Dassault Systèmes plans to employ more than 30 AI professionals at the lab within its first five y
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