Gate Crypto Flash News and Market Updates

According to Economic Daily, lead frame maker Long Chip achieved Q3 earnings per share (EPS) of 0.81 yuan, reaching its highest level in four years, driven by surging demand for power management in AI data centers. The company is accelerating capacity expansion across Taiwan, mainland China, and

According to Economic Daily on November 16, Nvidia's RTX Spark Agent PC launched in November has driven sales, with Asus capturing over 30% market share, followed by MSI, Acer, and Gigabyte also entering the market. Asus released high-spec 128GB models that sold out immediately upon release, while c

According to Economic Daily, Chanko (6548), a leading lead frame manufacturer, reported Q3 earnings per share of 0.81 yuan, reaching a four-year high, driven by surging demand for advanced lead frames used in AI data center power management applications. The company expects operational strength to c

Treasury Secretary Scott Bessent on Sunday called for a "dramatic shakeup" at Nvidia and urged the board to hire an outside CEO, according to remarks on Fox News. Bessent questioned whether the chipmaker pursued illicit sales of advanced AI chips to boost revenues in the wake of CEO Jensen Huang's r

According to Economic Daily, Taipei Exchange and KGI Securities recently organized an overseas investor conference in Hong Kong, featuring ten Taiwan-listed companies including Murata, Eternal, Yiden, and SemiRam across semiconductor, optical communications, memory, and electronic components

According to Economic Daily, automotive PCB manufacturer Jingpeng reported Q3 gross margin exceeding 20% as product mix optimization and cost management improved profitability. The company posted net income of NTD 533 million with earnings per share (EPS) of NTD 1.34 in Q3 alone, surpassing the

According to Economic Daily, Wistron, a leading gallium arsenide wafer foundry, reported Q3 2026 consolidated revenue of NT$5.859 billion (approximately $1.95B), up 11% sequentially and 31% year-over-year, boosted by demand for high-end iOS devices and Wi-Fi upgrades. Gross margin expanded

According to Cathay Securities analyst Lin Wei-ting, Nvidia held its first earnings call without CEO Jensen Huang on November 17. The market is watching three key signals for the crisis to bottom: Nvidia's stock price stops falling, guidance shows no downward revision, and management uncertainty

Four nonprofit organizations filed a lawsuit Thursday in San Francisco Superior Court against OpenAI, Anthropic, Google, Meta, and SpaceX, seeking a court order to freeze AI development. The complaint, filed by Public Citizen, the Heat Initiative, Irreplaceable Education Fund, and the Alliance for S

According to its latest quarterly filing, Nasdaq-listed BTCS sold Ethereum below its original purchase price to manage $64.1 million in outstanding Aave debt as of November 11, 2026. The company reported $30.6 million in realized losses on digital asset transactions during the first nine months of 2

According to the Economic Daily, Taiwan's OTC Center launched the "Semiconductor Ecosystem Select 30 Index" (ticker: IX0243) on November 16, 2026, with real-time intraday dissemination beginning December 7. The index selects 30 companies from semiconductors constituents of the Funrich 200 Index

According to JPMorgan's Q3 SEC filing, the bank increased its Strategy holdings by 36% to $131.3 million as of September 30, while expanding its position in BlackRock's iShares Bitcoin Trust (IBIT) to $540 million. JPMorgan held 848,932 Strategy shares as of quarter-end, up from 624,387 shares

According to the U.S. Department of Justice and FBI, on November 12 the agencies disrupted FaceStealer, a North Korean-led cryptocurrency theft campaign. The operation seized cloud infrastructure containing 900 videos of targeted victims and has been attributed to approximately $400 million in

According to Israel's Central Bureau of Statistics, consumer prices rose 1.1% year-over-year in October, down from 1.6% in September. Month-over-month, the October CPI declined 0.1%, compared to a 0.5% decline in September, marking the lowest annual inflation rate since

According to Bloomberg, Kalshi's perpetual equity futures have reached $5 billion in notional trading volume since launching on November 5. The prediction market platform introduced the perpetual contracts covering 50 major stocks with no expiration date. The product offers leverage of up to

According to ChainCatcher, Binance co-founder CZ stated recently that the exchange has not sold any crypto assets, while he personally has purchased crypto during the same period. CZ did not disclose the specific amounts

According to a Houthi spokesperson posting on social media on November 16, the armed group denied Saudi claims of intercepting three unmanned drones over Mecca and Medina. The spokesperson stated that such claims are false and aimed at diverting attention from Saudi military losses, adding that Hout

According to Sapiens AI, its Singapore-based Agnes AI platform has tested self-improvement methods that do not require full model retraining. In Honor of Kings gameplay experiments, an AI coach rewrote the team's playbook and lifted the win rate from 0% to 100% after five test rounds. In a

According to ChainCatcher, a banking consortium of 21 institutions has pledged approximately $270 million to support Project Faro, an upcoming U.S. dollar stablecoin initiative. Goldman Sachs, Citigroup, Santander, and Deutsche Bank are among the participating banks. The project is scheduled to

Thailand has launched WORPT, a payment app that allows foreign tourists to convert cryptocurrency into Thai baht and spend it at shops and restaurants nationwide. Developed by Wipay and Waan Exchange (Waanx) with support from Tether, the platform integrates with Thailand's PromptPay QR code