Gate Crypto Flash News and Market Updates

According to Morgan Stanley's latest semiconductor research, AI memory shortages are structural contradictions stemming from accelerating AI compute demand outpacing memory supply growth, and could persist for years. To address DRAM and HBM constraints, the industry is pursuing three strategies: hardware downgrades (reducing per-GPU HBM capacity to prioritize shipments), inference decoupling (splitting compute-intensive prefill and memory-bandwidth-intensive decode stages into specialized proces

According to Yonhapinfomax, shares of AI chip maker Cerebras Systems (NAS:CBRS) climbed 9.08% to $181.55 on October 5 after OpenAI CEO Sam Altman confirmed the company's partnership on October 2. Altman said on X that Cerebras remains "a close partner" and that OpenAI is conducting "deep collaboration" with the company to "expand speed limits together," following the stock's 19.5% decline to $166.43 earlier in the week after reports that OpenAI adopted Nvidia GPU chips for its latest GPT-6.1 Sol

According to Shinhan Investment Securities analyst Park Hyun-jin, South Korean cosmetics companies including CosmeKorea and Kolmar saw stock declines of 13% and 6% respectively from September 25 to October 2, despite strong export momentum. The analyst attributed the pullback to market overestimation of cost pressures rather than weakening fundamentals. September cosmetics exports reached $1.21 billion, up 29% year-over-year and 12% month-over-month. Exports to the United States grew 21% to $247

WTI crude fell to $89 per barrel today, while Brent traded near $100, both down roughly 2%, after the G7 announced the release of strategic petroleum reserves over the weekend. The move provides near-term relief to oil markets amid Middle East tensions. Meanwhile, the euro weakened to a 17-month low on France's fiscal concerns. French 10-year bond yields reached 4.92%, near 2002 highs, as foreign investors—holding over half of French debt—accelerated selling. The dollar strengthened, with the do

According to local media reports, TSMC has joined discussions on collaborating with Elon Musk on Terafab, a mega-scale semiconductor fab project. Musk indicated via social media that negotiations are progressing positively, with a proposed structure in which TSMC would operate the fab while Musk-controlled companies absorb full production capacity. Meanwhile, SpaceX gained nearly 8% to hit its highest level since mid-June following Morgan Stanley's buy rating and $300 price target. Separately, M

According to ISM and Citadel Securities analysis, U.S. nonfarm payrolls increased by just 29,000 in September, falling far short of the 89,000 jobs expected, while the unemployment rate rose to 4.2% from 4.1%. Prior estimates for July and August were also revised downward by a combined 60,000 jobs, with July reduced by 31,000 and August cut from 162,000 to 133,000. The ISM services purchasing managers' index fell to 54.9 in September, though remaining above the 50-point expansion threshold. More

Korea Investment & Securities raised its target price for Korean Colmar on October 6 by 15.6% to 185,000 won, citing strong Q3 export momentum amid recent stock price corrections. The brokerage maintained its "buy" recommendation, noting that while industry fundamentals remain robust, recent profit-taking has created a buying opportunity. Q3 earnings are estimated at 8.39 trillion won in consolidated revenue and 92 billion won in operating profit, representing year-over-year increases of 22.1% a

According to the Australian Broadcasting Corporation, one Australian Army soldier died and five others were injured during a training exercise in northern Australia.

Huawei and Qualcomm reached their first 5G patent licensing agreement with an estimated total value exceeding $6.9 billion, the companies announced today (October 5). The deal marks the initial major cross-licensing arrangement between the Chinese tech giant and the U.S. chipmaker on fifth-generation wireless technology patents.

According to Guru Club, on October 6, Meta Platforms and Microsoft are reportedly working to reduce their employees' reliance on Anthropic's Claude AI model. Meta has cut its employee quota for Claude usage from 60,000 to 30,000 users.

According to Yonhapinfomax, Brazilian real strengthened sharply on October 5, with USD/BRL falling 4.116% to 5.0015, after right-wing candidate Flavio Bolsonaro won the first-round presidential election. Markets priced in expectations that Brazil's fiscal policy would shift toward greater fiscal discipline under his platform. The dollar index rose 0.252 points to 102.136 amid broader currency weakness in the euro, which hit a 17-month low of 1.1220 against the dollar. Euro weakness was driven by

According to Meritz Securities analyst Yang Seung-soo on October 6, the brokerage raised its target price for LG Electronics (066570) from 220,000 won to 250,000 won while maintaining a buy rating. The upgrade reflects growing visibility in the company's AI data center cooling solutions and robotics business segments, which are expected to drive valuation re-rating despite Q3 operating profit forecast of 858.2 billion won, below market consensus of 1,047.9 billion won.

Reflection AI, a U.S. artificial intelligence startup backed by Nvidia, officially launched its first open-weight model Beam on Monday (October 5), targeting Chinese competitors like DeepSeek and Kimi. Beam features a sparse mixture-of-experts architecture with 501 billion total parameters but activates only 23 billion parameters per task, reducing inference computational requirements while maintaining competitive capability. The model achieves approximately one-third to one-quarter of the infer

According to Meritz Securities analyst Yang Seung-soo on October 6, LG Electronics' Q3 operating profit is forecast at 881.7 billion won, missing market consensus of 1.048 trillion won by 15.9%. The shortfall is driven by LG Innotek's weak performance and one-time voluntary retirement costs. Despite Q3 underperformance, Meritz raised LG Electronics' target price to 250,000 KRW from 220,000 KRW, citing accelerating growth visibility in AI datacenter cooling solutions and robotics. The cooling bus

According to @lookonchain, public companies added 3,342 BTC worth approximately $286.31 million during the week of September 28 to October 4. The period also saw stablecoin supply grow by $715.8 million. Meanwhile, decentralized exchange trading volumes declined, with spot volume dropping 3.92% and perpetual volume falling 9.85%.

SPDR Gold Trust, the world's largest gold ETF, increased its holdings by 0.57 tons yesterday (October 4), bringing total holdings to 1,056.266 tons.

According to SEC filing, Strive purchased 2,000 Bitcoin between Sept. 28 and Oct. 2 at an average of $84,422 per coin, totaling approximately $169 million. This marks the publicly traded Bitcoin treasury company's largest acquisition since May 23–June 1, when it bought 2,500 BTC. Holdings now stand at 29,462 Bitcoin as of Oct. 2.

According to DS Investment & Securities, on October 6, the firm raised its target price for Rino Industrial to 100,000 won from 77,000 won, maintaining a buy rating. The firm's researcher noted that Rino Industrial is positioned to benefit from the expansion of co-packaged optics (CPO) technology, as it is believed to be the only company capable of manufacturing test sockets for optical engine chips at the required ultra-fine pitch level. DS Investment expects the company to achieve mass product

Morgan Stanley released an analysis overnight (Oct 4) claiming SpaceX is undervalued compared to other mega-cap AI companies. While SpaceX's 2028 projected EV/EBIT multiple appears higher at 30x versus peers' 16x, when adjusted for growth rate, the PEG ratio drops to 0.3x—40% cheaper than the median 0.5x. Morgan Stanley's $300 price target could be achieved if this ratio rises to Amazon levels, according to the firm's analysis. SpaceX stock climbed 7.63% following the report. Broader U.S. market

According to Korea Economic Daily on October 5, Samsung Electronics and SK Hynix saw their third-quarter operating profit estimates downwardly revised by 3.2% and 1.6% respectively, falling below consensus projections. The won's appreciation from 1,430 to 1,370 per US dollar pressured semiconductor makers' earnings outlooks, while component cost increases and product transition headwinds weighed further on the giants. In contrast, shipbuilder HD Hyundai's Q3 operating profit estimate jumped 12.9