Gate Cryptocurrency News and Market Analysis

Taiwan stocks experienced severe selling pressure over two days, with the Taiwan Weighted Index falling 3247 points on the 5th and 6th, a cumulative decline of approximately 7.56%. The 6th saw intraday trading set a new record for largest point drop, and the closing marked the fourth-largest

TSMC is evaluating entry into the advanced memory market at NVIDIA's request, according to US tech media The Information. The Seoul Economic Daily warned on November 7 that successful memory chip mass production by the Taiwan foundry giant could enable it to control the entire AI chip supply

The U.S. Securities and Exchange Commission barred Christopher Williams, known online as 'Swaggy C,' from associating with regulated financial-industry businesses on November 6 after finding he operated an unregistered CFD brokerage targeting U.S. retail customers. Williams operated 24k Markets, an

NVIDIA CEO Jensen Huang faces mounting US Congressional investigation pressure on the 7th following allegations of an inappropriate relationship with Alice Huang, a suspected Chinese intelligence operative. Senator Chris Coons announced plans to investigate the relationship between Jensen Huang

Bank of Japan Governor Kazuo Ueda stated on November 6 that Japan's large current-account surplus is unlikely to shrink easily through external adjustment measures such as exchange-rate and trade policies. Speaking at

Data center developers face mounting resident opposition across Ireland, the US, and South Korea as power grid constraints and local cost concerns intensify. On November 3, Democratic candidates pledging stricter data center regulation won gubernatorial races in Texas, Georgia, and Ohio,

ChatGPT reached 18.76 million monthly active users in South Korea last month, marking the first time the AI chatbot's mobile app user base exceeded 18 million in the country, according to data released by Mobile Index on November 8. The 43.8% year-over-year increase in users was accompanied by a 113

Iran's Islamic Revolutionary Guard Corps (IRGC) announced on the 7th (local time) that it has lifted its self-imposed restriction limiting ballistic missile range to 2,000 kilometers. IRGC spokesperson Hossein Mohebi stated at a press conference that the previous limitation no longer applies. The an

US Stock Market News shows that several US states including Connecticut, North Carolina, Pennsylvania, and California have declared Diwali holidays for November 8, 2026 (1:30 AM IST November 9). However, the NYSE and Nasdaq will remain open for trading on Monday, November 8, as Diwali is not a

Taiwan's 14 financial holding companies recorded overseas exposure of NT$33.04 trillion at the end of September, reaching a historic high according to the Financial Supervisory Commission's latest disclosure. The third-quarter figure represents a 4.95% increase from the second quarter's NT$31.48 tri

US Treasury yields declined for the fifth consecutive week as the 10-year note closed at 4.8600% on the 6th, down 7.00 basis points week-over-week, marking the lowest weekly close since early September. The bond rally was triggered by a sharp selloff in artificial intelligence technology stocks

The US dollar index rose for a second consecutive week, closing at 102.278 on November 6, up 0.31% week-over-week, as October employment data significantly exceeded market expectations. US non-farm payrolls increased by 165,000 in October, double the market forecast, while the unemployment rate

Taiwan stocks fell 5,510 points last week, dropping 12.1% to close at 39,701 points and marking seven consecutive days of decline. 群益投顧 attributed the sell-off to market concerns that the US Democratic Party's midterm election victory could lead to stronger AI and data center regulation,

Auras Technology (stock code 3017), a major thermal solutions manufacturer, announced on the 8th that its October revenue reached 221.03 billion TWD, representing a 5.2% month-over-month increase and a 34.4% year-over-year increase, marking the fifth consecutive month of record-breaking revenue.

Lianmao (6213) continues raising product prices in Q4 2026 due to persistent tightness in E-cloth supply and superior material sourcing control. Analyst institutions forecast the company's Q4 2026 revenue and profit will reach new quarterly records, with full-year 2026 earnings per share projected a

Former Israeli military chief Gadi Eisenkot received priority authorization on the 8th from President Isaac Herzog to form a new government, following Israel's late October parliamentary election that left no camp with a majority. The authorization became official after Herzog and Eisenkot signed th

Morgan Stanley estimated leveraged exchange-traded fund selling pressure reached $57 billion on Nov. 5, when US stocks plunged. The bank's derivatives team reported on Nov. 8 that this represented the highest level since it began tracking the data in 2007. The selling occurred during a major

AI technology investment in the United States has made a significant contribution to economic growth, reaching nearly 1 percentage point over the past four quarters, but data center construction is facing new obstacles. Data from the Bureau of Economic Analysis (BEA), presented by Bloomberg, shows that the contribution of investment in information technology equipment and software to U.S. economic growth has surpassed its contribution at the peak of the late-1990s dot-com boom. A slowdown in AI

Tesla will dismantle the production line for its Cybertruck electric pickup at its Austin, Texas, factory around the middle of next year. Elon Musk announced on X on November 6 that the company would gradually wind down Cybertruck production starting in the middle of next year, with plans to