Gate Cryptocurrency News and Market Analysis

Huawei launched its new smartphone brand OSTA Xingmang on November 12, with the official Weibo account posting an AI-generated promotional video. Yu Chengdong, Huawei's Executive Director and Chairman of the Terminal Business Group, reposted the announcement, stating the brand aims to explore new AI

Russia and Ukraine launched mutual attacks on each other's capitals on Thursday morning, hours after US envoys arrived in Moscow following the conclusion of peace talks in Abu Dhabi on Wednesday. US special envoys Jared Kushner and Steve Witkoff were greeted at Moscow airport by Putin's envoy

四維航 (stock code 5608) released its Q3 2026 comprehensive income statement, reporting earnings per share of NT$0.71. The Taiwan-listed company recorded Q3 operating revenue of NT$1,091,550 thousand and net profit attributable to parent company owners of NT$275,284 thousand for the quarter. The

Everlight Chemical Industrial Corporation (stock code 1711) announced on 115/11/12 that its board of directors approved the company's third-quarter consolidated financial report for the period 115/01/01 to 115/09/30, showing cumulative net profit of

Anthropic's seven co-founders are set to hold stakes valued at approximately $18 billion each following the artificial intelligence company's initial public offering, according to an analysis of the company's amended S-1 securities filing released on May 10 local time. The valuation is based on the

Maestro, a luxury electric vehicle brand backed by Huawei, is approaching a partnership with Italian luxury car brand Maserati, according to a report by the Hong Kong South China Morning Post (SCMP) on the 12th local time. Industry sources indicate the two companies plan to jointly develop

Hon Hai Precision Industry Co. (Foxconn, stock code 2317) announced on November 12 that its third-quarter net profit reached 77.524 billion TWD, setting a new quarterly record with 29% quarter-over-quarter growth and 34% year-over-year growth. The company attributed the record performance to

Baidu announced two enterprise-focused AI models and a chip roadmap update on November 12 at the Baidu World 2026 opening ceremony. The company launched the Wenxin Lightning Deep Thinking Model and Wenxin Yijing Micro-expression Model, both now available on Baidu Intelligent Cloud Qianfan platform w

OKXICE, the joint venture between OKX and Intercontinental Exchange (ICE), will launch round-the-clock trading in tokenized US securities on 23 November. OKX announced the launch date on 11 November, restricting access to eligible customers of its US arm through the OKX app. The platform expects to

The US Commerce Department is preparing new export control rules expected to be announced this month to prevent Chinese companies from accessing advanced Nvidia chips through overseas data centers. The expanded controls will cover 7 countries including Malaysia, Singapore, and Thailand, targeting Ch

The US Commerce Department is preparing new rules to expand AI chip export controls, targeting Chinese companies' remote access to Nvidia advanced chips through overseas data centers. The regulations could be announced this month (November) and would extend restrictions to 7 countries including

German semiconductor manufacturer Infineon announced on November 10 its fourth-quarter fiscal year 2026 results (ending September) and fiscal year 2027 revenue outlook, driven by demand from data centers, power infrastructure, and automotive chips. The company reported fourth-quarter revenue

On the morning of November 12, economic experts at the Vietnam Investment Forum 2027 discussed how Vietnamese people’s asset allocation is changing amid rising interest rates. Rising interest rates and capital costs are driving up demand for capital, putting pressure on banks to balance their funding sources. This trend is particularly important because 87% of Vietnamese household assets are currently held in real estate, a far cry from family wealth management models around the world, where ass

Samsung Life Insurance announced on November 12 that it is actively reviewing mergers and acquisitions of overseas asset managers and insurers. CFO Lee Wan-sam stated during a conference call that the company is pursuing these transactions to secure future growth drivers and enhance asset

South Korea's Ministry of Trade, Industry and Energy unveiled on Nov. 12 a plan to invest 800.2 billion won ($578 million) to develop 10 domestically produced artificial intelligence chips for autonomous vehicles, smart home appliances and robots. The plan was announced at the 2026 AI

Indian cryptocurrency exchange Unocoin may have experienced unauthorized server access, according to an online claim by on-chain analysis account Onchain Lens on Nov. 12. Unocoin disclosed the unauthorized access on Nov. 9 and temporarily suspended user logins. Blockchain analytics platform Arkham r

Advanced Micro Devices (AMD) shares rallied on Nov. 11 following a UBS report showing global server CPU shipments surged 31% year over year in the third quarter of 2026. UBS analyst Timothy Arcuri reported that AMD maintained approximately 28.4% of the server CPU market by unit shipments. The

AU Optronics (2409) and Innolux (3481) staged dramatic intraday reversals on the 12th, combining for over 689,000 lots in explosive volume as both stocks opened sharply higher before closing mixed. AU Optronics briefly hit the daily limit-up at 31.5 TWD in early trading, then surrendered most