By admin Riot Platforms disclosed in its second quarter 2026 earnings report and filings that it sold 4,300 Bitcoin to fund ongoing operations and its growing artificial intelligence data center business. The proceeds are being directed toward what the company described as a rapidly expanding AI data centre operation. Despite the sale, Riot still holds […]
Tag: AMD
Key highlights: The global $3.3 trillion semiconductor industry is approaching bear market territory after a broad-based sell-off across leading chip stocks. Investors are taking profits following months of AI-driven gains despite continued strength in chip demand and earnings. Analysts remain divided on whether the correction marks a healthy reset or the beginning of a deeper […]
Key highlights: TSMC posted stronger-than-expected Q2 2026 results, with revenue climbing 33.7% year-over-year to $40.2 billion and net profit jumping 77.4% to $22.36 billion The company plans to invest another $100 billion in the United States, bringing its total U.S. commitment to roughly $265 billion as AI chip demand accelerates TSMC also lifted its capital […]