News
MicroStrategy stock has soared 94% in 2024, fueled by Bitcoin’s rally above $97,000, with $15 billion in unrealized gains.
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Intel News
Intel is an U.S. technology company located in Silicon Valley, California. Intel is a developer of such hardware and software products as central processing units, motherboard chipsets, flash memory, vehicle automation sensors, integrated graphics processing units and many others. Intel is one of the major contributors to blockchain adoption for enterprises. Intel is actively working with Hyperledger — an open-source blockchain project with an aim of advancing cross-industry blockchain technology implementations. Intel is also the developer of Software Guard Extensions (SGX) — a set of instruction codes for CPUs that allows user-level code to allocate certain regions of computer memory. Intel offers SGX’s use for the protection of blockchain transactions, improving consensus efficiency, digital rights management and evolving the security of remote computation and web browsing.
- Market Analysis
Wider economic and stock market-related issues are impacting Bitcoin’s softening price, but futures market data shows traders still feel bullish.
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Intel shares closed higher following a new plan to spin off its AI-focused foundry business into an independent subsidiary capable of raising outside funding.
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It’s layoff season again as Big Tech and the semiconductor industry fail to meet investor expectations.
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The initiative aims to equip many Africans with skills in advanced technologies like artificial intelligence, robotics and data science.
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The AI chip developing company Tenstorrent just closed a funding round worth $100 million, which was led by manufacturing giants Samsung and Hyundai.
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As major tech companies race to develop and deploy high-level AI systems, mentions of the technology are skyrocketing in company calls.
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The semiconductor chip manufacturing company will reportedly stop taking orders for the Blockscale 1000 Series ASICs by Oct. 20.
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The company indicated that the device is designed, in part, for energy-efficient blockchain hashing.
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The Bitcoin mining company is expanding to Texas with new custom-built “greener” mining devices that will be powered by Intel Bonanza Mine chips.
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Intel’s new chips are powered by a high-performance miner to deliver up to 40 TH/s in a balanced environment.
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For now, it appears its efforts are focused on improving GPUs for crypto mining.
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Mark Zuckerberg appears to have ignited a generational buzz around the Metaverse. Microsoft becomes the next trillion-dollar company to enter this space.
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The end of Q2 holdings for Intel showed a small stack of COIN shares, valuing between $500,000 and $1,000,000, at the time of publication.
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Bitcoin overtakes Intel and Coca-Cola at a market capitalization of $205 billion.
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