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Google Turns to Samsung for Future AI Chip Supply Due to Production Capacity Constraints

1 hours ago

June 11 — According to The Information, Google is weighing whether to tap Samsung Electronics as a key supplier for a component of its upcoming high-end AI chip. Amid persistent manufacturing capacity limits, chip firms are being pushed to find partners beyond TSMC. Sources close to the matter told the outlet that the U.S. tech giant is in discussions with Samsung, planning to have the South Korean firm use its 2-nanometer production technology to manufacture parts of Google’s next-generation Tensor Processing Unit (TPU). TPUs are Google’s custom AI chips built specifically for its cloud data centers.
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Iran Responds to Trump's Threat: Will Retaliate More Strongly Against the US

June 11: The head of Iran’s Parliament’s National Security Committee responded to U.S. President Trump’s threat against Iran, stating that Trump will face a stronger, more painful counterstrike. [Forex]

8 minutes ago

Binance has officially launched the tokenized stock bStocks, enabling 24/7 trading of US stocks

June 11 – Per an official announcement, Binance has fully launched its bStocks platform, enabling users to trade and redeem tokenized securities. Each bStock is pegged 1:1 to U.S. stocks held by a regulated custodian. Issued by BTECH Holdings Limited, an affiliate of the Binance group, bStocks are classified as tokens representing specific financial instruments. Holders hold an interest in the underlying securities but do not gain direct ownership of the related listed company’s shares. Binance states bStocks trade 24/7 on its spot market, free from the limitations of traditional stock trading hours. Users can redeem stocks for bStocks instantly at a 1:1 ratio with no redemption fees. Each bStock is fully backed by real U.S. stocks held by a regulated custodian, and its reserves are verifiable via a dedicated proof-of-reserve page. Additionally, bStocks support withdrawals to compatible BNB Smart Chain wallets for self-custody and integration with DeFi protocols on the BNB Smart Chain

8 minutes ago

Binance Exchange Adds CRCLB, MUB, and Other bStocks Tokenized Stock Trading Pairs

June 11, via an official announcement, cryptocurrency exchange Binance revealed it will launch bStocks tokenized securities trading pairs for Circle (CRCLB), Micron (MUB), NVIDIA (NVDAB), Sandisk (SNDKB), and Tesla (TSLAB), alongside activating spot algorithmic trading bots. The timeline for the rollout is as follows: - June 12, 2026, 01:00 (UTC+8): MUB/USDT trading pair goes live; - June 12, 2026, 02:00 (UTC+8): CRCLB/USDT, NVDAB/USDT, SNDKB/USDT, and TSLAB/USDT trading pairs launch.

8 minutes ago

US Semiconductor Sector Extends Gain, Intel Surges Over 10%

On June 11, data from Bitget showed the semiconductor sector in the U.S. stock market posted expanded gains. The Philadelphia Semiconductor Index surged over 4%. Intel jumped more than 10%, AMD rose nearly 5%, Marvell Technology advanced over 4%, and Micron Technology and TSMC each climbed more than 2%.

8 minutes ago

U.S. Stocks Open Higher and Maintain Gains, with the Nasdaq 100 Index Extending Its Increase to 1.5%

June 11: Per data from Bitget, the U.S. stock market opened higher and extended its gains. The Nasdaq 100 Index’s increase expanded to 1.5%, the Dow Jones Industrial Average is up 0.9%, and the S&P 500 Index rose 0.8%.

8 minutes ago

US Space Stocks Soar as Virgin Galactic Surges Over 16%

June 11 marks the official start of SpaceX’s IPO countdown, driving a rally in U.S. space-concept stocks as market investors pour capital into the space economy sector ahead of the listing. Per data from Bitget, U.S. space-themed equities are seeing broad gains across the board: Virgin Galactic (SPCE) surged more than 16%, while Intuitive Machines (LUNR), Destiny Tech100 (DXYZ), and Redwire (RDW) each climbed over 7%.

8 minutes ago