POWER team transfers $29 million in tokens, token price drops over 58.6% today

AMD (AMD.US) CEO Lisa Su stated that AMD will invest tens of billions of dollars in its global supply chain.

(1) Some viewpoints suggest that investors are often influenced by the misconception that rising interest rates are unfavorable for precious metals, but this logic may not necessarily hold. (2) An increase in interest rates may stem from rising inflation or a sovereign debt crisis; either scenario provides positive support for gold. (3) This perspective also believes that the Federal Reserve is currently adopting a more symbolic stance on inflation. Constrained by the expanding scale of US Treasury debt, it is difficult to raise interest rates to a sufficiently high level. (4) Ultimately, the Federal Reserve may be forced to restart its "money printing" or suspend rate hikes, at which point the prices of precious metals are likely to surge significantly.

(1) Data from the Bank of Korea on Wednesday showed that driven by robust semiconductor exports and improved corporate profits, South Korean companies’ idle funds reached a record high in the second quarter. (2) As of the end of June, net financial assets held by non-financial companies amounted to 67.1 trillion won (about $50.1 billions), a significant jump from 20.8 trillion won three months earlier. (3) This is the highest single-quarter value since the Bank of Korea began tracking this indicator in 2009.

AMD (AMD.US) CEO Lisa Su stated that AMD has received strong support from Samsung Electronics and SK Hynix in the area of HBM (High Bandwidth Memory).