News

On June 22, analyst Gaah cited CryptoQuant data indicating that Bitcoin's cyclical momentum indicators show the current bear market has not yet ended. The indicator has not risen above the neutral zone (0), thus the bear market continues. The indicator has reached the -30 point range, which historically is a deep area for forming cyclical bottoms. Historically, this range (-30) has constituted a major support level for BTC. However, to confirm a trend reversal, the price must form a bullish pattern while the indicator breaks through the neutral zone.

On June 22, an exchange (INTC.US) rose over 4% in pre-market trading, reaching $139.42, while an exchange (UMC.US) increased by 6.8%, reaching $25.72. According to a report from FundaAI, an exchange has partnered with the foundry an exchange to jointly develop advanced manufacturing process technologies. This collaboration primarily focuses on chip technologies for 12nm and 3nm processes, with production expected to take place at an exchange's facility in Arizona.

Industry insiders stated that construction equipment is gradually entering the site, indicating that substantive construction of P5 Fab 2 is about to begin, with a high likelihood of groundbreaking in about a month. As the wave of AI infrastructure investment drives a surge in storage chip orders, Samsung has advanced its capital investment schedule by approximately six months compared to the original plan. P5 Fab 2 will be the sixth factory built within Samsung Electronics’ Pyeongtaek campus, and it is also the final semiconductor production line at the campus. Based on calculations for 300mm wafers, its monthly capacity is expected to reach 200,000 to 300,000 units, aiming for initial production in 2029. The facility will cover all products ranging from HBM to next-generation DRAM, NAND flash, and advanced process foundry production lines.