Search results for "FACTORY"
2026-03-29
15:07

Wang Xing: Meituan will not blindly pursue becoming a "Token factory," but instead views AI as a strategic opportunity.

Meituan CEO Wang Xing emphasizes an aggressive approach in AI business, viewing AI as a strategic opportunity. Meituan is among the leading domestic companies in AI investment, dedicated to developing its own model LongCat and collaborating with top large models to enhance understanding and execution of user needs, striving to make the Meituan app the preferred platform for local life services.
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04:23

SK Hynix Files for US Listing: Plans to Raise Up to $14.4 Billion, Potentially Largest US IPO in Five Years

SK Hynix has submitted a listing application to U.S. securities regulators, planning to go public on the U.S. stock market in the second half of 2026, with a fundraising target between $9.6 billion and $14.4 billion. The listing aims to enhance the company's global value, with proceeds earmarked for domestic and international chip factory construction; however, it faces opposition from governance forums regarding shareholder equity dilution.
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11:00

PrimoX Fintech Obtains UAE Digital Asset Business License and Completes $5 Million Private Financing Round

PrimoX Fintech LTD has obtained a digital asset trading license from the UAE and positioned itself as a Consumer Rights Liquidity Layer (CRL), planning to solve consumer rights circulation issues through on-chain confirmation of rights. Simultaneously, the company announced the completion of a $5 million private fundraising round in Singapore in 2025 and is collaborating with financial institutions to achieve asset tokenization for a Vietnam factory.
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03:47

DF (dForce) increased by 17.04% in the past 24 hours, now trading at $0.00356

Gate News Bot Message, February 10th, according to CoinMarketCap data, as of press time, DF (dForce) is currently priced at $0.00356, up 17.04% in the past 24 hours, with a 24-hour trading volume of $2.28 million. The current market capitalization is approximately $3.58 million, an increase of $52,160 from yesterday. dForce is a gateway to on-chain capital markets, dedicated to enabling cross-border capital flow, protocol, and asset mobility through autonomous and AI-native infrastructure. The ecosystem integrates several core products: Maxshot AI Agent Factory offers AI agent factory functionality, Unitus Finance is a multi-chain money market, RWA Marketpla
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DF-24,33%
CFX-1,49%
ETH-0,56%
OP-0,73%
08:54

Pump.fun Price Prediction: As Pump Fund launches, whales continue to reduce their holdings. Will PUMP drop back to $0.0016?

On January 22, news broke that Pump.fun (PUMP) once again triggered market caution after a short-term rebound. Although the project team recently announced the launch of Pump Fund to provide funding support for early open-source projects on the platform, on-chain data and technical charts have shown clear risk signals, and the PUMP price trend is facing potential correction pressure. According to public data, PUMP surged about 12.5% during the day, reaching a high of $0.0027, then fell back to around $0.0026, with an intraday increase of approximately 6.2%. This rally is closely related to Pump.fun's new fund plan. Pump Fund will provide $250,000 to each of the 12 selected teams, with a fixed valuation of $10 million, and will host a 30-day "Build in Public" hackathon. The goal is to help Pump.fun shed its "Meme coin factory" label and transition into a genuine application ecosystem.
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PUMP-0,77%
12:23
1

TSMC confirms that the Arizona Fab 21 plant experienced a power outage in September, with wafer loss and financial impact yet to be determined.

TSMC recently confirmed that its Fab 21 factory in Arizona experienced production disruptions in late September due to a power outage from a supplier. According to insider Tim Culpan, the outage forced the factory to scrap some wafers, but TSMC has not disclosed the specific number of losses or economic impact. A TSMC representative confirmed to Tom's Hardware that the power outage did occur but did not confirm whether it resulted in wafer losses. The power outage originated from the UK industrial gas supplier Linde, which is responsible for supplying critical materials to Fab 21. Although the Fab 21 plant itself did not experience a power cut (equipped with backup generators), the disruption in the supply of critical materials forced the plant to halt production for several hours and caused potential losses. TSMC in the US must rely on external suppliers to manage gas infrastructure, while in Taiwan it is managed internally, making Fab 21 more susceptible to supply chain disruptions.
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