Tag:

Remains

Ethereum Floods Exchanges As Bitcoin Remains Unshaken: Market Braces For Volatility

by admin August 18, 2025

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Ethereum is navigating renewed volatility after weeks of relentless gains and bullish momentum. The world’s second-largest cryptocurrency surged to its highest levels in years, but bulls are now locked in a battle to defend the $4,200 mark. This price point has emerged as a crucial short-term support, with institutional buyers continuing to accumulate ETH despite recent turbulence in broader markets.

What stands out in this phase is Ethereum’s exchange inflow activity compared to Bitcoin. Over the past month, the two assets have displayed sharply different patterns. While Bitcoin’s inflows have remained relatively moderate, signaling stability and limited selling pressure, Ethereum has seen a significant uptick in coins moving onto exchanges.

This divergence suggests a more dynamic market structure for Ethereum. Rising inflows could indicate profit-taking by long-term holders, or repositioning by large investors preparing for volatility or upcoming catalysts in the ETH ecosystem. Still, institutional interest, alongside strengthening fundamentals such as declining supply on exchanges, continues to support Ethereum’s long-term outlook. Traders now watch closely to see if ETH can hold $4,200 and stabilize for another leg higher.

Bitcoin vs. Ethereum: Divergence in Exchange Inflows

According to on-chain data from CryptoQuant, Bitcoin (BTC) and Ethereum (ETH) are showing a clear divergence in exchange inflows, signaling very different dynamics at play in the market. Bitcoin inflows have remained moderate, fluctuating between 12,000 and 70,000 BTC per day.

While there have been brief spikes in mid-July and around August 1st, these movements have not persisted long enough to suggest a broader trend. This steadiness implies that BTC holders are not rushing to exchanges, which reduces immediate selling pressure. It also reinforces the idea that sentiment around Bitcoin remains relatively stable despite recent volatility in price action.

Ethereum, however, is telling a different story. Over the past several weeks, ETH inflows have surged significantly, with daily exchange inflows repeatedly climbing above 2 million ETH in mid-August and peaking near 2.6 million ETH. This marks a sharp increase compared to late July, when inflows often sat below 1.5 million ETH.

Ethereum Exchange Inflow | Source: CryptoQuant

Such elevated activity suggests large-scale repositioning among major holders or increased profit-taking following ETH’s strong rally. The data highlights that Ethereum is entering a more active trading phase, potentially introducing short-term selling pressure that could influence price direction.

The divergence is striking: Bitcoin inflows suggest relative calm, while Ethereum inflows signal heightened market activity. This imbalance means traders should watch ETH closely, as sustained exchange inflows could either spark a corrective pullback or serve as a stepping stone for a renewed rally, depending on how the market digests the additional liquidity.

Technical Details: Key Price Levels

Ethereum’s recent price action shows a notable retracement following weeks of strong bullish momentum. After peaking near $4,790, ETH has pulled back to around $4,272, reflecting an 11% decline. This move has brought the price back toward a critical support zone at $4,200, where bulls are currently attempting to defend against further downside pressure.

ETH consolidates around key levels | Source: ETHUSDT chart on TradingView

The chart highlights that Ethereum remains well above its key moving averages (50, 100, and 200-day), which are all trending upward and reinforcing a broader bullish structure. Despite the sharp retracement, the longer-term trend still favors buyers, as ETH has maintained higher highs and higher lows since its reversal earlier this year.

A breakdown below $4,200 zone could open the door to $3,800–$3,900, while a successful defense could set the stage for another attempt at the $4,800–$5,000 region. Overall, Ethereum’s chart continues to show bullish strength, though volatility remains high.

Featured image from Dall-E, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

Source link

August 18, 2025 0 comments

NFT Gaming

Dogecoin Price Analysis as Qubic Community Plans a 51% Attack on Dogecoin, $DOGE’s Price Action Remains Reactive, and Maxi Doge Soars

by admin August 18, 2025

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Stay Ahead with Our Immediate Analysis of Today’s Dogecoin Updates

Check out our Live Dogecoin Updates for August 18, 2025!

In 2025, Dogecoin stands shoulder-to-shoulder next to Bitcoin. One is the first cryptocurrency, while our doggo friend is widely recognized as the first meme coin.

Launched in 2013, $DOGE is up by over 39,000% today, looking at a price of over $0.22 and a trading volume in the billions of dollars. If anything, Dogecoin proves that ‘anything is possible’ in crypto, and even underdogs can become industry giants.

With endorsements from industry moguls like Elon Musk and official investment vehicles like the Grayscale Dogecoin Trust, $DOGE seems to be going nowhere but up.

Click to learn more about Maxi Doge

Maxi Doge ($MAXI) is Dogecoin’s bodybuilder cousin chugging Red Bull and scalping cryptos at 3AM in the morning.

Embodying full-send chaos and pump potential 2.0, $MAXI is for degen traders who don’t hesitate and keep diamond hands on some of the riskiest plays.

While meme coins are a dime a dozen, Maxi Doge is max-commitment, max cojones, and aiming for legend status in the memecoin land.

Simply put, if rat poison squared took form, it would probably look like Maxi Doge. And this meme coin is still in presale.

If you’re looking for the newest insights on Dogecoin and doge-related projects and meme coins, you’re in the right place.

We update this page frequently throughout the day, as we get the latest and greatest insider insights for Doge lovers and memecoin enthusiasts, so keep refreshing!

Disclaimer: Crypto is a high-risk investment, and you may lose your capital. Our content is informational only, and it does not constitute financial advice. We may earn affiliate commissions at no extra cost to you.

Today’s Dogecoin Technical Analysis 📊

Dogecoin has dropped over 9% in just the past few hours, sparking panic among meme coin enthusiasts.

On the brighter side, though, the token is now approaching a key support zone – the same level that fueled a 16% rally in early August and has previously acted as both strong support and resistance.

On the 4-hour chart, Dogecoin’s price is trading comfortably below the short-term moving averages (10, 20, 50, and 100 EMA), leaving only the 200 and 400 EMAs as meaningful layers of support as far as technical indicators are concerned.

So, if Dogecoin breaks below these zones, it could trigger a deeper correction, possibly toward $0.18864. This would result in another 14% drop from current levels.

However, on the daily chart, Dogecoin has yet to even test its 50 EMA. This suggests that while short-term price drops are to be expected, the longer-term outlook remains bullish. That said, a clear continuation signal will still be needed to confirm the trend.

Dogecoin Under Fire: Maxi Doge is Built to Withstand

August 18, 2025 • 10:00 UTC

Dogecoin slipped over 4% today as the Qubic community voted to target it with a 51% attack like the one it launched on Monero, which caused a sharp decline in its price.

The threat has sparked panic among $DOGE holders, with Santiment’s NPL data showing the largest loss since July 2022, and Coinglass’s long-to-short ratio hitting 0.79, signaling potential for further price decline.

With $DOGE under attack, traders are rotating to new meme coins on presale like Maxi Doge.

Unlike Dogecoin, Maxi Doge ($MAXI) is not a proof-of-work coin, making it immune to Qubic’s mining-based 51% attacks. It also lacks minting or blacklist functions that could be exploited by attackers. What’s more, its smart contract’s been audited with zero critical vulnerabilities found.

As dogens look to camp out while Qubic eyes its next mark, find out how to move your funds into Maxi Doge.

Why Maxi Doge Is Eating Dogecoin’s Lunch

August 18, 2025 • 10:00 UTC

The old alpha $DOGE appears to be skulking back as tokens that solve real problems take the lion’s share.

Trading near $0.22, Dogecoin’s price action remains highly reactive; driven more by sentiment than substance, showing sharp rallies often followed by steep drops.

With no clear roadmap, limited utility, and hype cycles that fizzle fast, $DOGE’s role as a portfolio staple may be fading.

Traders are increasingly looking for tokens with stronger fundamentals, tokens like Maxi Doge ($MAXI): the meme coin built for this new cycle.

Maxi Doge embodies extreme degen culture, featuring a muscular, caffeine-fueled Shiba Inu with a no pain, no gain attitude to life and trading.

While $DOGE struggles to maintain relevance, Maxi Doge is flexing rapid gains through high-intensity presale sessions.

Offering zero-tax trading, dynamic staking rewards, and a community jacked, juiced, and pumped for breakout momentum, $MAXI is where smart degen money is moving now.

Discover the next 1000x crypto.

Source link

August 18, 2025 0 comments

Gaming Gear

DJI ‘remains committed to the US market’ as shelves go bare of drones

by admin June 25, 2025

Is DJI exiting the US drone market? The company says no — but it would not explain to The Verge what has changed such that it can’t even keep a single drone on shelves.

When I walked into my local Best Buy store today, June 24th, there were zero DJI drones available to purchase. There wasn’t even an empty spot for each drone to go. The entire DJI aisle had been swept clean of price tags, lockers, and products — save a handful of motorized gimbals, action cameras, a single lone RC controller, and an almost empty premium endcap spot where a flagship drone would normally go.

Here is the DJI section at my local Best Buy. Photo by Sean Hollister / The Verge

So long, “immersive flight experience.” Photo by Sean Hollister / The Verge

“We’re not really carrying DJI drones anymore because of the US-China thing,” a store employee told me.

Best Buy is not alone. DJI’s own US webstore no longer has any drones in stock, as DroneDJ reported Monday. Despite DJI having an official presence on Amazon, all remaining drones there are sold by third parties with low or unknown quantities of stock. Nor will Best Buy’s website be much more help than its physical store: As of Tuesday, its only remaining DJI drones are the last-gen Mavic 3 Pro, priced at $3,890, a refurbished version of that same Mavic 3 Pro, and a refurbished version of the 2022 DJI Avata. DJI has already released successors for both.

Even Adorama and B&H, the specialty camera stores, appear to be running low on late-model DJI drones. As of Tuesday, most current-gen drones were listed as “temporarily on backorder” or “temporarily out of stock,” save this specific model of the DJI Air 3S, these two specific models of the DJI Flip, and some variants of the budget DJI Neo.

What’s going on? DJI spokesperson Daisy Kong shared the same explanation DJI’s been sharing for the past eight months, accusing US Customs of unfairly scrutinizing its drone imports. Here’s the latest version:

DJI remains committed to the US market. As we’ve previously shared, DJI has been working with U.S. Customs and Border Protection (CBP) to resolve a custom-related misunderstanding. Unfortunately, this has impacted our ability to stock and import drones and parts. We understand the frustration among our customers, but remain hopeful that this will be resolved.

When we asked DJI whether any other factor might be responsible — like the US’s tariffs on China, or China’s own export controls that have reportedly seen drone component prices triple for US buyers — the company had no further comment. Companies like DJI have been wary of blaming either country’s leaders.

In October 2024, DJI told its partners the “misunderstanding” was that US Customs and Border Protection had citing the Uyghur Forced Labor Prevention Act (UFLPA) as a reason to stop DJI drones from being imported into the United States, following reports that DJI allegedly provided drones to the Chinese government so it could conduct surveillance of Uyghurs. (The Verge has not independently confirmed those reports, DJI has denied it manufactures anything in Xinjiang where China employs forced labor, and DJI is not a listed entity under the UFLPA.)

It’s worth noting we’ve only ever heard DJI’s side of that story, though: to our knowledge, US Customs and Border Protection has never commented on blocking DJI’s drone imports. CBP didn’t respond to The Verge’s request for comment last year, and it didn’t immediately have a response today.

Best Buy denied to The Verge that it is no longer carrying DJI drones, without offering any further explanation. A company spokesperson, responding anonymously from Best Buy’s press email address, did not provide a name when we asked.

If DJI did decide to proactively exit the US drone market, or if Best Buy did decide to proactively cut ties, it wouldn’t be all that surprising. The company has less than six months before a de facto ban on all its new products entering the United States, unless it can convince the US government to 1) audit the company, and 2) get that audit to positively confirm that the dronemaker doesn’t pose a national security threat. That’s a very high bar.

In February, DJI’s head of public policy suggested that in the event of a US ban, DJI could continue to sell current products in the US while it offers new products elsewhere, in an interview with The Verge. But that is already happening ahead of a potential ban. In May, the company skipped the US with its most advanced drone yet, the Mavic 4 Pro.

In addition to drones themselves, DJI’s support website is now warning that it may take 60-90 days for repairs. And in May, we reported how DJI’s back-to-back price hikes took the popular Osmo Pocket 3 camera from $519 to $799 in just two months. There, DJI was willing to say that US-China tariffs were “among the key considerations.”

Source link

June 25, 2025 0 comments

Gaming Gear

OpenAI and Jony Ive’s ‘IO’ brand has vanished, but their AI hardware deal remains

by admin June 23, 2025

OpenAI has scrubbed mentions of io, the hardware startup co-founded by famous Apple designer Jony Ive, from its website and social media channels. The sudden change closely follows their recent announcement of OpenAI’s nearly $6.5 billion acquisition and plans to create dedicated AI hardware.

OpenAI tells The Verge the deal is still happening, but it scrubbed mentions due to a trademark lawsuit from Iyo, the hearing device startup spun out of Google’s moonshot factory.

The announcement blog post and a nine-minute video featuring Ive and OpenAI CEO Sam Altman are no longer available. The blog post from Ive and Altman announcing the deal said, “The io team, focused on developing products that inspire, empower and enable, will now merge with OpenAI to work more intimately with the research, engineering and product teams in San Francisco.”

OpenAI spokesperson Kayla Wood:

This page is temporarily down due to a court order following a trademark complaint from iyO about our use of the name ‘io.’ We don’t agree with the complaint and are reviewing our options.

Source link

June 23, 2025 0 comments

GameFi Guides

Monero crypto remains bullish as price corrects into high-probability value zone

by admin June 14, 2025

Monero has posted a powerful bullish breakout, shifting its market structure and confirming a change in the character of price action. Following the impulsive rally, XMR is now undergoing a correction, one that may provide the ideal foundation for a continuation toward higher targets.

After breaking market structure with a strong upward surge, Monero (XMR) has entered a corrective phase, which is natural and expected following such impulsive price action. The key to the current move lies in where the correction finds support. Technical confluence zones offer valuable insight into where buyers may re-enter the market, and for Monero, that zone appears to be forming around the $269 region.

Key technical points

Bullish Breakout Confirmed: XMR broke above key resistance and confirmed a shift in trend with higher highs and higher lows.
Healthy Pullback in Progress: A correction is now underway, setting up for a potential higher low formation.
$269 Support Confluence Zone: This level aligns with the 0.618 Fibonacci retracement, VWAP support, and the 200-day moving average.
Upside Targets at $338 and $417: These resistance levels remain open if the bullish structure continues from support.

XMRUSDT (1D) Chart, Source: TradingView

Monero’s impulsive rally signaled a clear shift in market behavior, breaking the prior range and confirming bullish intent. With price now pulling back, this phase should not be viewed as weakness, but rather a viable correction in a strong uptrend.

The $269 level is now the critical support area to monitor. It brings together several high-probability technical factors:

0.618 Fibonacci retracement from the recent swing
VWAP (Volume Weighted Average Price) support
The 200-day moving average, which serves as a long-term dynamic support
Historical high-timeframe structure

This confluence creates a strong foundation for bulls to defend. A bounce from this region would confirm a higher low formation, in line with the newly established bullish structure.

If this support holds, Monero is positioned to rotate higher toward $338, the next local resistance, followed by a potential test of the $417 level, a key area that previously capped bullish momentum. Breaking these zones would establish a continued bullish trend with further upside potential.

What to expect in the coming price action

As long as $269 holds, Monero remains technically bullish. This zone acts as the likely candidate for a higher low, setting the stage for another leg upward. Confirmation from this level could propel XMR toward $338 and eventually $417. Watch for strong reaction volume and structure above $269 to validate the continuation.

Source link

June 14, 2025 0 comments

Game Updates

Sony remains committed to “diverse and resilient” live service games, including forthcoming Marathon and Fairgames, despite high profile failures

by admin June 14, 2025

During an annual Sony business presentation, CEO Hermen Hulst stated the company remains committed to building “a diverse and resilient” portfolio of live service games, which includes the unreleased Marathon and Fairgames. That’s despite high profile live service failures, in addition to controversy with these two forthcoming games.

Hulst stated that Sony is building on the successes of games such as Helldivers 2 and Destiny 2 for future projects, adding: “We look forward to showcasing our progress with Marathon”, a game that has seen no shortage of controversy recently.

Helldivers 2, the large jewel in Sony’s live service crown, was dubbed a “resounding critical and commercial success” by Hulst, who highlighted both its ability to retain a passionate community and win industry awards.

Watch this Marathon gameplay trailer, if you want.Watch on YouTube

Hulst called Marathon “innovative and bold”. No other compliments were offered to Bungie’s upcoming extraction shooter, though the accompanying slide noted “strong early engagement” as its prime achievement so far.

An interesting perspective to be sure, at least as far as Marathon is concerned. While much of what Hulst said about Helldivers 2 is true – the game has managed to remain a fantastic success story for the industry giant – Marathon has found itself on the receiving end of some exceptional problems.

The “strong early engagement” noted in the presentation doesn’t reflect the available player figures for the games’ closed alpha. During this short-lived test, Marathon shed roughly 80 percent of its initial alpha playerbase. As far as engagement via discussion, Marathon’s many problems dominated the conversation, such as its locked three-player format and lack of feasible solo mode, repetitive nature, lack of crucial extraction shooter features such as proximity voice, and more.

One of the biggest merits of Marathon was its aesthetic, which soon soured due to an art plagiarism scandal. Bungie admitted to the use of external art in the games development process, blaming it on a former employee and committing to a full audit of in-game assets in order to remove any stolen work. This situation would reportedly send morale at Bungie into “free fall”.

Then we have Fairgames, which hasn’t been shown off much since its initial reveal. A co-operative heist game, it was recently delayed due to studio founder Jade Raymond departing for greener pastures. This came following worrying external tests, according to a report from Bloomberg.

According to Raymond in a 2022 Gamesindustry.biz article, “more than 30 percent of the studio is currently working on machine learning, artificial intelligence, and cloud-based dev tools”, technology that has proven divisive in recent years. Not to mention what could possibly be the most devastating hit to Fairgames yet: the removal of the dollar sign from its title.

It is clear that, despite uncertainty surrounding Sony’s upcoming live service releases, the company wishes to remain entrenched in the space. Or, at the very least, to appear confident in its continued presence in the world of live service. It’s worth noting the full record of Sony’s venture into live service, which includes the legendary blunder Concord, a cancelled live service God of War project, The Last of Us Online, and more. Sony, which initially wanted to release 12 live service games by March 2026, has cut that figure down to six.

Sony’s single-player output however has proven a far better offering for PlayStation fans. Earlier in this presentation, Hulst highlighted releases such as Astro Bot, God of War: Ragnarok, and Marvel’s Spider-Man 2. Describing such releases as “a core strength” for Sony, it appears as though this style of game has proven more successful overall for the company.

Source link

June 14, 2025 0 comments

GameFi Guides

XRP Bullish Structure Remains Bullish: Analyst Releases 3 New Targets

by admin June 13, 2025

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Crypto analyst Klejdi has assured that the XRP bullish structure remains intact despite the recent pullback. The analyst indicated that the pullback is part of the bigger picture, while highlighting three targets the altcoin could hit once it reverses to the upside.

XRP Bullish Breakout Still On The Horizon

In a TradingView post, Klejdi suggested that XRP’s bullish breakout was still on the cards, although a pullback could come before the gains. This came as he noted that the altcoin had broken out of a larger bullish pattern, signaling the end of its accumulation phase. However, he added that short-term uncertainty could XRP lower with the market’s attention on the US-China trade deal and the Trump-Musk developments.

Klejdi predicted that the XRP price could drop to around $2.17 due to this market uncertainty. However, despite the short-term volatility, the crypto analyst remarked that the altcoin’s broader bullish structure remains intact, indicating a strong upside potential in the coming days or weeks.

He also revealed that $2.4, $2.6, and $2.8 were the targets that XRP could reach on this potential move to the upside. A rally to $2.8 could pave the way for a rally above the psychological $3 level.

Source: Kledji on X

Crypto analyst CasiTrades also recently commented on the XRP price action and revealed what to expect. The analyst declared that the altcoin could break out of its consolidation structure by June 16, which is also the deadline for the SEC to submit a status report on its filing for an indicative ruling in the XRP lawsuit. She predicted that the altcoin could rally to as high as $13 if this marks the bottom.

However, XRP and the broader crypto market are facing a lot of uncertainty following Israel’s strike against Iran. Iran has retaliated, further escalating tensions between the two countries. Similar attacks in the past have had a significant impact on the crypto market.

XRP Could Still Drop To As Low As $1.55

In an X post, CasiTrades declared that the support levels at $2.01, $1.90, and even $1.55 are still very much in play as long as $2.25 holds as resistance for XRP. She claimed that the altcoin is also heading straight into the apex of this macro consolidation, with very little time left. The analyst added that this is likely a final support touch before a major breakout.

This aligns with Klejdi’s analysis that XRP could suffer a significant pullback before the massive gains. Crypto analyst CasiTrades also believes that deeper support levels are more likely to get tested before the breakout to the upside.

At the time of writing, the XRP price is trading at around $2.09, down over 6% in the last 24 hours, according to data from CoinMarketCap.

XRP trading at $2.1 on the 1D chart | Source: XRPUSDT on Tradingview.com

Featured image from Getty Images, chart from Tradingview.com

Source link

June 13, 2025 0 comments

Game Reviews

MindsEye crashes caused by a memory leak, developer says, as it remains committed to ensuring all players have a great experience

by admin June 12, 2025

The team at MindsEye studio Build A Rocket Boy is “heartbroken that not every player was able to experience the game as we intended,” it has said, promising more fixes throughout June.

MindsEye released earlier this week, however it wasn’t the smoothest of launches. Many found themselves presented with distorting character bugs and stuttering issues when they booted up the game. Build A Rocket Boy released a statement yesterday, when it said it would be prioritising gameplay performance with an update.

“Our teams have worked tirelessly throughout the night to solve many of these issues, and we have now identified that the vast majority of crashes were caused by a memory leak,” the developer has since shared on the MindsEye Discord, adding roughly one in 10 players were impacted.

The Death of Console Exclusives Is Inevitable and I Don’t Know How I Feel About It. Watch on YouTube

“We have developed a hotfix that addresses this issue (alongside other issues that our players have highlighted), which we are working hard to deploy as soon as tomorrow on PC and on consoles once it passes certification with PlayStation and Xbox,” it continued, stating the team is “fully committed to ensuring all players have a great experience”.

Build A Rocket Boy additionally shared its hotfix plans for up until the end of June. These are:

Friday, June 13-15 – Hotfix #1 – PC & Console

What players can expect:

Initial CPU and GPU performance improvements, along with memory optimisations
Reduced difficulty for the CPR mini-game
A new setting to disable or adjust Depth of Field
Fix for missing controls in the MineHunter and Run Dungeon mini-games
Pop-up warnings for PCs with Hardware Accelerated GPU Scheduling disabled and for PCs with CPUs prone to crashes

Hotfix #2 – Week of June 16 – PC & Console

What players can expect:

Continuous incremental performance and stability improvements
Fix for the buggy wheels not visually spinning while driving
Fix for areas in Car Manufacturing where players could fall through the world

By End of June – Update 3 – PC & Console

What players can expect:

Ongoing performance & stability improvements
Rebalanced “Hard” difficulty setting
Animation fixes
AI improvements

Image credit: Build a Rocket Boy / IOI

MindsEye has had an unusual lead up to launch, it has to be said. At the end of May, the studio’s co-CEO suggested the game’s negative reaction up until that point had been paid for in a “concerted effort” against the developer. This is something IO Interactive, which serves as the game’s publisher, doesn’t believe to be the case.

Meanwhile, the studio’s Chief Legal Officer and Chief Financial Officer left the company, just one week before MindsEye released.

Source link

June 12, 2025 0 comments

Gaming Gear

AMD supercomputers take gold and silver in latest Top500 as Chinese HPC remains shrouded in secrecy

by admin June 11, 2025

Top500.org on Tuesday released its 65th list of the world’s most powerful supercomputers, revealing the dominance of American AMD-based systems amid a lack of new entries from China, as well as the performance of supercomputers used by AI giants such as xAI and OpenAI.

The latest update to the global high-performance computing rankings places the AMD Instinct MI300A-based El Capitan at the forefront with Rmax performance of 1.7 FP64 ExaFLOPS, followed by the AMD-powered Frontier (1.353 ExaFLOPS) and Intel-based Aurora (1.012 ExaFLOPS) as the top three exascale-class systems, all of which are operated by U.S. Department of Energy laboratories.

The world’s fourth-most most powerful supercomputer — Germany’s Jupiter Booster, based on Nvidia’s GH200 platform — is a new entrant offering Rmax performance of 0.793 ExaFLOPS. Rounding out the top five, Microsoft’s Eagle achieved 0.561 ExaFLOPS.

TSMC quashes UAE fab rumors, but says AI demand remains fierce in the face of tariff pressures

by admin June 3, 2025

Just days after TSMC was reported to be in talks with Washington over a planned fab expansion in the Middle East, company CEO C.C. Wei has quashed those rumors at the company’s annual shareholders meeting. As noted by Reuters’ Wen-Yee Lee on X, Wei said the company had no plans to set up fabs in the Middle East. He also addressed the issue of tariff impact, but said that while TSMC had some exposure to waning demand, AI demand was consistently outpacing supply.

Wei’s comments on the Middle East follow a Bloomberg report that claimed TSMC was evaluating the possibility of opening a chip fab in the UAE. It was claimed TSMC had met with U.S. special envoy to the Middle East Steve Witkoff and a state-owned investment firm several times. The fab would have reportedly been the size of Fab 21 in Arizona.

Just in – #TSMC CEO C.C. Wei: No plan to set up fabs in the Middle East pic.twitter.com/nkKnH3AKsEJune 3, 2025

Concerns cited included national security, given the significant influence of China and Iran in the region, as well as talent drain from other locations required to build the plant. Turns out, those concerns were academic, with TMSC clearly having ruled out the possibility, at least for now. According to ComputerBase, Wei stated a UAE fab would not fit the company’s strategy, given that there are no large clients in the local region.