DeFi Development Corp. plans to conduct a $20 million Series C perpetual preferred stock IPO
--
DeFi Development Corp. plans to conduct a $20 million Series C perpetual preferred stock IPO, with some of the proceeds going towards increasing its holdings in SOL. （Cointelegraph）
JPMorgan Chase believes that MediaTek's custom AI chip business is expected to maintain growth after 2028, and has raised its profit expectations for MediaTek in 2027 and 2028, raising its target price for June 2027 from NT $5300 to NT $5600.
Analyst Guo Mingchi stated that Nvidia has restarted the Rubin CPX artificial intelligence inference acceleration chip project, which is expected to be put into production in the first quarter of 2027. The chip has computing power close to standard Rubin GPUs, with a maximum single power consumption of 2300W and equipped with 168GB HBM4 memory.
On September 1st, Indian Prime Minister Modi called on the Indian people not to purchase gold unless necessary to alleviate the pressure of trade deficit and rupee depreciation. This is the second time Modi has issued such a call within the year. India's gold imports in the first four months of this fiscal year increased by over 32% year-on-year, and the trade deficit widened to $32 billion in July. Modi urged the public to purchase local products and avoid traveling overseas for tourism and weddings.
