News

Golden Ten Data reported on June 27 that on the 27th local time, the United Kingdom Maritime Trade Operations forwarded an announcement from the Joint Maritime Information Center, stating that on the 27th, the Joint Maritime Information Center raised the maritime security threat level in the Strait of Hormuz from "moderate" to "elevated".

BlockBeats News, June 27th, according to Coinglass data, if Bitcoin surpasses $62,000, the cumulative short liquidation intensity of mainstream CEXs will reach $915 million. Conversely, if Bitcoin falls below $59,000, the cumulative long liquidation intensity of mainstream CEXs will reach $697 million. BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of contracts to be liquidated. The bars on the liquidation chart actually show the importance of each liquidation cluster relative to adjacent liquidation clusters, i.e., intensity. Therefore, the liquidation chart shows to what extent the price of the underlying asset will be affected when it reaches a certain level. A higher "liquidation bar" indicates that the price will face a stronger reaction due to a liquidity cascade.

BlockBeats news, June 27, according to Fortune, Qualcomm CEO Cristiano Amon is attempting to shift the company from its reliance on smartphone chips to diversified businesses such as AI chips, automotive, PC, smart home, and wearable devices, with the next focus on the data center AI chip market, challenging Nvidia's long-standing dominance. At an investor day event held in Manhattan this Wednesday, Qualcomm unveiled its latest AI accelerator and CPU product lines. Amon stated that people often doubt whether Qualcomm is too late in the fiercely competitive AI chip market, but he said, "It's never too late for Qualcomm." Qualcomm expects its data center AI components annual sales to exceed $15 billion by fiscal year 2029. Driven by this, Qualcomm's stock price jumped by as much as 15% on Wednesday, but by Friday, most of the gains had been lost due to sell-offs of large tech stocks on the Nasdaq. Qualcomm also forecasts that by 2029, its annual revenue from non-smartphone businesses will reach $40 billion, twice the long-term forecast from two years ago, indicating the company's efforts to reduce dependence on smartphone chips are progressing. Amon pointed out that public concerns about the enormous energy consumption of AI and data centers provide opportunities for Qualcomm, enabling it to differentiate itself through products such as high energy-efficient CPUs. In addition, Qualcomm announced this week the $3.9 billion acquisition of AI software company Modular, aiming to gain a software platform that can compete with Nvidia CUDA. CUDA enables developers to build AI programs and fully leverage Nvidia GPUs, which is a key reason why many developers remain part of Nvidia's ecosystem; Modular is seen as Qualcomm's attempt to weaken Nvidia's software advantage. Amon stated that Qualcomm possesses a strong engineering culture and is not afraid to embrace new challenges. He said the company has repeatedly advanced business restructuring since 2021, including in automotive, PC chips, and industrial applications, and is now entering a similar phase.