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According to TrendForce's Monitor, at TSMC's annual shareholder meeting held in Hsinchu on Thursday, TSMC's Chairman and CEO C.C. Wei stated that global chip supply will not be able to meet the surging demand for AI in the coming years. Wei noted that even with TSMC expanding its manufacturing capacity in the United States, it still cannot fully satisfy the significant demand from its U.S. customers, and achieving supply-demand balance will take a long time. Despite the supply chain constraints, Wei reiterated TSMC's forecast of over 30% revenue growth for this year. TSMC had raised its full-year sales guidance in April, expecting capital expenditure to trend towards the upper end of the $56 billion forecast range, while the AI-related spending by major global hyperscale cloud service providers is projected to reach a record-breaking $725 billion this year.Following disappointing performance outlook from customer Broadcom, TSMC's Taipei-listed shares slipped slightly by 1% today, but have surged more than fourfold over the past three years. In response to calls from the industry to share the benefits of the AI boom, Wei reiterated during the meeting that TSMC employees will see their average bonus increase by over 30% this year.

According to CryptoQuant founder Ki Young Ju, the average holding cost for Bitcoin investors is approximately $53,000, and bear markets usually end after the price falls below the realized price. He believes that with institutional capital inflows and stable MicroStrategy holdings, returning to this level would be difficult, but the current price trend indicates unusually strong selling pressure in the market. Since January 2023, MicroStrategy has purchased 711,200 BTC, only selling 32; the combined holdings of US spot Bitcoin ETF and MicroStrategy have absorbed 1.16 million BTC, surpassing Satoshi's 1 million holdings and reaching nearly half of the exchange reserves of 2.7 million, yet the price has still returned to the same level.

Foresight News reports that Sam MacPherson, co-founder of Phoenix Labs, tweeted that the DeFi lending protocol Spark has deployed 15 million USDC to Spark Prime and launched a pilot collaboration with M1 Capital. M1 will use this liquidity pool to conduct parallel delta-neutral arbitrage trades on both centralized and decentralized platforms, achieving efficient capital utilization and broader trading coverage. Spark Prime allows borrowers to manage cross-platform margin positions across DeFi protocols, qualified custodians, and exchanges, overcoming the limitations of single-position models in traditional DeFi lending, while retaining core DeFi features such as over-collateralization and automated liquidations.