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#AMD

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Nvidia Shares Drop 5% Ahead of High-Stakes Independent Spy Probe
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Nvidia Shares Drop 5% Ahead of High-Stakes Independent Spy Probe

Key Highlights The Nvidia board has initiated an independent external probe into Jensen Huang’s past interactions with a former Megaspeed executive, aiming to maintain transparency and limit board liability. Nvidia faces mounting pressure from a new shareholder class action lawsuit filed by Mark Kistenmacher alongside a Congressional summons for a closed-door briefing on November 18. ...

Core Scientific Sells 816 BTC, Leaving Just 32 BTC as AI Pivot Accelerates
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Core Scientific Sells 816 BTC, Leaving Just 32 BTC as AI Pivot Accelerates

Key Highlights: Core Scientific has slashed its Bitcoin reserves from a 2022 peak of over 9,600 BTC to just 32 BTC, reducing its digital asset balance sheet value to $2.7 million. Third-quarter 2026 revenue surged 187% year-over-year to $232.9 million, driven almost entirely by colocation services generating $215.4 million, or 92% of total revenue. The ...

Core Scientific to Exit Bitcoin Mining by End of 2026
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Core Scientific to Exit Bitcoin Mining by End of 2026

Key Highlights: Core Scientific will completely conclude its exit from Bitcoin mining during the fourth quarter of 2026, transitioning entirely into a high-density colocation and AI infrastructure provider by 2027. Third-quarter revenue reached $232.9 million, with colocation services contributing roughly 92% ($215.4 million) of total revenue, while self-mining revenue fell 79% year-over-year to $12.3 million. ...