SK Hynix Bets on Demand Growth, Plans to Accelerate Construction of Gwangju Semiconductor Cluster

Odaily News: Barclays initiates coverage on SpaceX (SPCX.O) with an Overweight rating; price target $254. (Jinshi)

Odaily News: According to Odaily Meme Express monitoring, the market cap of CRH on Robinhood has surpassed $3.08 million.It is reported that CRH is a PC-building game token on the Robinhood chain: players purchase land plots and computer components on a pixel island, assemble and upgrade their own computers, and participate in mining; the game page is already live, and the project is also described as using the token for in-game consumption, reward pools, and player progression. CRH is packaged as an on-chain business loop centered around "building your dream PC," where players can build, upgrade, and customize their own computers, competing and using tokens within the game."Meme Express" is an exclusive AI model by Odaily that screens potential community-hyped targets. The content is compiled based on public information and does not constitute investment advice. Please conduct your own due diligence and be aware of the high volatility risks of meme coins.

Odaily News: SK Group Chairman Chey Tae-won said on Friday that chipmaker SK Hynix is planning to build a new semiconductor industry cluster in Gwangju, South Korea, as soon as possible, betting on strong demand growth, but did not disclose a specific start date. Chey Tae-won stated that the company has moved up the construction schedule of the Yongin semiconductor park by 12 years, and may need to advance multiple projects simultaneously if necessary.

Odaily News: Recently, Chris Kuiper, Vice President of Research at Fidelity Digital Assets, stated: "The bear market may not be over yet." He believes that the rebound since August could be either the starting point of a new upward leg or merely a bounce within a bear market, and that "price upside does not guarantee the end of the bear market." Based on the four-year cycle framework, November is a key window to watch (the bottom of the previous bear market was in November 2022), but he also emphasized that historical cycles never repeat precisely, and BTC may decline again and set a new low in November or later.A relatively positive signal is that from June to mid-August, digital asset volatility remained low before rapidly expanding, a pattern similar to the late stages of previous bear markets, which may mean that selling pressure is nearing exhaustion. During the same period, stablecoin transfers, RWA, and institutional participation continued to grow.

Odaily News: Upbit has added KAIA Korean Won, Bitcoin, and USDT trading pairs.

Odaily News: According to MSX.COM data, U.S. pre-market memory concept stocks broadly rose, with SK Hynix (SKHY.O), SanDisk (SNDK.O), and Micron Technology (MU.O) up over 2%.