Advanced Micro Devices’ shares ripped over 29% in Monday’s midday trade after the announcement of a multi-year deal with OpenAI for six gigawatts worth of AMD chips.
According to a report by CNBC, the integration is likely to allow users to convert their crypto holdings into cash for spending at Walmart stores or for paying card balances.
Renowned investor and "Shark Tank" personality Kevin O'Leary said Wednesday that artificial intelligence data centers and Bitcoin (CRYPTO: BTC) mining are “competing” for scarce electricity in North America.
Strategy informed the SEC that Treasury and the IRS will permit companies to disregard unrealized crypto gains and losses when calculating AFSI for the 15% CAMT.
