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The Federal Reserve's interest rate hike combined with the central bank's increase of the foreign exchange deposit reserve ratio to 6% has led several banks to raise their USD fixed deposit rates again, with some products exceeding 4%.In October, the average benchmark performance of USD wealth management reached 4.1%. The interest rates of foreign banks have risen significantly, while the listed rates of state-owned banks remain around 2.8%, resulting in an inverted yield curve.

AMD disclosed server processor and die interconnect layout at the In Depth technology forum. Venice uses TSMC's N2 process and CoWoS-L advanced packaging, and introduces elevated fan-out bridge (EFB). The subsequent Verano will adopt the N2P process. AMD's server architecture head Mahesh Subramony stated that as the number of computing cores increases, more data needs to be transmitted between dies, and EFB reduces power consumption and latency through short-distance interconnects. AMD expects the data center CPU market size to grow from approximately $26 billion in 2025 to about $220 billion in 2030, with a compound annual growth rate of over 50%.In terms of packaging collaboration, ASE and SPIL are involved in the development and validation of wafer-level 2.5D bridge interconnects, and AMD has completed panel-level EFB interconnect validation with Powertech. AMD announced in May 2026 that it will invest over $10 billion in the Taiwanese industrial ecosystem to expand strategic cooperation and advanced packaging capabilities. Regarding product progress, the Venice SP7 platform has been shipped, with the SP8 aimed at the enterprise market expected to be supplied in the first half of 2027, and Verano and Venice-X scheduled for release in the second half of the same year, with related server processor products targeted for mass production in 2027.

According to a Torus announcement, this energy storage company headquartered in Salt Lake City, USA, has completed a $500 million Series C financing round, led by Magnetar, with participation from ICONIQ, Origin Ventures, Ridgeline Partners, and Trinity Capital.Torus also launched a modular AI inference computing power product called Foundry, which integrates power supply, energy storage, heat dissipation, networking, and computing power into prefabricated equipment, with each site ranging from 1 to 20 megawatts, requiring approximately 12 to 16 weeks from contract signing to operation. The first batch of customers includes Hydra Host, and the company's goal is to deploy over 47,000 GPUs by the end of 2027.

Elon Musk stated that in order to process more Cybertruck backlog orders, production will be extended until the end of summer 2027.

According to the information on the Liepin page, Tencent is hiring a financial product manager for cross-border payment. The job responsibilities include conducting overseas market research based on distributed ledger technology, digital assets, and designing fee-free capabilities, key custody and recovery based on account abstraction, as well as designing the circulation and exchange logic of fiat currency.The position also requires transforming regulatory rules such as identity verification, anti-money laundering, and transaction information transmission into product processes. The job requirements include over 5 years of experience in wallets, exchanges, payment, or e-wallet products, and familiarity with mainstream public chains, smart contracts, and multi-chain asset management.

The OPEC monthly report shows that Saudi Arabia reported an average daily crude oil production of 10.563 million barrels in October, up from 8.372 million barrels in September, setting a new high during wartime.

According to exclusive reports from Big Factory Daily, Trip.com held an all-hands meeting last week to announce the promotion of the "Integration of Production and Research" system across the company. This system is centered around DRI (Directly Responsible Individual) and merges personnel from product, operations, front-end, back-end, algorithms, testing, and other areas into project-based teams, breaking down traditional functional team boundaries with the goal of achieving "everyone is a full-stack developer, everyone is a product manager."In terms of specific execution, DRI leaders are not limited by function and can be original product, operations, or technical leaders. Team members within the project group collaborate across functions, which may lead to situations where products evaluate technical performance, and technology reports to operations. Front-end and back-end teams can also propose requirements and implement them independently. Ideas from product and operations that can be realized by AI can also be delivered independently, ultimately decided by the DRI.Currently, departments such as Trip.com Travel, Flights, and Content Center have begun to respond, with different teams progressing at varying paces, and the company has not imposed a one-size-fits-all requirement. The report indicates that this move is partly influenced by Silicon Valley concepts and aligns with the trend of blurred job boundaries in the AI era. This model can effectively reduce buck-passing and disputes, shorten delivery chains, and accelerate decision-making, but the challenge lies in the high comprehensive ability requirements for DRI leaders, who need to possess both technical understanding and business insight, and such qualified leaders are currently relatively scarce.

On November 10, German solar equipment manufacturer SINGULUS TECHNOLOGIES announced that it has signed a contract with SpaceX to provide a complete production line for heterojunction (HJT) solar cells. The first production line order amounts to over 60 million euros and is scheduled for delivery in the first half of 2027. The strategic cooperation between the two parties also plans to expand to multiple production lines, gradually supporting a scale of over 100GW of solar cell production equipment. The related production facilities will be used for SpaceX's satellite manufacturing project located in Bastrop, Texas, USA, to provide high-performance solar cells for its Starmind space AI satellite.Musk subsequently retweeted the SpaceX announcement and added that SpaceX has ordered HJT solar manufacturing equipment with an annual capacity of 100GW from German SINGULUS, stating that this is to enable Starmind to create a "sentient sun," a phrase that echoes its long-term vision of building a space AI computing infrastructure using solar satellites. SINGULUS also disclosed that since establishing strategic cooperation with SpaceX in March 2026, it has provided financial support in March and October, which includes a secured subordinated loan.

According to The Block, the foundation behind the Ethereum Layer 2 network MegaETH has been renamed MEGA and has committed to allocating $30 million from its existing treasury to develop new products, with the first AI inference marketplace scheduled to launch in December.MEGA stated that all new products will run on MegaETH, and planned network upgrades such as rapid finality will also support AI inference products. Co-founder Shuyao Kong mentioned that the inference marketplace targets developers as its customer base, with specific suppliers and models to be announced at launch.MEGA's responsibilities also include expanding the use cases of the MEGA token, and Kong stated that the team will utilize the token in possible scenarios.

According to Decrypt, Jupiter, the largest trading platform on Solana, launched four new products this week, expanding from token trading to a one-stop on-chain asset platform, and announced a new mission to make global assets universally accessible and usable.Jupiter aggregates liquidity across the entire Solana network to provide optimal prices for each transaction, with a cumulative aggregated trading volume exceeding $1.3 trillion; according to data from DeFiLlama in early November, its total locked value in the ecosystem is approximately $1.7 billion, and the active loan size in the lending market has surpassed $1 billion. Chief Operating Officer Kash Dhanda stated that aggregation applies not only to trading but to all aspects.Among the four products, Baskets allows users to deposit a single SOL or USDC to purchase a basket of tokens without the need to exchange them one by one, which can be allocated and automatically rebalanced based on market capitalization weight or fixed targets. Jupiter Vaults serve as a yield strategy center, covering stablecoin lending and strategies supported by real-world assets, managed by independent curators rather than Jupiter itself. Users can view the risk status, fund allocation, and historical returns of each strategy before depositing. Vaults went live on November 11 as a private beta for over 19,000 waitlisted users and eligible stakers of JUP.The launched Portfolio V3 upgrades the portfolio page to an actionable interface, providing quick access to trading, opening perpetual contracts, forecasting, and lending, and sends alerts when positions approach liquidation, while also adding cross-chain transfer functionality that integrates multiple cross-chain bridges. Pulse and the revamped token page provide market data for tokenized stocks and ETFs, token economic models for DeFi projects, and a token comparison sidebar.The aforementioned products will be gradually launched before the Solana Breakpoint conference opens on November 15. Jupiter stated that all Vaults strategies carry risks, and some strategies may not be available in regions including the United States.

According to The Block, Bitcoin mining company Bitdeer (BTDR) announced its third-quarter performance: revenue reached $320.7 million, setting a new historical high.Bitcoin production increased by 248% year-on-year, reaching 3,855 BTC. Adjusted EBITDA grew by 173% to $69.6 million, but net losses widened to $125.5 million.

According to reports from Major Factory Daily, on November 10th at 20:30, Luo Yonghao will debut the AI development product TRAE from ByteDance in the "Let's Make Friends" live streaming room. This live stream will not be a conventional product parameter explanation; Luo Yonghao will demonstrate the use of TRAE on-site, converting ideas directly into runnable applications through natural language.During the Double Eleven period, this live streaming room will launch exclusive promotional activities, with a limited-time price of 9.9 yuan for new users of TRAE Lite monthly subscription, while also listing the full range of annual subscription products: Lite, Pro, and Ultra. Reports indicate that AI programming tools are lowering the barriers to software development, allowing ordinary users without a technical background to develop personal management systems or product prototypes. This live stream marks the extension of the Double Eleven AI marketing battle from selling computing power (Tokens) to monetizing personal development and creativity.

The Industrial and Commercial Times reported on November 10 that the supply chain has recently indicated that NVIDIA intends to slow down chip orders. The report stated that NVIDIA's CEO Jensen Huang admitted to infidelity and apologized in a letter to employees on the 8th, U.S. time. The board has initiated an independent investigation to clarify whether it has been targeted by foreign intelligence activities. Foreign media disclosed that some companies authorized to handle the H200 are suspected of being shell companies, raising concerns that chips may be transshipped to mainland China through shell companies and third locations.The report indicated that stricter export reviews and the accumulation of H200 processors in Hong Kong have increased the risk of NVIDIA cutting orders, with upstream supply chain players such as TSMC and ASE being the first to bear the brunt. The supply chain revealed that there have also been rumors of NVIDIA cutting orders in wafer foundry recently, stating that this would benefit other chip manufacturers in obtaining more capacity, including AMD and cloud service providers' self-developed chips. ASIC manufacturers indicated that as long as TSMC can provide capacity, end customers will fully take on the orders. Industry sources pointed out that if NVIDIA releases capacity, companies like WorldChip, Creative, and MediaTek are expected to gain more capacity support.MediaTek estimates that the first AI accelerator aims for approximately $16 billion by 2027 and has already secured a second customer. WorldChip has also obtained a second ASIC order from a major American company and anticipates that revenue will gradually expand next year and the year after. Demand for AMD's data center business continues to exceed existing supply. AMD CEO Lisa Su stated in a recent earnings call that large cloud service providers are expanding EPYC deployments, with increased demand for AI accelerators and cabinets. The Instinct MI455X has been shipped in large quantities, and multiple cloud customers and computing power buyers have activated the first batch of Helios.

Developer Noah announced on November 9 that he has joined the Solana Foundation as the Head of Product Engineering, reporting directly to Vibhu. Noah has been working in development within the Solana ecosystem for over 5 years, previously participating in the migration of Helium to the Solana network and contributing to the development of tools such as StrataProtocol.Before joining the Solana Foundation, Noah worked for about 5 months at VelocityDEX, a decentralized trading platform in the Solana ecosystem, where he was involved in the relaunch of the platform after a security incident, which included protocol code restructuring, STRIDE implementation, and smart contract re-auditing. He also participated in the recovery efforts of Drift Protocol following a security incident.

Former Chainlink Head of Product Marketing Michael Robinson tweeted that he has joined the Monad Foundation and will be responsible for marketing-related work in the future. Michael Robinson worked at Chainlink from 2021 to 2026.

According to "Du Jia," JD.com is quietly testing an independent short drama product called "JD Drama Benefits Club," which adopts a free model. The product introduction describes it as a free short drama that supports watching dramas to receive benefits and discounts, with items featured in the dramas available for direct purchase and shipped by JD.com. "Du Jia" did not see any related e-commerce entry during the actual experience. The homepage features a "Recommended for You" section, with categories including Urban Daily, Mystery and Reasoning, God of War Returns, Rebirth, and Slapping Faces and Abusing Scum.The released episodes include "Seeing Old Friends at the Floating Lanterns" and "Hidden God," with the number of episodes ranging from dozens to hundreds, allowing users to scroll up and down to watch. The content page includes a "Watch Full Series" button and offers features such as favorites, viewing history, and speed adjustment. The product form is similar to mainstream short drama products on the market, with a more minimalist interface. The official introduction states it is a comprehensive collection of free short dramas, where watching dramas allows users to receive benefits and discounts, with items featured in the dramas available for direct purchase, shipped by JD.com.

During the quarter ending September 30, 2026, Bitcoin mining company HIVE Digital Technologies produced 1,070 Bitcoins, a 49% increase from 718 Bitcoins in the same period last year. However, affected by the decline in Bitcoin prices, its mining revenue decreased by 7.4% year-on-year to $76 million, while the average Bitcoin price fell from $114,382 to $71,003.As HIVE expands its global mining capacity, its electricity costs rose from $37.9 million to $45.6 million, and due to "weak mining economics," the company recorded a non-cash impairment of $31.2 million on mining machines. During the same period, the company's high-performance computing (HPC) hosting revenue grew by 71% to $8.8 million, accounting for 10.4% of quarterly revenue. HIVE plans to invest up to $493 million to expand its HPC business over the next 36 months, having already invested $145.3 million as of the report date, and plans to spend approximately $35 million to convert its Toronto facility into a Tier-III data center.The financial report shows that HIVE's revenue for the second fiscal quarter was $84.9 million, a year-on-year decrease of 2.7%, which was higher than the market expectation of $79.4 million; GAAP net loss was $78.7 million, or $0.29 per share. HIVE's Nasdaq stock price fell 1.7% to $1.78 after hours on Monday. HIVE's performance further indicates that Bitcoin mining economics are under pressure, with American Bitcoin reporting weakened mining margins last week, and Core Scientific planning to completely exit the mining business by the end of the year.

According to data from the official Injective node, the Injective mainnet has stopped producing blocks, with the latest block height remaining at 191,016,661, which was generated at 21:04 Beijing time.The South Korean cryptocurrency exchange Upbit announced that due to the interruption in block generation for Injective (INJ), it has suspended INJ deposits and withdrawals. Spot trading is not affected, and they will notify users through an announcement once the stability of deposits and withdrawals is confirmed. Another South Korean exchange, Coinone, also announced that due to network issues, it has suspended INJ deposits and withdrawals starting from 22:25 Beijing time, while trading and other services remain unaffected.

Polkadot ecosystem DeFi network Acala stated that after seven years of development, Acala and its sister network Karura located in Kusama are entering the final phase. Under the premise that Acala's referendum No. 195 and Karura's referendum No. 137 are passed, both networks will cease operations on February 10, 2027. After this date, Acala and Karura will no longer produce new blocks.Users need to withdraw DOT, KSM, and assets bridged from other chains, such as USDT and USDC, from Acala and Karura before February 10, 2027. LDOT unbonding requires 28 days and must be initiated before January 12, 2027; if LDOT is locked with a validator, an additional 28 days is needed for unlocking, which must be completed before December 16, 2026. LKSM unbonding requires 7 days and must be initiated before February 2, 2027.ACA and KAR are the native tokens of the two networks and cannot be withdrawn; they will remain on their respective chains. For external assets that have not been withdrawn before the deadline, the team will return them as much as possible; as a last resort, recoverable assets can be returned to the same account's address on the Polkadot or Kusama Asset Hub, but not all assets can be returned in this way. Acala was founded by Bryan, Ruitao, and Bette, who initially developed the synthetic assets and margin trading project Laminar, and later, at the invitation of the Web3 Foundation, built the Polkadot ecosystem stablecoin, evolving into Acala.

According to the Japan Economic News, Elon Musk's semiconductor factory plan Terafab has begun to advance, jointly developed by Tesla and SpaceX. The project team has explained the ordering plan to Japanese semiconductor manufacturing equipment manufacturers and is accelerating the preparation for factory production. The team responsible for equipment procurement has secretly visited Japan. Terafab's semiconductor production volume is about 40 times that of the Japanese chip manufacturer Rapidus. Some supplier executives have stated that Musk has become a topic of discussion in the semiconductor industry; there are also voices in the industry expressing confusion over his unconventional demands.