π’ AI demand has pushed Chinaβs semiconductor exports sharply higher, jumping 111% year-on-year to a record $36B in May, the strongest annual growth in 13 years.
π’ U.S. spot Bitcoin ETFs recorded a record $1.79 billion in weekly net outflows, with BlackRockβs IBIT accounting for approximately $1.3 billion of the total.
π’ U.S. spending on data center construction has climbed to $50 billion, now surpassing the combined investment in airports, ports, and mass transit, according to Bloomberg.