Bitcoin

The memory chip frenzy reflects a structural shift toward physical AI infrastructure investment as the Fed maintains hawkish policy, with Asian capital (15% of global crypto volume) pivoting from speculative assets to supply chain-critical hardware. This mirrors the 2021 semiconductor boom but with higher stakes as memory chip demand growth (30% YoY) now directly competes with crypto for institutional capital amid regulatory uncertainty.

Bloomberg's The China Show covered the memory chip frenzy gripping Asia.