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Kin is a thriving community of apps, developers, content creators, and millions of active users who earn and spend Kin while participating directly in the value generated from their contributions, bolstering the Kin Ecosystem. Kin was originally launched by KIK Interactive, the developer of the instant messaging application KIK, in September 2017. Two years later, the KIK application was acquired by MEDIAlab.
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GF Hong Kong: AI Server PCB TAM Doubles in One Year to $29 Billion, Upstream Material Bottlenecks Persist Throughout 2027
According to TechFlow Research, GF Securities (Hong Kong)'s August 10 research report estimates that the AI server PCB TAM will expand from approximately USD 13 billion in 2026 to USD 29 billion in 2027. NVIDIA Vera Rubin shipments are expected to be approximately 10,000 racks before the end of the year and approximately 80,000 racks in 2027, with single GPU PCB value rising from USD 400 for GB200 to USD 750; Google TPU v8t/v8i will ramp up volume in 4Q26, with an expected 120,000 racks in 2027, and PCB value per unit ranging from USD 800 to 1000. The upstream E-glass supply gap is approximately 15%, and the HVLP4 copper foil gap is at least 400 tons/month; equipment orders are already booked until 2028, and capacity bottlenecks are expected to persist until the end of 2027. GF Hong Kong initiates coverage on Kin Chu Development, giving a Buy rating with a target price of NT$480, bullish on its HVLP4 copper foil scarcity premium. Meanwhile, it maintains Buy ratings for Zhen Ding (target price NT$729), Elite Material (NT$6538), and Kingboard Laminates (HK$60.8). Zhen Ding benefits from NVIDIA's market share increase and the ABF substrate cycle, Elite Material dominates the AI CCL market, and Kingboard benefits from the E-glass and FR-4 price hike cycle. GF believes that companies with scarce capacity and technical barriers will continue to gain pricing power.
Splyce Completes Strategic Funding Round, with Participation from the Sui Foundation and Others
DeFi protocol Splyce Finance has completed a strategic funding round, with investors including the Sui Foundation, Stellar Foundation, Solana Foundation, Lucid Drakes, Sarson Funds, and Kin Capital. The specific funding amount has not yet been disclosed.