"Circle, which issues USDC, earns reserve income from investing the fiat reserves that back the stablecoin." - This statement makes Circle sound like a bank [Happy]  

I have a feeling the TPU is only for the data centres META is building right now. I guess that's where all the CAPEX is going.  I watched a documentary once, TPUs are only good at doing the one thing it was built for, it's also very energy efficient making it excellent for data centres. I personally don't think this will undermine Nvidia's dominance in the sector, but it could be the start of it.

Thanks for warning us about the meme stocks decline bro. You the real MVP!