These Asian Companies Are Gaining From the Bitcoin Boom

Bitcoin boom has boosted makers of chips and graphics cards
TSMC, Global Unichip, PC Partner, Gigabyte among beneficiaries

Bloomberg’s Justina Lee reports on bitcoin’s rally and the implications for Asian technology companies.(Source: Bloomberg)

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By Justina Lee

November 27, 2017 at 7:00 PM UTC

Updated on

November 28, 2017 at 9:43 AM UTC

This article is for subscribers only.

There’s more than one way for investors to ride the bitcoin wave.

With the cryptocurrency’s 936 percent rally this year increasing demand for the vast computing power used to verify bitcoin transactions, Asian technology stocks are emerging as major beneficiaries.