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