FX.co ★ XRP under pressure, oil rises, Apple tests Chinese chips and TSMC hits a new revenue record

🌍 𝐗𝐑𝐏 𝐮𝐧𝐝𝐞𝐫 𝐩𝐫𝐞𝐬𝐬𝐮𝐫𝐞, 𝐨𝐢𝐥 𝐫𝐢𝐬𝐞𝐬, 𝐀𝐩𝐩𝐥𝐞 𝐭𝐞𝐬𝐭𝐬 𝐂𝐡𝐢𝐧𝐞𝐬𝐞 𝐜𝐡𝐢𝐩𝐬 𝐚𝐧𝐝 𝐓𝐒𝐌𝐂 𝐡𝐢𝐭𝐬 𝐚 𝐧𝐞𝐰 𝐫𝐞𝐯𝐞𝐧𝐮𝐞 𝐫𝐞𝐜𝐨𝐫𝐝 — 𝐭𝐫𝐚𝐝𝐞𝐫 𝐛𝐫𝐢𝐞𝐟

🪙 XRP remains under pressure: despite Ripple’s RLUSD stablecoin launch in Japan, XRP is trading near a 52-week low. RLUSD’s market capitalization has grown to around $1.7bn since its launch in late 2024.

🛢️ Oil climbs: Brent moved above $84 a barrel, while WTI traded around $79. Brent gained more than 5% over three trading sessions as uncertainty remains over a possible reopening of the shipping route through the Strait of Hormuz.

🍎 Apple seeks alternatives: the company is reportedly testing memory chips from Chinese manufacturer CXMT amid a global DRAM shortage. Rising demand from AI data centers is putting additional pressure on memory supplies and prices.

🟦 TSMC sets a new record: July revenue reached NT$467.58bn ($14.5bn), up 44.7% year-over-year. Revenue for the first seven months of 2026 rose 37%, supported by strong demand for advanced AI chips.

🔎 Trade takeaway: watch XRP and the Ripple ecosystem, Brent/WTI, Apple, TSMC and memory-chip makers — changes in chip supplies and developments around the Strait of Hormuz could drive further market volatility.

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