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Why Trump’s Nvidia-AMD China deal matters far beyond the U.S.
Why Trump’s Nvidia-AMD China deal matters far beyond the U.S.

Share link:In this post: Trump’s 15% revenue deal with Nvidia and AMD lets U.S. AI chips flow to China, affecting global semiconductor trade. The agreement keeps American chipmakers in the Chinese market while pressuring rivals like Huawei. China faces a trade-off between security concerns and its need for U.S. chips to advance AI capabilities.

Cryptopolitan·2025/08/11 19:15
Kazakhstan busts $16 million crypto mining scheme
Kazakhstan busts $16 million crypto mining scheme

Share link:In this post: • Crypto miners use 50 MWh of power intended for other consumers. • Inflicted losses exceed $16 million, Kazakhstan’s financial watchdog estimates. • Kazakhstan is yet to solve problems with electricity shortages caused by mining boom.

Cryptopolitan·2025/08/11 19:15
Indonesia targets sovereign AI fund to boost sector amid regional competition
Indonesia targets sovereign AI fund to boost sector amid regional competition

Share link:In this post: Indonesia proposes sovereign AI fund to boost position as regional tech hub. A strategy paper outlines the roadmap for AI growth to 2030, pending public input. However, the plan faces hurdles including skills shortages, low research spend, and patchy internet.

Cryptopolitan·2025/08/11 19:15
Flash
22:04
US stock index futures edge higher, with Nasdaq futures up nearly 0.5%
US stock index futures edged higher, with Nasdaq futures up nearly 0.5%. The United States and Iran signed an electronic memorandum of understanding.
21:45
International oil prices showed an upward trend on June 17.
As of the close of the day, the price of light crude oil futures for July delivery on the New York Mercantile Exchange rose by $0.74 to close at $76.79 per barrel, an increase of 0.97%. The price of Brent crude oil futures for August delivery on the London market increased by $0.59 to close at $79.55 per barrel, a rise of 0.75%. This fluctuation reflects the combined impact of recent factors such as supply and demand in the crude oil market and international geopolitical situations on energy prices, and will also bring certain ripple effects on global energy consumption costs and the operation of related industrial chains.
21:42
The market has fully priced in that the Federal Reserve will raise interest rates twice by the end of the first quarter of 2027.
Jinse Finance reported that as of June 18, the market has fully priced in that the Federal Reserve will raise interest rates twice by the end of the first quarter of 2027.
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