BITPRISMIA
The UAE's deal to procure advanced AI chips from U.S. semiconductor companies like Nvidia has been stalled due to U.S. national security concerns, reflecting broader geopolitical tensions in the global tech race.
Nvidia's decision to resume H20 AI chip sales to China, alongside AMD's similar plans, highlights the strategic navigation of U.S. export controls and the geopolitical significance of rare earth elements in the US-China trade relationship.
Nvidia is set to resume sales of its H20 AI chips to China after navigating U.S. export controls, highlighting the balance between geopolitical tensions and commercial interests in the AI technology sector.
Bitcoin has surpassed Amazon's market capitalization, reaching $2.43 trillion, driven by institutional investments and ETF inflows, while its supply on exchanges continues to decline.
Bitcoin has become the world's fifth most valuable asset, surpassing Amazon, with a market capitalization of $2.360 trillion, and is recognized as the best-performing asset in 2025.
Bitcoin and Nvidia both achieved significant milestones on July 9, highlighting the increasing convergence between cryptocurrency and traditional equity markets, with Bitcoin's trading volume surpassing Nvidia's despite Nvidia reaching a $4 trillion market cap.
Nvidia is developing new AI chips tailored for the Chinese market to comply with US export controls, which could sustain China's AI development pace and encourage local innovation while navigating geopolitical tensions.
Nvidia's historic $4 trillion market cap rally may have influenced Bitcoin's price breakout, while Australia advances its CBDC initiative and global markets show mixed reactions.