chips

Some high-end graphics cards, servers, and other products are gradually landing in JD's self-operated channels. According to JD's data, since May 14, the attention on "NVIDIA" H200 related chips and server workstation equipment launched on JD's platform has significantly increased, with the search volume for NVIDIA H200 related chips increasing 25 times year-on-year, and the search volume for NVIDIA H200 related servers and workstations increasing over 40 times year-on-year.

According to a report by Reuters, the United States has approved the sale of Nvidia H200 AI chips to about 10 Chinese companies, including Alibaba, Tencent, and ByteDance, but no chips have been delivered yet, and the related transactions are at a standstill.The report pointed out that Nvidia CEO Jensen Huang joined the delegation during President Trump's visit to China, trying to promote the sale of H200 chips in China. The U.S. Department of Commerce has also approved some distributors, such as Lenovo and Foxconn, to directly purchase and resell the chips. However, due to strict security, usage, revenue sharing, and legal restrictions imposed by the U.S. on H200 exports, there are conflicts with China's supply chain security policies, leading to stricter order approvals.

According to The Information, OpenAI plans to invest over $20 billion in servers powered by Cerebras chips over the next three years. It is reported that as part of the agreement, OpenAI will also acquire equity in Cerebras.Cerebras is known to be an American company specializing in AI chips and computing systems, primarily providing hardware and infrastructure for AI training and AI inference scenarios.

According to on-chain analyst Yu Jin (@EmberCN), after the SIREN market maker sold off dispersed chips at the beginning of the month, they have re-acquired the chips and increased their token control ratio to over 93%. There has been a resurgence of intense market operations, with SIREN recently rising by 185%, with the price rebounding from a previous low of $0.13 to $2.18.

Three sources revealed that Anthropic is exploring the possibility of designing its own chips. This plan is still in the early stages, and Anthropic may ultimately decide to only procure AI chips instead of designing them in-house. Another source indicated that Anthropic has not yet determined a specific design plan and has not yet assembled a dedicated team for the project.

Crypto analyst Murphy posted on the X platform reviewing the market dynamics of the past week. Monitoring shows unusual capital flows for Bitcoin: when BTC rebounded to $70,000-$71,000, a group of whale addresses (each holding over 1,000 BTC) sold 24,867 BTC and 17,818 BTC respectively. The average loss on the sold chips compared to their cost reached 50%, while the loss on the sold chips was less than 10%. Analysis shows that these chips originated from low purchases in May-July 2025 and early April, with part of them being sold off after significant losses, and another part being rotated out after precise bottom fishing.Strategy bought 22,337 BTC again on March 17, absorbing most of the excess supply. Nevertheless, this event reflects that market sentiment remains extremely fragile, and investors holding BTC for nearly a year are gradually losing patience. Future price rebounds may still trigger pressure from loss-making chips.

Musk stated that SpaceX AI and Tesla (TSLA.O) are expected to continue large-scale orders of NVIDIA (NVDA.O) chips.

According to market news, Nvidia will make a "significant" investment in the American AI startup Thinking Machines and provide AI chips.

According to Jinshi Data, sources say that Nvidia is preparing to launch a dedicated chip to shake up the competitive landscape of artificial intelligence computing. OpenAI is set to become one of the largest customers of Nvidia's new processor.

According to Glassnode data, approximately 11.1 million BTC are currently in profit (i.e., the purchase cost is lower than the current market price), while about 8.9 million BTC are in loss.As the gap between the two continues to narrow, the comparison of BTC supply in profit versus supply in loss is approaching a key convergence range that has historically occurred multiple times. This indicator measures the number of wallets currently in a paper profit state against the number of wallets in a loss state.When the two gradually tend to balance, it often corresponds to market phase bottom areas in history, regarded as an important signal for market capitulation and long-term positioning opportunities. If the profit and loss supply further converges, it may indicate that the market is entering a phase of constructing a historical cycle bottom, but it still requires a comprehensive judgment considering factors such as macro liquidity, derivatives structure, and market sentiment.

Bybit TradFi today launched three popular US stock CFDs: ASML, LRCX, and RIVN, covering high-end chip manufacturing, semiconductor equipment, and the new energy vehicle sector, helping users easily layout in the global market. At the same time, Bybit TradFi is offering a limited-time benefit, where new users can enjoy up to 5,030 USDT in welcome bonuses, unlocking exclusive rewards by depositing and trading.ASML: A global leader in photolithography machines, a core enterprise in the semiconductor industry chainLRCX (Lam Research): A leader in semiconductor equipment, benefiting from the continuous growth of chip manufacturingRIVN (Rivian): A new force in the US electric vehicle market, focusing on electric pickups and SUVsThe above US stocks can be traded on Bybit TradFi after the market opens. To date, the Bybit TradFi platform now supports over 200 traditional asset trades, covering gold, silver, popular indices, forex, and more US stocks, providing platform users with more comprehensive investment opportunities.

GameStop has transferred all of its 4,710 bitcoins to Coinbase Prime, sparking speculation in the market about its potential sale of bitcoin assets. The current value of this bitcoin is approximately $422 million. This transfer "likely indicates preparations for a sale." If sold at an approximate price of $90,800 per bitcoin, GameStop could realize a paper loss of about $76 million. Previously, GameStop purchased the aforementioned bitcoins in batches at an average price of $107,900 in May of this year. As of now, GameStop has not publicly responded to whether it will sell the bitcoins.

According to Jinshi reports, sources say that ARM, the artificial intelligence chip company under Baidu, plans to raise up to $2 billion in an IPO in Hong Kong.

Analyst Murphy posted an analysis on platform X, stating: "The ETF + DAT companies have absorbed a total of 12.05 million ETH selling pressure in this cycle. Without them, the price performance of ETH would certainly be much worse. The 'activity' of ancient chips held for over 5 years, with a cost below $400, is still very high. Especially when the price approaches or exceeds $4000. Currently, there are still 20 million of these chips, accounting for 17% of the total circulation; similarly, there are 3.79 million BTC chips with a cost below $1000, accounting for 18.9% of the total circulation; however, unlike ETH, among these, 1 million are Satoshi's, and most of the rest have been lost. Coupled with a higher community consensus, the 'chip activity' of these ancient BTC is significantly lower than that of ETH.I personally believe that based on the existing ETF + DAT configuration, if we can add some new narratives and innovations to strive to consume half of the remaining 20 million ancient chips, then the price of ETH is expected to usher in a qualitative leap."