chips

According to Jin10, the Hang Seng Tech Index rose over 1%, the cryptocurrency concept strengthened, while concepts like chips and Apple showed weakness.

According to reports from multiple media outlets, Tesla CEO Elon Musk stated at the shareholders' meeting on Thursday that Tesla may have to build "a factory capable of producing up to 1 million chips per month" to manufacture artificial intelligence chips, and he openly considered the possibility of collaborating with Intel. Tesla is currently working with TSMC and Samsung, but Musk does not rule out the possibility of teaming up with Intel. He told the shareholders present: "Maybe we will collaborate with Intel. Although no agreements have been signed yet, it is worth discussing." Tesla is designing its fifth-generation artificial intelligence chip to advance its autonomous driving ambitions. (Jinshi)

Analyst Murphy stated that Bitcoin is approaching its fair value of approximately $98,000 after a recent decline. This value is calculated based on the historical average level of the MVRV metric, representing the central range of market valuation regression. The current BTC price has a very small gap from the average cost of active chips, indicating that the market bubble has almost been completely digested.Murphy pointed out that if the market remains rational, value buying should appear in this range; if it continues to decline, it may enter an irrational phase or a confidence collapse range. Data shows that the proportion of Bitcoin's profitable supply (PSIP) is 72%, which is at the extreme range of a bull market correction (70%--75%). If we exclude Satoshi and lost BTC, the proportion of underwater chips is close to 40%. Additionally, the proportion of long-term holders at a loss has significantly increased, indicating that the market may have entered a cyclical bottom range. Analysts believe that if this round of correction is not the extreme of a bull market adjustment, it may signal the beginning of a new bear cycle.

OpenAI has agreed to pay Amazon $38 billion for computing services in a 7-year deal, marking the first collaboration between the AI startup and the cloud computing giant.Amazon expects that all computing capacity will be available for OpenAI by the end of next year, allowing OpenAI to quickly access high-performance chips from Nvidia deployed in Amazon's data centers. Compared to contracts OpenAI has signed with other cloud giants, the scale of this deal is relatively small, but the partnership is of significant strategic importance for Amazon, representing a key first step in its efforts to benefit from the "AI computing power battle." To date, OpenAI has signed nearly $600 billion in new cloud service agreements with Oracle, Microsoft, and Amazon. Earlier this year, OpenAI also reached a cloud collaboration agreement with Google, although the specific amount has not been disclosed. OpenAI's projected revenue for this year is $13 billion.

ChainCatcher message, on-chain data analyst Murphy shares the market chip distribution by combining UTXO realized price distribution (URPD): Compared to yesterday's data, URPD added 53,000 BTC around $104,700, approaching the "extreme pullback range of $98,000 to $104,000," with traders waiting to "hit the ball" preparing to bottom fish.Yesterday's data showed that BTC chips loosened and cut losses at a high level ($117,000), and a new massive chip column was created at $112,000, indicating that a large amount of capital is bottom fishing here, accumulating a total of 614,000 BTC, which is currently the highest column in the entire chip structure. If BTC continues to oscillate downward, then based on the current chip structure, Murphy judges that "the extreme pullback range will occur between $98,000 and $104,000. Of course, the actual situation will be affected by macro policies, market sentiment, and unforeseen black swan events."

ChainCatcher message, on-chain data analyst Murphy shares the market chip distribution based on UTXO realized price distribution (URPD): at a high level ($117,000), chips are loosening and cutting losses; a new massive chip column has formed at $112,000, indicating that a large amount of capital is bottom-fishing here, accumulating a total of 614,000 BTC, which is currently the highest column in the entire chip structure.If BTC continues to fluctuate downward, based on the current chip structure, Murphy judges that "the extreme pullback range will occur between $98,000 and $104,000. Of course, the actual situation will be influenced by macro policies, market sentiment, and unforeseen black swan events."

ChainCatcher news, crypto analyst Willy Woo tweeted, "Why is Bitcoin's rise in this cycle so slow? The supply of Bitcoin is mainly concentrated in the hands of ancient whales, who peaked in their holdings around 2011. At that time, the price for buying Bitcoin was $10 or lower. Now, every time they sell 1 BTC, the market needs over $110,000 in new funds to absorb it.This difference in cost basis, the amount they hold, and the speed at which they sell has a profound impact on how much new capital is needed to push prices higher. This can be seen as the growing pains Bitcoin is experiencing until these investors, who have already seen a 10,000x return, are fully absorbed by the market."

ChainCatcher news, Amrita Ahuja, the Chief Financial Officer of Block, a crypto fintech company founded by Twitter co-founder Jack Dorsey, stated in an interview with CNBC that the company will launch new Bitcoin mining chips next week, aimed at optimizing the decentralized Bitcoin mining ecosystem.Months ago, Block revealed that it had completed the development of a 3-nanometer Bitcoin mining chip. In addition, Jack Dorsey also posted on the X platform "Next Week" along with an image of mining tools, suggesting that a new product will be launched on August 14.

ChainCatcher news, according to Yicai, in response to the serious security issues reported regarding NVIDIA's computing chips, NVIDIA stated: "Cybersecurity is critical to us. NVIDIA's chips do not have 'backdoors' and do not allow anyone remote access or control over these chips."

ChainCatcher news, recently, it has been revealed that NVIDIA's computing chips have serious security issues. Previously, U.S. lawmakers called for advanced chips exported from the U.S. to be equipped with "tracking and positioning" features.Experts in the U.S. artificial intelligence field disclosed that NVIDIA's "tracking and positioning" and "remote shutdown" technologies for computing chips have matured. To maintain the network security and data security of Chinese users, in accordance with the relevant provisions of the Cybersecurity Law, Data Security Law, and Personal Information Protection Law, the National Internet Information Office interviewed NVIDIA on July 31, 2025, requesting the company to explain the security risks of backdoor vulnerabilities in the H20 computing chips sold to China and submit relevant proof materials. (Jinshi)

ChainCatcher news, according to CCTV News, Nvidia founder and CEO Jensen Huang stated, "The U.S. government has approved our export license, and we can start shipping, so we will begin selling the H20 chip to the Chinese market. I am very much looking forward to shipping the H20 soon, and I am very happy about this; it's really, really good news. The second piece of news is that we will also release a new graphics card called RTX Pro. This graphics card is very important because it is specifically designed for computer graphics, digital twins, and artificial intelligence."

ChainCatcher news, according to CNBC, the U.S. Department of Commerce is conducting a national security investigation into the import of semiconductor technology and related downstream products. Official documents call for public comments on the investigation, further confirming that the chip and electronics supply chain will not be excluded from President Donald Trump's tariff plan, although Trump stated on Friday that many of these products are not subject to his "reciprocal tariffs."As part of the investigation, the U.S. Department of Commerce will examine the "feasibility of increasing domestic semiconductor capacity" to reduce reliance on imports, as well as whether additional trade measures, including tariffs, are "necessary to protect national security." The investigation covers a wide range of items, including chip components like silicon wafers, chip manufacturing equipment, and "downstream products containing semiconductors." Semiconductors play a role in nearly all types of modern electronic products, so this investigation has significant implications for Trump's global trade war aimed at boosting U.S. manufacturing.Despite granting exemptions for a range of electronic products, Trump and some of his officials indicated over the weekend that this exemption is only temporary and is part of a separate tariff plan for the industry.

ChainCatcher news, White House officials said that Trump stated that automobiles, steel, pharmaceuticals, chips, and other specific materials will be subject to specific tariffs to ensure that tariffs are implemented fairly and effectively. Trump will soon release a Section 232 study on semiconductors.Previously, a White House spokesperson stated that Trump made it clear that the United States cannot rely on China for critical technologies such as semiconductors, chips, smartphones, and laptops.

ChainCatcher news, according to NPR, sources revealed that the Trump administration may suspend the original plan to restrict the export of Nvidia H20 chips to our country. The H20 is the most advanced AI chip that American companies can legally sell to China. Previously, the Chinese tech company DeepSeek used the H20 to develop an AI chatbot, prompting U.S. lawmakers to call for stricter export controls.

ChainCatcher news, according to Jinshi reports, the chip company Rapidus, supported by the Japanese government, began testing the production of next-generation chips on Tuesday, marking a key early step for Japan in independently manufacturing artificial intelligence components.It is reported that Rapidus plans to adopt a 2-nanometer process for mass production of semiconductors by 2027, which will theoretically match TSMC in chip manufacturing capabilities. The company's CEO stated, "Developing 2nm technology and mass production is very difficult, and there will be more experiments in the future. We will gradually reduce the error rate step by step to gain the trust of our customers."