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According to Beating AI news, OpenAI has privately expressed support to U.S. lawmakers this week for three bills aimed at limiting China's access to advanced AI chips and manufacturing equipment. This is not the first time OpenAI has supported chip restrictions against China. Last year, the company advocated for limiting U.S. companies from selling high-end chips to China but later stopped pushing Congress for stricter measures. OpenAI's leadership has been concerned that publicly supporting tighter chip export restrictions to China would anger Jensen Huang and damage their partnership with NVIDIA.OpenAI has a close relationship with NVIDIA. NVIDIA not only supplies GPUs but also supports OpenAI's data center construction through substantial financing guarantees. Jensen Huang has long lobbied Washington for a relaxation of chip sales restrictions to China. The stance of AI company Anthropic has been more pronounced. In September of this year, the company directly withdrew from an industry association in opposition to the association's obstruction of chip regulation bills.The three bills supported by OpenAI require strengthening chip tracking, limiting the supply of chip manufacturing equipment to China, and increasing congressional scrutiny of sensitive chip export licenses. Jensen Huang resigned on November 12, impacting NVIDIA's lobbying influence in Washington. Bipartisan lawmakers are working to incorporate these restrictions into the year-end National Defense Authorization Act.

According to a report released by ChannelGate, a public account under BoBanTang, starting from the fourth quarter of 2026, AMD's supply of gaming graphics cards for the Chinese market will decrease by approximately 20% to 50%, and the supply tightness may continue until January next year. The report states that the number of GPUs that AMD's authorized graphics card partners can obtain each month is also decreasing, with specific supply quantities being uncertain.The related news involves AMD's supply arrangements for gaming graphics cards in the Chinese region for the fourth quarter of 2026. Starting in October, the AMD chips available to relevant graphics card manufacturers have significantly contracted, and the specific number of chips they can obtain each month is unstable. Channel sources also indicate that the scarcity of AMD graphics cards may be approaching that of NVIDIA graphics cards, with some graphics card manufacturers receiving very limited quantities of gaming GPUs.Manufacturers such as ASUS, Sapphire, and ASRock need to obtain GPU chips, along with memory, circuit boards, and coolers to produce retail graphics cards. In addition to chip supply, there have been previous reports in the industry chain that AMD may adjust the supply prices to partners based on the costs of GPU chips and memory kits. The final retail price of graphics cards is also influenced by manufacturers' inventory, specific models, channel pricing, and market demand.

The official website of NVIDIA has updated the management profile page, with interim CEO Colette Kress listed first, while Jensen Huang is placed in the "Founder" section.Jensen Huang's personal profile page has also been updated, mentioning that he founded NVIDIA in 1993 and previously served as the president and CEO of NVIDIA, as well as a board member.

According to foreign media reports, on November 12 local time, NVIDIA CEO Jensen Huang will lose approximately $108 million in unvested equity awards after his departure. According to the Bloomberg Billionaires Index, this award accounts for about 0.07% of his personal net worth.The report pointed out that according to NVIDIA's equity compensation policy, unvested restricted stock units will be forfeited when executives leave. Jensen Huang currently holds about 346,000 such units.

Analyst Jukan posted on platform X, stating that Nvidia chips are currently still in short supply, but to maintain the premium for chip scarcity, the company needs to continue supporting emerging cloud service providers (Neocloud). If the new CEO adopts a more cautious attitude towards this business model, it may lead to pressure on GPU spot prices, a decline in cloud service providers' profit margins, and prompt them to turn to alternatives such as AMD or Google TPU, thereby weakening Nvidia's market dominance and supply chain control.Jukan stated that Jensen Huang has been working hard to maintain Nvidia's growth flywheel, which not only helps to expand chip demand but also ensures the computing power utilization of emerging cloud service providers. Huang originally hoped to gradually let go once the emerging cloud service providers could independently order the next generation of GPUs, but it is currently uncertain whether the successor CEO is willing to wait.

UPBIT will launch Sanctum (SANC) trading on November 13 at 13:00, supporting KRW, BTC, and USDT markets. Users must complete their deposits within 1 hour after the announcement is made, and the trading support time may be delayed due to insufficient liquidity.

The New York Federal Reserve report confirms that the U.S. Treasury used approximately 500 million euros equivalent during the coordinated intervention in the foreign exchange market with Japan on July 31. The New York Federal Reserve purchased 79.4 billion yen and sold euros from the "Exchange Rate Stability Fund."This action aimed to address the disorderly fluctuations of the yen exchange rate. The Federal Reserve did not participate in this intervention.

ChainCatcher reports, according to RootData market data, Nikkei 225 intraday: 61720.02 points, today's open: 61223.41 points, up 0.8%.

According to a report by Crypto Briefing, Grayscale's research indicates that the correlation between crypto assets and Bitcoin is decreasing, with Bitcoin currently explaining only about 50% of the return volatility across various crypto sectors.The report breaks down the annualized volatility and the impact of Bitcoin-related factors by sector: the annualized volatility of the currency sector is 49%, with 43% attributed to Bitcoin; the annualized volatility of the smart contract platform sector is 58%, with 38% attributed to Bitcoin; the annualized volatility of the finance sector is 59%, with 30% attributed to Bitcoin; the annualized volatility of the utilities and services sector is 67%, with 30% attributed to Bitcoin; the annualized volatility of the consumer and culture sector is 76%, with 46% attributed to Bitcoin; the artificial intelligence sector has the highest annualized volatility at 85%, with only 35% attributed to Bitcoin.The research points out that Bitcoin's own annualized volatility has recently been around 43%, while the volatility of all sectors tracked by Grayscale is higher than that of Bitcoin. The report suggests that lower correlation does not imply lower risk, but the fact that Bitcoin explains only half of the return volatility means that the other half is driven by factors specific to each sector, providing investors with a reference for assessing which sectors can offer true diversification.

ChainCatcher reports, according to RootData market data, Nikkei 225 at the open: 61223.41 points, previous close: 60819.36 points, up 0.7%.

According to "Du Jia," Xiaohongshu is currently testing an independent app called "Dada," positioned as an AI partner community platform. Users can create and share domain agents (referred to as "partners") through a low-code approach. Currently, dozens of partners have been launched in areas such as design aesthetics and job hunting, supporting text and image conversations.Unlike products that focus on autonomous cross-application task execution, Dada downplays the AI's autonomous action capabilities and instead enhances the transmission of experience between people: AI serves as a container, with the underlying professional logic encapsulated by the creator. Users can transform their personal methodologies into reusable, deliverable AI personas. The product also opens up group chat capabilities, allowing users to pull partners into conversations as group members, participate in multi-person discussions, and supports one-click sharing of invitation links to WeChat. After binding their Xiaohongshu account, partners can read public profile information to provide answers that better align with personal preferences. The product is still in the testing phase, and its specific form will be subject to official announcements.

Noel Walsh, head of Microsoft's Cloud Operations and Innovation department, stated that the company will bear the electricity costs associated with the expansion of data centers, without relying on government subsidies or passing costs onto other electricity consumers. Microsoft plans to invest $117 billion this year in building AI and cloud service computing power.Microsoft is collaborating with Chevron and investment firm Engine No. 1 to advance the large data center and supporting power project Project Kilby in West Texas. The project was previously affected by a local data center approval suspension but is still scheduled to begin construction in 2028 and fully operate by 2031. Chevron stated that the project will create jobs and stabilize tax revenue for the local area; Microsoft indicated that data center construction must bring net benefits to the community where it is located, or it will be difficult to continue.

ChainCatcher reports, according to RootData market data, South Korea KOSPI Composite at the open: 5452.41 points, previous close: 5342.73 points, up 2.1%.

ChainCatcher reports, according to RootData market data, US stocks after-hours chip stocks up: MRVL.O up 2.5%, MU.O up 1.8%, ARM.O up 1.7%, KLAC.O up 1.6%, LRCX.O up 1.4%, QCOM.O up 1.3%, INTC.O up 1.3%, TSM.N up 1.1%.

According to Catcher Predict monitoring, in the market prediction on Polymarket for the event "WTA Finals Group A: Jessica Pegula vs. Linda Noskova," the sub-market "WTA Finals Group A: Jessica Pegula vs. Linda Noskova" has seen the winning probability for the option "Jessica Pegula" fluctuate dramatically, rising from 46.5% an hour ago to the current 87.5% (a fluctuation of 41%). Please note the impact of related breaking news.

Aave posted on platform X that the loan exchange feature is now live on Aave Pro's Aave V4 Ethereum, Base, and Avalanche markets. Users can exchange loans from one asset to another without closing their positions, and this feature is supported by @CoWSwap.

Injective announced on the X platform that the Injective Veyra mainnet upgrade is now open for voting. This is the last major upgrade for Injective in 2026, which will introduce institutional-grade RWA infrastructure, expand enterprise gateways, and lay the foundation for native privacy through CypherOS.

SpaceX plans to invest over 24 billion dollars in the Rio Grande Valley for the construction of new supercomputing infrastructure.

The founder of Liebit Mining Pool, Jiang Zhuoer, posted on the X platform stating that BTC has fallen below the Fibonacci 50% retracement level of the previous upward trend ($72,600). The next level to watch is the 61.8% retracement level ($69,100), and it is necessary to observe whether BTC can rebound before falling to $70,000.In addition, he mentioned plans to look for opportunities to close the hedge short position established around $73,000 in BTC.

On August 21 of this year, U.S. President Trump submitted documents declaring the sale of up to 1 million dollars worth of Nvidia (NVDA) stock.Since the date of this declaration, Nvidia's stock price has fallen by a total of 29%, currently reported at 160.64 dollars.