According to The Kobeissi Letter, President Trump said he met with Intel’s CEO and that the CEO will bring suggestions to him next week. According to The Kobeissi Letter, the source suggests Intel (INTC) appears to be up next in trade negotiations with Trump. According to The Kobeissi Letter, market discussion now centers on whether Intel could face a company-specific trade deal, putting headline risk on the calendar for next week. According to The Kobeissi Letter, no terms or policy details were disclosed, so traders must anchor expectations to the stated timeline of Intel’s CEO delivering suggestions next week.

According to StockMKTNewz, Taiwan Semiconductor's (TSMC) CEO declared that all artificial intelligence customers are required to work with TSMC, underscoring the company's dominant position in advanced chip manufacturing (source: StockMKTNewz, June 3, 2025). This statement highlights TSMC's crucial role in supplying high-performance chips essential for AI-driven crypto mining hardware and blockchain infrastructure. Traders should note that TSMC's continued leadership in AI semiconductor production may influence the availability and efficiency of crypto mining devices, potentially affecting the price action of major cryptocurrencies dependent on advanced hardware.