According to The Kobeissi Letter, former President Donald Trump stated he had considered breaking up Nvidia (NVDA) to increase competition in the artificial intelligence (AI) sector but concluded it would be 'hard.' This revelation introduces a significant political and regulatory risk factor for dominant AI companies like Nvidia. For traders, this highlights potential future volatility not only in tech stocks but also in the burgeoning AI-related cryptocurrency sector, as regulatory scrutiny on major AI players could have a ripple effect on market sentiment and the valuation of AI tokens.

According to Taras Kulyk of Synteq Digital, U.S. tariffs on ASIC imports could increase costs for Bitcoin miners, potentially slowing the relative growth of U.S. hashrate which currently accounts for over 40% of global production. Kulyk stated that other factors like competition from AI data centers may further erode U.S. dominance, as countries like Pakistan and Ethiopia expand their mining capacities. Lauren Lin from Luxor Technology noted that miners are adapting by using secondary markets for cheaper rigs to avoid immediate tariff impacts, while Jeff LaBerge of Bitdeer emphasized that efficiency upgrades to newer machines are crucial for profitability, with a $4-6 billion annual market opportunity for such refreshes.

According to Taras Kulyk, CEO of Synteq Digital, new US tariffs on ASIC imports could slow the growth of Bitcoin mining in the US, potentially plateauing its hashrate dominance as global competitors like Pakistan and Ethiopia expand. Kulyk stated that AI data centers are increasing competition for resources, which may lead to miner consolidation or diversification into AI computing. Jeff LaBerge of Bitdeer added that miners are adapting by using secondary markets for cheaper rigs and focusing on efficiency upgrades to maintain profitability, with tariffs being a manageable variable rather than a prohibitive cost.

According to Taras Kulyk of Synteq Digital, U.S. tariffs on ASIC imports could increase Bitcoin mining costs and slow BTC hashrate growth in the U.S., potentially eroding its global dominance. Jeff LaBerge of Bitdeer noted that miners are adapting by using secondary markets for cheaper rigs, while ASIC manufacturers like Canaan are exploring U.S. partnerships to mitigate tariff impacts. Lauren Lin of Luxor Technology added that uncertainty remains as tariffs evolve, and competition from AI data centers may redirect mining investments, emphasizing efficiency upgrades for profitability.

According to CryptoMichNL, U.S. tariffs on imported ASICs could increase costs for Bitcoin miners by 10-50%, potentially slowing the growth of U.S. hashrate but not ending its dominance, as stated by Taras Kulyk, CEO of Synteq Digital. Kulyk noted that while the U.S. remains the largest global source of BTC hashrate, its growth may plateau due to expansion in countries like Pakistan and Ethiopia. Jeff LaBerge of Bitdeer emphasized that competition from AI data centers is a larger threat, diverting resources and pushing miners towards efficiency improvements, which could affect BTC supply dynamics and mining profitability.

According to CryptoMichNL, U.S. tariffs on ASIC imports could increase mining hardware costs by 10-50%, potentially slowing Bitcoin (BTC) hashrate growth in America without ending its dominance. Experts state this may erode U.S. hashrate expansion as miners adapt through secondary markets, while competition from AI data centers and limited ideal locations could have larger impacts on mining profitability and operational decisions.

According to The Kobeissi Letter, a recent Bank of America survey shows that 42% of respondents now view a global trade war as the most bearish factor for risk assets in 2025, surpassing January's 30%. This concern has overtaken the recent apprehension regarding AI competition from China (source: The Kobeissi Letter, March 4, 2025).