According to @KobeissiLetter, President Trump stated that Nvidia and AMD were "negotiated down to 15%" on the chip export deal to China and described Nvidia’s H20 chip as "obsolete but still has a market" (source: The Kobeissi Letter on X, Aug 11, 2025). For traders, this headline serves as an immediate policy catalyst to track NVDA and AMD price action and liquidity as markets reassess China-bound AI chip flows and product mix risk (source: The Kobeissi Letter on X, Aug 11, 2025). Crypto market participants focused on the AI narrative can also monitor sentiment spillover to AI-related tokens given the linkage to AI compute supply headlines (source: The Kobeissi Letter on X, Aug 11, 2025).