According to @KobeissiLetter, Elon Musk’s xAI is reportedly nearing a 20 billion dollar capital raise tied to Nvidia’s chips, with Nvidia itself among the investors in the xAI chip deal. Source: The Kobeissi Letter on X, Oct 7, 2025. The report explicitly links the funding to Nvidia chip procurement, indicating the raise is structured around access to Nvidia hardware, which is central to xAI’s build-out. Source: The Kobeissi Letter on X, Oct 7, 2025. The source does not mention any cryptocurrencies or tokens, and it provides no direct guidance on crypto market impact. Source: The Kobeissi Letter on X, Oct 7, 2025.

According to @KobeissiLetter, Oracle stock ORCL fell about 6 percent intraday after reports the company lost roughly 100 million dollars tied to rentals of Nvidia chips in the most recent quarter, source: @KobeissiLetter on X, Oct 7, 2025. The post notes the decline extended on the report and does not include additional financial details or official company confirmation, source: @KobeissiLetter on X, Oct 7, 2025. The source makes no mention of any cryptocurrency market impacts, source: @KobeissiLetter on X, Oct 7, 2025.

According to Milk Road, the escalating trade war between the US and China has resulted in increased tariffs and a ban on Nvidia chip exports. This move might significantly affect cryptocurrency mining operations and market dynamics, as Nvidia's chips are crucial for mining hardware. Traders should monitor these developments closely, as they could lead to shifts in mining costs and market supply for cryptocurrencies.