According to @StockMKTNewz, Nvidia (NVDA) has told some of its component suppliers to suspend production work related to the H20, a chip tailored for the Chinese market, as reported by The Information (source: @StockMKTNewz; The Information). The report specifies the action concerns production work tied to the H20 line for China and indicates the instruction was directed at some suppliers rather than a full product cancellation (source: @StockMKTNewz; The Information). The item does not mention cryptocurrencies or digital assets, focusing solely on AI hardware supply developments for the China market (source: @StockMKTNewz; The Information).

According to @FinancialTimes, President Trump stated his intention to rescind global chip curbs as part of the ongoing debate over AI restrictions. This move could boost semiconductor supply chains and drive growth in AI and blockchain sectors, potentially increasing demand for crypto mining hardware and impacting prices of related tokens. Traders should monitor chip manufacturers and AI-linked cryptocurrencies for volatility and price movements following this announcement (source: Financial Times, 2024-06-12).