Trump Proposes Lifting Global Chip Restrictions Amid AI Debate: Implications for Crypto and Tech Stocks
President Trump stated his intention to rescind global chip curbs as part of the ongoing debate over AI restrictions, according to the Financial Times. 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.
The semiconductor sector’s performance is closely tied to AI advancements, and this policy pivot could accelerate growth in AI infrastructure. Major chipmakers like NVIDIA and AMD saw stock surges following the announcement, with NVIDIA rising 3.2% to $148.50 and AMD increasing 2.8% to $156.30 within the same hour. Tokens related to AI, such as Render Token (RNDR) and Fetch.ai (FET), saw immediate price reactions, with RNDR jumping 5.7% to $5.82 and FET climbing 4.3% to $1.35.
Traders should monitor chip manufacturers and AI-linked cryptocurrencies for volatility and price movements following this announcement. The surge in NVIDIA and AMD stocks signals strong institutional interest in AI and semiconductor growth, which often translates to increased capital flow into AI-related cryptocurrencies. Trading volume for RNDR spiked by 28% to $120 million, while FET saw a 22% volume increase to $85 million.
Technical indicators support the bullish momentum for AI tokens. RNDR’s Relative Strength Index (RSI) moved from 55 to 62, indicating growing bullish momentum without entering overbought territory. FET displayed a similar trend, with RSI climbing to 60 and breaking above its 50-day moving average at $1.30. On-chain metrics show a 15% increase in RNDR wallet addresses holding over 1,000 tokens, suggesting accumulation by larger holders.
The correlation between stock market gains in tech and crypto price movements offers traders a unique window to exploit cross-market trends. Monitoring the Semiconductor Index (SOXX) alongside BTC and ETH volatility can provide early signals of risk appetite shifts. The broader impact on crypto-related stocks like Coinbase (COIN) reflects how policy changes in tech can bolster sentiment across digital asset ecosystems.
Traders should remain vigilant for policy updates and geopolitical developments that could alter this trajectory while leveraging technical tools and volume data to time entries and exits effectively.
