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Nvidia delays next gen AI chip as investors issue ‘bubble’ warning

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Nvidia has announced a delay in the launch of its highly anticipated next-generation AI chip, a move that has sparked concern among investors and raised warnings about potential market bubbles.

The tech giant had initially planned to release the new chip, which promises significant advancements in artificial intelligence performance, later this year. However, Nvidia revealed that technical challenges and development setbacks will push the release date back to early 2025. This delay comes as a blow to the tech sector, where the chip was expected to set new standards in AI capabilities.

In response to the announcement, investors have expressed growing apprehension about the broader implications for the AI and semiconductor markets. Some analysts are cautioning that the delay could exacerbate current market volatility and fuel speculation of an emerging bubble. “The postponement underscores the volatility inherent in the tech sector and raises questions about the sustainability of current valuations,” said David Klein, an investment analyst at Quantum Research.

The anticipated AI chip was designed to offer unprecedented performance enhancements, driving advancements across various sectors, including data centers, autonomous vehicles, and high-performance computing. Nvidia’s decision to delay the launch could impact companies that rely on cutting-edge AI technology for their products and services.

Nvidia’s stock experienced a noticeable decline following the announcement, reflecting investor unease and heightened scrutiny of the company’s roadmap. Despite the setback, Nvidia remains optimistic about overcoming the development hurdles and delivering a product that will reshape the AI landscape.

The delay also comes amid a broader discussion about the tech industry’s rapid growth and potential overvaluation. As the AI market continues to expand, concerns about market stability and the risk of speculative bubbles have become more pronounced. Industry experts are urging stakeholders to carefully consider the long-term implications of such delays and the potential impact on investment strategies.

Nvidia has pledged to provide further updates on the development progress and revised timeline. The company’s focus remains on ensuring that the next-generation chip meets its high-performance standards before its eventual release.

As the tech world watches closely, the situation highlights the ongoing challenges and uncertainties within the fast-evolving AI sector. Investors and industry observers alike will be keenly monitoring Nvidia’s progress and the broader market’s response in the coming months.

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US lawmakers advance anti-CBDC bill

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U.S. lawmakers have voted to advance a bill aimed at blocking the Federal Reserve from issuing a central bank digital currency (CBDC), marking a major step in the political pushback against the development of a digital dollar.

The bill, which passed through the House Financial Services Committee, would prohibit the Fed from directly offering accounts or issuing a CBDC to individuals, citing concerns over surveillance, privacy, and government overreach.

Supporters of the legislation argue that a digital dollar could pose significant risks to civil liberties, enabling real-time tracking of consumer transactions and expanding federal control over personal finances. They view the bill as a safeguard against what they describe as a “surveillance-style” monetary system.

Opponents of the bill, however, argue that restricting CBDC development could hinder U.S. innovation and global competitiveness in the evolving digital financial landscape.

The legislation now moves closer to a potential floor vote in Congress. Its progress underscores growing ideological divisions over the future of money in the United States, with CBDCs emerging as a new front in the broader debate over digital governance, financial freedom, and the role of government in the digital age.

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Gemini to open Miami office after judge stays SEC case

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Crypto exchange Gemini has opened a new office in Miami, reinforcing its commitment to expanding operations despite pausing its plans for an initial public offering (IPO) amid a continuing legal battle with the U.S. Securities and Exchange Commission (SEC).

The Miami office signals the company’s long-term vision for growth in key U.S. markets, even as regulatory uncertainty clouds the broader crypto landscape. The expansion comes at a time when Gemini is facing heightened scrutiny from the SEC over its Earn program, which the regulator alleges involved unregistered securities.

While the IPO remains on hold, Gemini continues to strengthen its infrastructure and team, focusing on user growth, compliance, and regional outreach. The Miami hub is expected to play a strategic role in those efforts, leveraging the city’s growing status as a U.S. crypto hotspot.

Co-founders Cameron and Tyler Winklevoss remain vocal about the need for clear regulatory frameworks and have emphasized that Gemini will continue to fight for fair treatment while building responsibly in the U.S. and abroad.

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Coinbase Institutional files for XRP futures trading with CFTC

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Coinbase Institutional has officially filed with the U.S. Commodity Futures Trading Commission (CFTC) to offer XRP futures trading, marking a significant move toward expanding institutional access to Ripple’s native token.

The filing, submitted through Coinbase Derivatives, signals the exchange’s intent to list XRP futures contracts in a regulated environment. If approved, it would allow institutional investors to gain exposure to XRP through derivative products, a key step in broadening the token’s presence in traditional financial markets.

This development comes amid a gradually improving regulatory climate for XRP, following a partial legal victory for Ripple in its ongoing case with the U.S. Securities and Exchange Commission (SEC). The outcome gave XRP a degree of legal clarity, opening the door for exchanges and financial institutions to re-engage with the asset.

Coinbase’s push to expand its derivatives offerings also aligns with its strategy to build a more robust institutional platform. Approval from the CFTC would position the exchange to capitalize on growing demand for regulated crypto investment vehicles.

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