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Trump Bids for Cut of Chip Revenue | Open Interest 8/11/2025
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August 11, 2025
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1:27:20Now PlayingGet a jump start on the US trading day with Matt Miller and Katie Greifeld on "Bloomberg Open Interest." Nvidia and AMD agreed to pay the US government 15% of their revenues from AI chip sales to China. Bitcoin is rallying from a confluence of reasons including the possibility of crypto being included in 401(k)s and an administration that’s favorable to the digital asset industry. Barrick Mining posted disappointing earnings and a $1B charge on its Mali mine, but the company’s CEO Mark Bristow tells Open Interest that the charge is a mere accounting adjustment.
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