• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

U.S. Treasury Confirms No Funding for Nvidia

user avatar

by Giorgi Kostiuk

5 hours ago


U.S. Treasury Secretary Scott Bessent confirmed on August 27, 2025, that Nvidia will not receive government support, attributing this decision to the company's financial stability.

Decision on Nvidia Investment

U.S. Treasury Secretary Scott Bessent announced there are no plans for government investment or financial support for Nvidia. This announcement comes amid consistent assessments of Nvidia's financial strength. Bessent stated, 'I don't think Nvidia needs financial support. So, you know, that seems not on the table right now, but could there be other industries, where you know, that we're reshaping, something like shipbuilding. Sure. There could be things like that.' Intel received an $11 billion investment, highlighting a focus on strategic sectors.

Implications for the Cryptocurrency Market

The decision reflects no immediate impact on the cryptocurrency market since Nvidia is not linked to direct government assistance. The government's focus remains on sectors needing strategic intervention. Policy implications include a shift toward critical areas such as chip manufacturing and shipbuilding.

Long-term Technological Outcomes

No disruptions in the crypto market have arisen from this announcement. Nvidia's absence from the funding list does not signal any practical commodity movement, especially in blockchain-related industries. The government's attention on transforming industries suggests possible long-term technological outcomes with stable chip supply and manufacturing impacting AI-related crypto trends.

The U.S. Treasury's decision highlights Nvidia's financial stability and shifts attention to other strategic areas for future investments.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

KindlyMD Launches $5 Billion Stock Sale Program

chest

KindlyMD has announced plans to raise $5 billion to support its Bitcoin strategy following its merger with Nakamoto Holdings.

user avatarGiorgi Kostiuk

XPL and WLFI Prices on Hyperliquid Drop Amid Market Volatility

chest

XPL and WLFI prices on Hyperliquid have declined due to whale activity and market volatility.

user avatarGiorgi Kostiuk

XRP Futures: Record $1 Billion Open Interest in Just 3 Months

chest

CME Group announced that XRP futures have reached $1 billion in open interest just three months after trading began.

user avatarGiorgi Kostiuk

Paraguay Launches Tokenization of Innovation Valley through Polkadot Ecosystem

chest

The tokenization of the Innovation Valley project in Asunción will utilize the Polkadot ecosystem for enhanced transparency and automation.

user avatarGiorgi Kostiuk

Japan Considers Establishing a Strategic Bitcoin Reserve

chest

Samson Mow met with Japanese leaders to discuss Bitcoin's economic potential as a national asset.

user avatarGiorgi Kostiuk

Ethereum ETF: Growing Inflows Reinforce Institutional Confidence

chest

Ethereum ETF attracts $241 million, signaling strong institutional confidence in the cryptocurrency.

user avatarGiorgi Kostiuk

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.