美國對NVIDIA芯片的出口鎮壓威脅AI代幣生態系統

在芯片製造商NVIDIA最近警告有關與新美國政府出口限制有關的金融損失後，以AI為中心的加密貨幣再次受到壓力。

U.S. export restrictions on Nvidia chips threaten AI token ecosystem

美國對NVIDIA芯片的出口限制威脅AI代幣生態系統

The cryptocurrency market is bracing for more volatility, particularly in the AI sector, following a recent warning from chipmaker Nvidia about looming financial losses tied to new U.S. government export restrictions.

加密貨幣市場正在為更多的波動率提供了支撐，尤其是在AI行業，此前芯片製造商NVIDIA最近警告說，與新美國政府出口限制有關的財務損失迫在眉睫。

In a disclosure filed on Friday, April 14, Nvidia anticipates approximately $5.5 billion in revenue to be excluded from its first-quarter earnings report for its fiscal year 2026.

在4月14日星期五提交的披露中，NVIDIA預計將在其2026財政年度的第一季度收益報告中排除約55億美元的收入。

The reason? Washington is now requiring Nvidia to obtain special licenses to sell its advanced AI chips—part of the H20 series—to China, Hong Kong, and Macau.

原因？華盛頓現在要求NVIDIA獲得特殊許可，將其先進的AI芯片（部分H20系列）出售給中國，香港和澳門。

These rules, recently imposed by the Biden administration, are part of a broader crackdown on U.S. technology exports to China. The goal is to prevent advanced AI chips from being used to power supercomputers or AI models that could pose a threat to national security.

這些規則最近由拜登政府施加，是對美國技術向中國出口的更廣泛鎮壓的一部分。目的是防止先進的AI芯片被用於為可能對國家安全構成威脅的超級計算機或AI模型。

Nvidia H20 chips are used by Chinese firm DeepSeek to develop its own large language models, according to The Wall Street Journal, which sparked concerns among lawmakers in early April.

根據《華爾街日報》的報導，中國公司DeepSeek使用了NVIDIA H20芯片來開發自己的大型語言模型，該雜誌在4月初引起了立法者的關注。

Nvidia stock drops, AI tokens follow

NVIDIA股票下降，AI令牌跟隨

Nvidia’s announcement triggered an immediate market reaction. Its stock (NVDA) fell by 10.3% in after-hours trading on Tuesday, sliding to $88. Year-to-date, Nvidia is now down by around 32.45%, reflecting the growing uncertainty over its China-related business.

NVIDIA的公告引發了直接的市場反應。它的股票（NVDA）在周二的下班後交易中下跌了10.3％，下跌至88美元。 Y年至今，NVIDIA現在下降了約32.45％，這反映了與中國相關業務的不確定性日益嚴重。

The selloff was part of a broader downturn in tech stocks, which are also reeling from the impact of Trump’s renewed tariff policies. Notable declines include:

拋售是科技股票的更廣泛低迷的一部分，這也是由於特朗普更新的關稅政策的影響而引起的。顯著下降包括：

Adding to Nvidia’s bearish outlook, technical analysts observed a “death cross” pattern on the NVDA/USD daily chart—where the 50-day moving average dips below the 200-day average.

除了NVIDIA的看跌前景外，技術分析師在NVDA/USD每日圖表上觀察到了“死亡交叉”模式，這是50天移動平均水平低於200天平均水平。

Historically, this occurrence has often preceded major downtrends, such as the one in April 2022, when Nvidia’s stock experienced a nearly 50% decline within six months.

從歷史上看，這種情況通常是在重大下降趨勢之前，例如2022年4月的一次，當時Nvidia的股票在六個月內經歷了近50％的下降。

Why AI crypto tokens are reacting

為什麼AI加密令牌反應

The ripple effects have hit the AI crypto market hard, since many of these tokens are built on infrastructure powered by Nvidia hardware. Whenever Nvidia faces setbacks, its inability to sell chips to major crypto mining hubs like Hong Kong and mainland China usually pushes AI token sentiment into bearish territory.

連鎖反應勢在必行，因為這些令牌中的許多是建立在由NVIDIA硬件提供支持的基礎架構上的，因為其中許多代幣。每當NVIDIA面臨挫折時，它都無法將籌碼出售給香港和中國大陸等主要加密礦山樞紐，通常將AI代幣的情緒推向看跌領土。

This trend isn’t new. In December, when China launched an antitrust investigation into Nvidia, the AI crypto market cap plunged over 14% in just one day. Similarly, bullish runs in Nvidia stock have historically lifted the value of AI tokens.

這種趨勢並不新鮮。去年12月，當中國對NVIDIA進行反托拉斯調查時，AI加密市政上限在短短一天內就跌落了14％以上。同樣，在NVIDIA股票中，看漲的股票也取消了AI令牌的價值。

Now, with Nvidia’s export challenges, AI-related tokens are seeing renewed weakness. Over the past 24 hours alone:

現在，隨著NVIDIA的出口挑戰，與AI相關的令牌正在看到弱點。僅在過去的24小時中：

Current snapshot of top AI tokens

當前AI代幣的快照

Here’s how leading AI-focused tokens are performing amid the latest Nvidia turmoil:

這是最新的Nvidia Turmoil中，以AI為註重的代幣的表現方式：

1. NEAR Protocol (NEAR)

1。近協議（近）

2. Internet Computer (ICP)

2。互聯網計算機（ICP）

3. Bittensor (TAO)

3。比廷森（Tao）

4. Render (RNDR)

4。渲染（RNDR）

5. Filecoin (FIL)

5。絲幣（in）

Outlook: More volatility ahead?

展望：未來更多的波動性？

As geopolitical tensions around AI technology escalate, and export restrictions come into play, investors can expect more turbulence in the crypto market.

隨著AI技術圍繞AI技術的地緣政治緊張局勢升級，出口限制也會發揮作用，投資者可以期望加密貨幣市場的動盪更大。

With Nvidia at the heart of the AI hardware ecosystem, any policy shift or supply constraint could directly impact sentiment and price movements across related crypto assets.

由於NVIDIA是AI硬件生態系統的核心，任何政策轉變或供應限制都可能直接影響相關加密資產的情緒和價格變動。

Investors may want to keep a close eye on both Washington’s export policy and Nvidia’s quarterly earnings moving forward, as these will likely set the tone for the next AI token cycle.

投資者可能希望密切關注華盛頓的出口政策和NVIDIA的季度收益前進，因為這些可能會為下一個AI代幣週期定下基調。