Stock Movers Coinbase Climbs Higher; Nvidia and AMD Drop; Lithium Market Pop
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Aug 11, 2025 The crypto market is buzzing as Coinbase rides the wave of Bitcoin nearing its all-time high. Meanwhile, Nvidia and AMD are facing challenges after agreeing to share 15% of their Chinese AI chip revenues with the U.S. government. In a more thrilling turn, the lithium market is surging as a major mine in China halts operations, raising eyebrows about potential further project suspensions. This has significant implications for the electric vehicle sector, sparking excitement among investors.
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Bitcoin Rally Lifts Crypto Equities
- Bitcoin moved near record highs and lifted cryptocurrency-exposed stocks across the board.
- Kriti Gupta notes names like MicroStrategy and other crypto stocks are rallying on that momentum.
Coinbase Leads Crypto Stock Moves
- Coinbase (COIN) jumped about 4% in premarket trading to roughly $323 a share.
- Kriti Gupta says Coinbase is the biggest crypto-related premarket mover and showed heavy volume.
Chipmakers Face Revenue Payout Reports
- Reports say NVIDIA and AMD agreed to give 15% of China AI-chip revenues to the U.S. government to secure export licenses.
- Kriti Gupta says the reports pressured NVDA and AMD shares and could ripple through the semiconductor index.