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via CryptoSlate · By CryptoSlate Editorial

AI’s power race is shifting leverage from chipmakers like NVIDIA to the grid

NVDA

NVDA/USDT

$195.33

-1.02%

$195.33

-1.02%

(24s)

24h Volume

$29,773,966.78

24h H/L

$198.69 / $194.19

Change: $4.50 (2.32%)

Funding Rate

+0.0390%

Longs pay

Data provided by COINOTAG DATALive data

NVDA

Daily

$195.33

▼ -1.53%

Volume (24h): -

Resistance Levels

Resistance 3$207.8978

Resistance 2$202.3902

Resistance 1$198.4255

Price$195.33

Support 1$192.8876

Support 2$188.5671

Support 3$179.8357

Pivot (PP):$196.07

Trend:Sideways

RSI (14):40.5

CryptoSlate Editorial

(02:05 PM UTC)

1 min read

Updated byJames Mitchell

1427 views

0 comments

AI has hit an electricity problem. Running it takes staggering amounts of power; demand in the US is climbing faster than the grid can keep up, and that's handing enormous leverage to the companies that generate and deliver it.

On June 2, the Electric Reliability Council of Texas voted to overhaul how it admits large power users to the grid, wading through a backlog of data centers, crypto mines…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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CryptoSlate Editorial · CryptoSlate

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