US Senate Allegedly Passes GAIN Act, Sparking Debate Over AI Chip Boost

The US Senate is rumored to have passed the GAIN Act, potentially directing resources towards domestic artificial intelligence (AI) and high-performance computing (HPC) chip production. This move may significantly reshape the global semiconductor landscape, but its impact on cryptocurrency remains unclear as it lacks direct blockchain provisions. The alleged act’s potential effects are subject to further scrutiny as it awaits official confirmation.