According to LuxAlgo, Elon Musk has publicly refuted recent reports that Oracle ($ORCL) is purchasing $40 billion worth of Nvidia ($NVDA) chips. This clarification directly affects trading sentiment for both NVDA and ORCL, as expectations around massive AI infrastructure investments are now being recalibrated. The news is likely to dampen short-term bullish momentum for Nvidia, a major player in AI chip manufacturing, and could shift trader focus to actual confirmed orders from data center clients. Crypto traders should note that reduced AI chip spending from major cloud players may slow the rollout of AI-driven blockchain integrations and decentralized compute infrastructure, which often rely on Nvidia hardware (Source: LuxAlgo via Twitter).