Nvidia Chief Executive Officer Jensen Huang said his company isn’t in active discussions to sell its Blackwell AI chips to Chinese firms, waving off speculation it’s trying to engineer a return to the world’s largest semiconductor market https://t.co/FHbf0vl9uW ...

Company Performance & Goals - Tesla investors approved a CEO performance award for Elon Musk valued at approximately $1 trillion, contingent on achieving ambitious targets [2] - Musk aims to increase Tesla's total stock value from $1.5 trillion to $8.5 trillion over the next 10 years [3][4] Production & Technology - Tesla plans to have 1 million robo taxis in operation and sell 1 million Optimus robots within the next decade [4] - Tesla is developing its own AI chips and a facility to produce them, instead of relying on external suppliers like Nvidia [7] - Tesla anticipates the cost to produce one Optimus robot to be around $20,000 once production reaches 1 million units per year [5] - Tesla is developing Optimus robots with plans for annual release cycles and significant improvements, aiming for Optimus 4 production in 2027 and Optimus 5 in 2028 [6] Future Vision - Tesla envisions Optimus robots and Tesla vehicles being used on Mars [9] - Tesla is exploring the potential of using Neuralink to gather data that may allow for human consciousness to be uploaded into a robot body [9] Competitive Landscape - A proposal to audit child labor in Tesla's supply chain and tie executive compensation to sustainability goals was voted down by investors [2] - Tesla's shareholder meeting occurred shortly after Chinese competitor Xpan held its AI day, showcasing driverless cars and a new humanoid robot [9]

Mr. . Secretary, if uh the Supreme Court were to to uh to go against the president on this, are you confident that uh another uh route can can be found to continue with the with the policy and not get into the morass of trying to be I don't I don't even know how it would work if you had to, you know, start reversing some of the uh what we've seen with with the tariffs. Yeah, Joe, there there are lots of other authorities that can be used, but AIPA is is by far the cleanest and it gives the US and the presid ...

Group 1 - Nvidia CEO Jensen Huang is optimistic about resuming sales of advanced chips in China, highlighting the need to address U.S. national security concerns [1][2] - Huang expressed hope for the sale of Nvidia's Blackwell AI chip in China, stating that the final decision rests with President Trump [2] - Huang emphasized the importance of the Chinese market, noting that China produces a significant amount of AI chips and has limited access to American chips [2][3] Group 2 - Nvidia announced a deal to supply over 260,000 AI chips to South Korea, including major corporations like Samsung and Hyundai [4] - Nvidia's stock has surged 46.63% year-to-date, closing at $202.81 [5]

Beleaguered chipmaker Intel, which has fallen badly behind rivals in the race to develop powerful AI chips, reported income of $4.1 billion for the third quarter https://t.co/Dvpr6EGdw2 ...

So another day, another deal that this time Nvidia seems to be in keeping with that. What do we know. According to our own reporting, this obviously is a Bloomberg scoop.Yeah, it's a Bloomberg scoop and it's been very well read today as well. So it tells you there's a lot of interest. Again, to your point, we've just seen deal after deal after deal being struck in the ai infrastructure space in particular.But what we've got from sources here is that so xAI we knew that were looking to do some fund raising. ...

Federal Reserve and Economic Indicators - Stephen Miran, the new Fed governor, will speak in New York, with Fed Chair Jerome Powell following on Tuesday, as markets await key inflation data on Friday [1][12] - A weak Personal Consumption Expenditures (PCE) report could increase the likelihood of another quarter-point rate cut in October, with Wall Street expecting September's PCE to show soft inflation [2][12] Gold and Cryptocurrency Market - Gold prices reached an all-time high of $3,750, driven by expectations of further Fed rate cuts before the end of 2025, while Bitcoin and other cryptocurrencies experienced significant declines, resulting in over $1.5 billion in losses for traders [3][11][12] Oracle Corporation Developments - Oracle's stock fell over 1% following the announcement of CEO Safra Catz's resignation, with the company appointing two new co-CEOs, Clay Magouyrk and Mike Sicilia, as part of a succession plan [5][13] - Earlier, Oracle shares rose due to news that the company will manage TikTok's algorithm in the US and store American user data, which is expected to positively impact Oracle's revenue from TikTok [7][13] Pfizer Acquisition - Pfizer announced its acquisition of Metsera, a weight-loss drug company, for $7.3 billion, with Metsera's stock soaring over 60% in premarket trading following the news [8][13] - Under the agreement, Pfizer will pay $47.50 per share for Metsera, valuing the company at $4.9 billion, with potential additional payments based on clinical and regulatory milestones [9][13] Market Sentiment and Upcoming Reports - Investors are closely monitoring Micron Technology's earnings report for insights into AI chip demand and Costco's results for consumer spending trends, alongside the University of Michigan's consumer sentiment index due Friday [10][13]

Key Concerns - Financial analysts are primarily concerned with the longevity of AI chips being installed in tech giants' data centers [1] Assets - The focus is on the assets of tech giants, particularly the AI chips in their data centers [1]

Key Industry Takeaways from Nvidia’s $5 Billion Investment in Intel1. Partnership Could Define and Accelerate the AI PC LandscapeFor Nvidia, developing its own Windows-on-ARM processors carries high uncertainty; for Intel, establishing a competitive edge in GPUs is difficult. Teaming up (CPU + GPU) could create powerful synergies and advantages across the PC ecosystem.2. Significant Synergistic Potential in x86 / Mid & Low-Range / Inference AI ServersA key trend ahead is enterprises building x86-based / mid ...

Core Viewpoint - Nvidia is facing increased pressure on its sales in China due to a reported ban by the Chinese government on its largest tech firms from purchasing Nvidia AI chips, specifically the RTX Pro 6000D, which was tailored for the Chinese market [2][3][7]. Group 1: Impact on Nvidia - Shares of Nvidia fell approximately 3% following the news of the ban, despite having risen about one-third earlier in the year [2]. - The Cyberspace Administration of China has instructed major companies like ByteDance and Alibaba to cease testing and orders of Nvidia's latest chip [3][7]. - Nvidia's CEO Jensen Huang expressed disappointment regarding the ban, indicating that the company remains patient and supportive of the Chinese market [5][6]. Group 2: Regulatory Context - The new ban is reportedly more stringent than previous guidance, which had focused on limiting the use of an earlier version of Nvidia's AI chip, the H20 [4]. - The Chinese government has concluded that domestic chips are now performing comparably to Nvidia's chips that are permitted under existing export controls [3][4]. - The ban follows accusations from China against Nvidia for antitrust violations, indicating a broader regulatory scrutiny [4].