David Woo, a former Bank of America global macro strategist, calls the US interim deal with Iran a historic strategic loss that undermines US credibility and hegemony. He warns that the dollar's strength relies heavily on the artificial intelligence (AI) boom, which is fragile due to rising regulation and competition. Woo highlights gold as a key indicator of US strategic defeat, noting recent forced selling by Gulf producers but expects a long-term rally, potentially reaching $10,000 if the AI bubble bursts. He also points to rising US debt and interest payments as worsening risks, urging investors to focus on capital preservation and consider buying gold during dips.
Nvidia is set to issue up to $20 billion in investment-grade corporate bonds, its first bond sale since 2021, according to an SEC filing and sources. The company plans to use the proceeds for general corporate purposes, including repaying and refinan...
Chip stocks like Nvidia, Broadcom, and Intel rose over 2% amid optimism from a tentative peace deal with Iran and increased semiconductor demand fueled by geopolitical tensions over AI development. Qualcomm and Marvell Technology saw even larger gain...
Chip stocks led a broad market rally on June 15, with AMD shares jumping 8% to a record near $558, pushing its market cap above $900 billion. The surge follows AMD's launch of the Ryzen AI Halo platform, priced competitively against NVIDIA's DGX Spar...
Nvidia has dominated the AI chip market with its GPUs, but major tech firms like Meta and Google are developing their own custom silicon to improve efficiency and reduce reliance on Nvidia. Despite this, Nvidia GPUs remain widely used, though the ris...
Semiconductor-related ETFs have seen extraordinary trading volumes, with half of the most-traded ETFs at one point linked to the sector. The Direxion Daily Semiconductor Bear 3X Shares ETF surged after a recent sell-off triggered by rising bond yield...
