Kevin Warsh begins his tenure as Fed Chair facing inflation pressures driven by rising semiconductor prices, a trend reversed by the AI infrastructure boom. For decades, falling chip costs helped keep U.S. inflation low, but now producer prices for semiconductors are surging, exemplified by NVIDIA's 435% increase in rack costs. This inflation feeds into consumer goods, limiting Warsh's ability to cut rates without risking further inflation. With energy prices also rising and services inflation sticky, the Fed may need to maintain higher interest rates longer, impacting borrowers and businesses. Investors should prepare for a possible new inflation regime where cheap silicon is no longer a given.
U.S. stocks fell modestly midday Thursday as Treasury yields rose and crude oil prices climbed above $100 per barrel, driven by renewed geopolitical risks from Iran's hardened stance on uranium exports. Despite Nvidia's strong earnings report with re...
Nvidia reported better-than-expected Q1 earnings and raised revenue guidance, boosting its stock slightly in premarket trading. SpaceX filed its S-1 registration with the SEC, signaling an upcoming IPO and providing rare financial insights. U.S. stoc...
Nvidia, led by CEO Jensen Huang, is expanding beyond its core GPU business into the $200 billion central processing unit (CPU) market. The company introduced its first standalone AI CPU, called Vera, in March, marking its entry into a new segment. Nv...
NVIDIA reported a historic quarter with revenue up 85% year-over-year to $81.6 billion, beating estimates and driven by a 92% surge in Data Center sales. The company raised its dividend, approved an $80 billion buyback, and forecasted $91 billion rev...
Following Nvidia's earnings report, the previously crowded dispersion trade in the equity market is expected to unwind, leading to reduced single-stock volatility. This earnings season featured an unusually high spread between single-stock and index ...
