Nvidia CEO Jensen Huang stated that the company will prioritize U.S. national security over commercial opportunities, refusing to support or repair chips smuggled into countries with export restrictions like China. Despite U.S. export controls, Nvidia has produced China-specific chips but has yet to earn revenue from them. Huang highlighted Nvidia's strong AI growth, profitability, and plans to return 50% of free cash flow to investors. Shareholders approved executive pay and re-elected the board at the annual meeting.
Semiconductor stocks, including Nvidia, are currently in a bubble reminiscent of the dotcom era, driven by cyclical demand and circular deals that inflate AI industry profits. Hyperscalers fund AI startups, which then commit to large cloud purchases,...
Bitcoin's price has dropped from over $100,000 in 2025 to around $60,000 in 2026, signaling volatility and headwinds from new Fed policies. Despite this, Bitcoin-focused ETFs such as the State Street Galaxy Digital Asset Ecosystem ETF (DECO) have per...
Leveraged single-stock ETFs tied to stocks with limited tradable shares, like SpaceX, are causing amplified price swings, especially near market close, impacting broader tech stocks such as NVIDIA and Micron. This structural market effect is due to f...
South Korea's Kospi index fell nearly 10% due to foreign investors selling semiconductor stocks, causing circuit breakers to trigger. Analysts suggest the AI investment hype is shifting from major tech spenders like Microsoft, whose stock is down des...
OpenAI and Broadcom have unveiled their first custom-designed chip, Jalapeño, aimed at efficiently running AI technologies like ChatGPT. This milestone supports OpenAI's plan to deploy these chips in data centers worldwide, potentially consuming 10 g...
