OpenAI CEO Sam Altman will meet with White House Chief of Staff Susie Wiles and other senior Trump administration officials this week to discuss AI policy and OpenAI's upcoming models. This visit coincides with the August 1 deadline set by President Trump for federal agencies to develop a framework to evaluate AI models, following an executive order signed in June. Altman is also engaging with lawmakers, including Senator Ted Cruz, to discuss America's competitiveness in AI. The meetings highlight the growing government focus on AI regulation and the U.S. position in the global AI race.
Nvidia and Eli Lilly both exceeded earnings expectations, but Nvidia's AI-driven data center growth offers a stronger long-term investment opportunity. Nvidia posted $96.22 billion in revenue, driven by AI infrastructure demand and supply constraints...
AMD shares rose 5% following a supply-chain report that the company plans a 10% price increase on AI accelerator chips, consumer graphics processors, and motherboard chipsets starting in Q4. The increase is linked to higher wafer costs from its found...
The Dividend Harvesting Portfolio underwent a major restructuring, exiting 20 positions to focus on higher-conviction stocks like NVDA, ORCL, SPYI, and GPIQ. Despite reducing the number of holdings, the portfolio retained nearly 90% of its forward an...
An investor continues to buy Nvidia shares despite concerns over China and a tech sector selloff because Nvidia's AI-related products remain in high demand and supply-constrained. Nvidia reported 105.85% year-over-year revenue growth, with management...
Despite market skepticism, semiconductor stocks, especially Nvidia and Broadcom, remain strong due to robust fundamentals and growing AI chip demand. Valuations are at multi-year lows even as industry earnings forecasts improve and compute capacity i...
