$NVDA CEO Jensen Huang says “all of this is going to pass” because AI is still at beginning of transforming nearly every industry.
I think that’s what people are overlooking because higher rates are making AI infrastructure more expensive to finance without changing the actual demand for compute.
🇺🇸 Senator Elizabeth Warren has repeatedly stated that cryptocurrency is used for money laundering and to avoid sanctions.
Today, the US government fined Bank of America $1.2 billion for violating money laundering regulations and sanctions laws.
Elon Musk says $MU has been “reasonable” on future memory pricing while others have been “extortionate” and that customers won’t forget how they were treated.
Micron could turn that goodwill into longer contracts and more market share when supply eventually loosens.
$AMD CEO Lisa Su says CPU demand could “grow at approximately 50% CAGR” to over $200B by 2030 after raising her forecast three times in nine months as AI agents create entirely new demand for server processors.
If AMD captures the 50%+ market share Su is targeting the. EPYC alone could become a $100B+ business by 2030 with $TSM wafer capacity essentially determining how quickly it gets there.
$NVDA is reportedly exploring a ~$25B acquisition of Reflection AI with the startup already committed to ~$7.3B of compute through $SPCX and $NBIS.
What makes this interesting is Nvidia could own open model layer on top of CUDA keeping more enterprise and sovereign AI workloads running on its hardware as Chinese models gain ground.
$GOOGL launched Gemini Agent which is a universal enterprise agent that completes work across documents, email and business systems while routing each task to most cost effective model.
Google is now competing with $MSFT, $META and OpenAI to own front door to enterprise work.
LATEST: 🇺🇸 The US government moved $470M in BTC, WBTC and USDT to what are likely Coinbase Prime deposit addresses, including Bitcoin previously seized from the Bitfinex hacker and Alameda Research, per Arkham.
FIRST ON FOX: President Trump will award Elon Musk the National Medal of Science at the White House Thursday.
Musk will be honored alongside Google co-founder Sergey Brin, Nvidia CEO Jensen Huang and AMD CEO Lisa Su. Michael Dell and Microsoft CEO Satya Nadella will receive the National Medal of Technology and Innovation.
The ceremony marks Trump’s first time presenting the awards during either of his administrations and another step in Musk’s return to Trump’s orbit following their public feud.
Read more about the honors here:
https://t.co/WcIMWcGfiz
Starlink Mobile (direct-to-cell) V2 satellites are incredible.
This @SpaceX constellation will enable more than 100 times the bandwidth of our current V1 system!
BREAKING: 🇺🇸 President Trump just announced that the US Treasury will buy $1,000 of stocks for every baby born from 2025 to 2028.
That means about $3.5 billion of stocks bought every year.
BREAKING: 🇺🇸 Crypto exchange OKX files with the SEC to launch tokenized US stock trading.
One of the first major crypto exchanges to use new US rules allowing tokenized public-company shares on crypto platforms.