HK, US stocks top stories
Meta Looks to Slash Its AI Bill With Homegrown Silicon
benzinga_article·
- Meta Platforms Inc. plans to deploy its latest in-house artificial intelligence chips in data centers during the first half of 2027 to reduce costs and energy use.
- The company is collaborating with Broadcom Inc. and Taiwan Semiconductor Manufacturing Company Ltd. to develop custom processors like the MTIA 450 and MTIA 500, potentially decreasing reliance on NVIDIA Corporation.
- Meta also launched Meta One, a subscription service offering expanded AI access and premium features across its platforms starting at $2.99 per month.
Elon Musk Just Gave Nvidia’s Supply Chain A New Headache
benzinga_article·
- Elon Musk warned that existing semiconductor fabs are running out of capacity to support the AI boom and cited potential geopolitical risks in Taiwan.
- To address these challenges and physical manufacturing ceilings, Tesla and SpaceX are building their own Terafab facility to secure necessary chips, memory, and packaging.
- This development poses a supply chain challenge for Nvidia, as the chip giant relies on foundry partners and could face manufacturing bottlenecks despite high AI demand.
Jensen Huang Says Hyperscalers Get This ‘Almost Always Wrong’ — Nvidia Has a Workaround
benzinga_article·
- NVIDIA CEO Jensen Huang stated that hyperscalers almost always miscalculate AI infrastructure capacity due to outdated annual planning cycles.
- To counter this rapidly changing demand, NVIDIA is actively supporting a distributed network of regional neoclouds that can move faster to secure local resources.
- This strategy helps bypass infrastructure bottlenecks and creates a broader customer base consuming massive amounts of NVIDIA hardware globally.
Chamath Called Nvidia the ‘Bank of AI’—and Jensen Huang Just Proved It
benzinga_article·
- Nvidia is expanding its strategic role beyond selling chips to actively helping address AI ecosystem bottlenecks and capital constraints.
- CEO Jensen Huang described AI as a new industrial revolution requiring coordinated scaling across manufacturing, electricity, and data centers.
- By collaborating with financial institutions to help customers secure capital, Nvidia ensures continuous demand for its computing systems.
A Sub-20 P/E on GOOGL? The Market May Be Missing Something
Market Beat·
- Alphabet trades at an attractive sub-20 P/E valuation despite generating $132 billion in net income with margins near 55%.
- A potential AI industry slowdown could benefit Alphabet by allowing it to close the competitive gap without sprinting pressure, while its 22-year nuclear power deal secures essential clean energy for infrastructure.
- Institutional net buying of $125 billion over the prior 12 months and a consensus Buy rating with a $420.19 price target underscore strong market confidence.
Cathie Wood Backs AI Slowdown but Calls Extinction Fears ‘Ridiculous:’ What Do Prediction Markets Say?
benzinga_article·
- ARK Invest founder Cathie Wood dismissed humanity extinction fears regarding artificial intelligence as ridiculous while supporting the industry's recent push to slow frontier advancements for safety.
- Industry leader warnings caused market fluctuations, resulting in a 3.4% decline for Nvidia and a 5.9% drop in the Philadelphia Semiconductor Index, alongside a 13.8% surge for CrowdStrike Holdings Inc.
- Wood anticipates President Donald Trump will veto federal regulations to maintain competitiveness against China, while Polymarket traders assign a 19% probability to a qualifying U.S. AI safety law passing before 2027.
Anthropic, OpenAI, and xAI Want to Slow Down Artificial Intelligence (AI) Development. These 2 Stocks Could Be the Bigge…
Motley Fool·
- Anthropic, OpenAI, and xAI have called for a slowdown in artificial intelligence development due to safety concerns and control risks.
- Such a slowdown could reduce sales for industry service providers like chipmakers and cybersecurity vendors.
- Advanced Micro Devices and CrowdStrike are identified as potential losers facing growth risks and high valuations.
Big Short Veterans Say AI Boom Could End in a ‘Boom, Bust’ Cycle — Warn Nvidia Faces a Hidden Risk: ‘It Scares Me’
benzinga_article·
- Veterans of The Big Short trade warn that the AI boom could end in a boom and bust cycle due to heavy revenue concentration among a few buyers.
- Financial filings and reports indicate that 5 customers account for 70% of Nvidia's accounts receivable, while 70% of hyperscaler AI revenue comes from Anthropic and OpenAI.
- Investors highlight that core AI customers like OpenAI are bleeding cash, and capital expenditure reliance could eventually flood the market with new stock supply.
Fed Hike Odds Hit 93%: 3 Things That Could Really Surprise Markets Wednesday
benzinga_article·
- Futures markets price a 93% probability of a 25 basis point Federal Reserve rate hike to 3.75%-4.00%, marking the first increase since July 2023.
- Market focus centers on three key uncertainty factors: the dot plot's rate path projection, updated inflation and growth forecasts, and the Fed Chair's press conference signals.
- These upcoming monetary policy signals and economic projections may trigger significant volatility across major exchange-traded funds including equities, treasuries, and gold.
Jensen Huang puts Trump on speakerphone onstage to announce robots won’t take over the world
The Verge·
- Nvidia CEO Jensen Huang took a phone call from President Trump while onstage at the All - In Summit on September 2, 2026, and put him on speakerphone.
- During the call, President Trump dismissed fears about artificial intelligence development as a hoax and assured the audience that robots would not take over.
- This event coincided with broader industry discussions on AI development, following Anthropic CEO Dario Amodei's recent essay advocating for slower advancement.
Nvidia's Latest Move Spells Trouble for AMD and Intel Investors
Motley Fool·
- Nvidia is expanding its presence in the server central processing unit market, posing a significant challenge to current leaders Intel and Advanced Micro Devices.
- The company reported that its Grace family of CPUs generated 5 billion dollars in sales over the trailing 12-month period and projects data center CPU revenue to more than double in the next fiscal year.
- Nvidia's upcoming Vera family of CPUs, paired with Vera Rubin GPUs, aims to leverage integrated performance advantages and superior efficiency to rapidly capture market share.