From mortgage-backed securities to GPU-backed securities, is NVIDIA emulating AIG?

Macro strategist Simon White argues that financialization is systematically obscuring market signals of excess capacity. Similar to the housing crisis, today’s capital expenditure boom is more likely to attract an increasing influx of capital, facilitated by financial alchemy, thereby leading to overconstruction. Consequently, signals indicating sufficient computing power are likely to be overlooked.

wallstreetcn6minutes ago

Cathie Wood Scoops $16 Million of Broadcom Ahead of a Crucial AI Earnings Test

Cathie Wood is scooping up Broadcom, Inc (NASDAQ:AVGO) ahead of the chipmaker's next earnings report, signaling continued confidence in the artificial intelligence infrastructure boom even as her

Benzinga21:40

Analysts Pour Cold Water on Prospect of Philadelphia Semiconductor Index Returning to Bull Market

Buoyed by strong earnings reports from AI downstream companies, the Philadelphia Semiconductor Index rose 2.5% on Wednesday, leaving it just 1% shy of a technical bull market. However, Dan Kemp, founder of Portfolio Thinking, noted that CoreWeave’s revenue guidance is conservative and interest expenses are high, suggesting that its order backlog may not necessarily translate into actual revenue. Brian Mulberry, chief strategist at Zacks, acknowledged the spread of demand into infrastructure but cautioned about diverging fundamentals, noting that not all chip stocks stand to benefit.

wallstreetcn20:12

IREN Announces Delivery And Acceptance Of Horizon 1 By Microsoft, First Of Four 50MW Deployments Under $9.7B Five-Year Contract; Achieves NVIDIA Exemplar Cloud Status

IREN Announces Delivery And Acceptance Of Horizon 1 By Microsoft, First Of Four 50MW Deployments Under $9.7B Five-Year Contract; Achieves NVIDIA Exemplar Cloud

Benzinga19:34

'Never Happened In History,' Ex-Bridgewater Exec Warns AI Market Is Priced To Perfection

Bob Elliott, the former Bridgewater Associates executive and CIO of Unlimited, says the rally in artificial-intelligence stocks is built on an economic scenario that depends on unprecedented

Benzinga19:06

Bank of America: In the AI agent era, CPUs and GPUs should maintain a 1:1 ratio

AI agents are triggering a seismic shift in computing power, prompting a historic revaluation of CPUs as they shed their "supporting role." Bank of America predicts that CPUs are ascending to become the "control hub" of data centers, with the CPU-to-GPU ratio expected to converge from 1:4 toward 1:1. The market size is projected to exceed $210 billion by 2030. Amid this hundred-billion-dollar boom, the ARM camp is poised for a strong rise, capturing nearly half the market share; AMD emerges as the prime investment target due to its core performance, while Intel faces the challenge of shrinking market share.

wallstreetcn19:04