TSMC sitting on $1 billion in backlogged Apple processor orders? Guo Ming-qi debunks rumor: Inventory buildup is part of normal ramp-up, not passive accumulation

Guo Mingchi refuted rumors of "Taiwan Semiconductor holding $1 billion worth of Apple's 2nm chips in inventory," emphasizing that Apple plans its production schedule in advance based on memory supply, and that Taiwan Semiconductor's rising inventory stems from the ramp-up of 2nm production and stockpiling by multiple customers—not passive accumulation. However, Apple's management has confirmed that supply constraints, including memory shortages, have pressured shipments across multiple product lines in the fourth fiscal quarter.

wallstreetcn3minutes ago

NVIDIA's $500 billion 'circular financing'? Morgan Stanley responds: Investment led by third parties, with NVIDIA only providing 'residual value support' while still enjoying long-term revenue sharing

Morgan Stanley believes that NVIDIA provides no more than 25% of the 'residual value support mechanism' in this structure, with decision-making authority and funding sources primarily borne by independent third parties, thereby structurally addressing concerns about 'circular financing.' This arrangement also creates an annuity-like revenue-sharing channel for NVIDIA with nearly 100% gross margins, with estimated revenue sharing in FY29 exceeding USD 10 billion and driving EPS upside of over 10%.

wallstreetcn19minutes ago

Zheshang Securities Discusses Next-Stage Strategy for A-Shares: From 'K-Shaped' to 'Diamond-Shaped'

Zheshang Securities' 'Diamond Strategy' notes that as the AI narrative slope flattens, market microstructure deteriorates, and global liquidity faces disruptions, the extreme concentration of capital in a 'K-shaped' divergence is unlikely to persist. The market is now entering a transitional phase of oscillation characterized by 'convergence → rebound → re-convergence.' Strategically, the approach recommends shifting from concentration at the extremes toward strengthening positions in the middle ground, focusing on three main themes: tech differentiation, deep value, and distressed turnarounds.

wallstreetcn20minutes ago

Ming-Chi Kuo Challenges Report of $1 Billion in Apple Chips Stuck at TSMC: 'Tight Memory Supply Is Real,' But This Doesn't Add Up

Benzinga13:21

AMZN Stock to Close Above $300 by August End? Crypto Punters Bet on the Possibility Following Amazon's Impressive Q2 Performance

Benzinga12:36

UBS Group Corporate Survey: AI spending remains robust, 'build-your-own' software is becoming a trend, and data management leadership is critical

A recent UBS Group survey shows that cloud infrastructure and data management layer providers (such as Databricks and Snowflake) remain firmly entrenched, while traditional SaaS vendors continue to be sidelined—as enterprises increasingly opt to build their own AI systems. Meanwhile, AI-native startups like CodeRabbit are quietly making their way onto procurement lists, marking the onset of a clear divergence across the industry value chain.

wallstreetcn11:52