7 Min Read
Muse topped the App Store on September 18. Three days later Intel, Arm and AMD were repriced without a single announcement; AMD touched $1 trillion intraday and the Nasdaq closed at a record.
AMD · Since The Event+ 0.08%Read8 Min Read
Reuters reported on September 16, citing three people, that SK Hynix is weighing a lease of Intel's idle Ohio campus or a venture with cloud firms. Nothing in force today compels what Washington wants; the Korean law that reviews such a transfer is already on the books.
September 15, a nineteen-year highSeptember 16, 2:20 p.m. New York
9 Min Read
Kevin Warsh's first hike as chair passed unanimously, lifting the target range to 3.75%-4.00%. Futures had priced the decision at 92.9%, and the real move came before the announcement: the 10-year yield backed away from Tuesday's nineteen-year high and slipped below 5%.
10 Min Read
China's largest DRAM maker went to federal court to get off the Pentagon's list of Chinese military companies. The list bans no commercial sale, yet it still costs the company customers.
MU · Since The Event− 0.71%Read10 Min Read
Nvidia disclosed a $21 billion SpaceX position for the first time on Friday. On the day the filing landed, the position was worth $17.4 billion. Forty-five days sat in between.
10 Min Read
Intel announced a $15 billion share sale on Monday and the stock fell 5%. By early Tuesday the deal had been upsized to $20 billion and priced at $95 — and the real question is why the fab this money buys has to be committed before the customer is.
