8 Min Read
Micron guided to $61.5B in first-quarter revenue and said supply will stay tight into 2028. But its 86.25% margin guidance fell short of investor expectations; the stock slipped 0.8% after hours, and SanDisk and Western Digital edged lower.
MU · Since The Event− 15.15%Read7 Min Read
Trump signed a one-page accord with Nvidia, Anthropic, Google, Meta, OpenAI and xAI calling for outside auditors and board oversight, with no pace limit, deadline or penalty. Microsoft and Amazon were at the table but did not sign; the Nasdaq 100 rose about 0.5% over two days.
7 Min Read
According to the Financial Times, Nvidia is working with reinsurance broker Howden Re on a structure to insure chip-backed loans to small cloud companies. Its filings already show $108.5B in maximum guarantee exposure; insurance could shift the chips' resale-value risk from banks and Nvidia to a third party.
6 Min Read
Nvidia raised its buyback authorization by $150B, beating Apple's $110B record, and the stock rose 2.64% as chip stocks fell. But it generated $21.3B of free cash flow last quarter, and its customers are paying more slowly.
7 Min Read
China's industry ministry asked Alibaba and ByteDance how many of Nvidia's RTX Pro 5500 chips they want. The same weekend, four U.S. senators filed a bill targeting Zhongji Innolight and Eoptolink. Neither is a decision, yet Shanghai chip and optical stocks fell to a one-year low.
