December 26, 2025
NVDA $20B Deal, MU Hikes 20%, OpenAI 2026 IPO Rumor
Nvidia (NVDA)
Strategic Expansion: Reached a $20 billion licensing deal with AI chip startup Groq.
Focus Areas: The deal centers on licensing Groq’s technology and acquiring key engineering talent to bolster Nvidia’s position in AI inferencing.
Micron Technology (MU)
Market Performance: The stock saw a 240% gain in 2025.
Financial Results: Recently reported record earnings driven by significant pricing leverage.
DRAM Pricing: Average Selling Prices (ASPs) for DRAM increased 20% sequentially in the last quarter.
2026 Outlook: Analysts project further upside for the company in early 2026.
Dell (DELL)
Operational Risks: Leadership has signaled potential component shortages and the necessity of price hikes heading into 2026.
Cost Pressures: The company is facing rising costs in networking equipment and memory.
Nvidia (NVDA)
Strategic Expansion: Reached a $20 billion licensing deal with AI chip startup Groq.
Focus Areas: The deal centers on licensing Groq’s technology and acquiring key engineering talent to bolster Nvidia’s position in AI inferencing.
Micron Technology (MU)
Market Performance: The stock saw a 240% gain in 2025.
Financial Results: Recently reported record earnings driven by significant pricing leverage.
DRAM Pricing: Average Selling Prices (ASPs) for DRAM increased 20% sequentially in the last quarter.
2026 Outlook: Analysts project further upside for the company in early 2026.
Dell (DELL)
Operational Risks: Leadership has signaled potential component shortages and the necessity of price hikes heading into 2026.
Cost Pressures: The company is facing rising costs in networking equipment and memory.
Microsoft (MSFT) & Google (GOOGL / GOOG)
Capital Strength: These are currently the only giants viewed as having sufficient capital to fully fund their massive AI capex requirements.
Investor Sentiment: Investors favor these firms as they become increasingly wary of companies with "negative free cash flow".
Data Dog (DDOG)
Market Position: Highlighted as a leader in "cloud observability".
Growth Drivers: The company is benefiting from the consolidation of AI-native workloads.
Salesforce (CRM)
Stock Performance: Shares declined 20% in 2025.
Analyst Stance: Experts remain neutral, waiting for evidence that new sales hiring and AI products will lead to consistent revenue acceleration.
YouTube (GOOGL / GOOG)
Streaming Landmark: Reached a deal with the Academy of Motion Picture Arts and Sciences to stream the Oscars live starting in 2029.
Contract Duration: The deal runs through 2033, marking the first time a major awards show has moved from linear broadcast (ABC) to a streaming-first platform.
OpenAI, SpaceX, and Anthropic
Liquidity Risk: These next-generation giants are rumored to potentially tap the equity markets simultaneously in 2026 (with OpenAI rumored at a $100 billion valuation).
Market Impact: Their entry may cause an "equity liquidity drain," forcing institutional investors to sell existing "winners" to fund these new positions.
Technology Sector News
The Global 2000: There is a notable adoption mismatch; only 30% of these companies are "AI-ready," while 70% remain focused on cloud migration and data cleansing.
MUFG (MUFG) Analysis: George Kalves notes that for a healthy 2026 economy, market participation must "broaden out" beyond the current high concentration in mega-cap tech.
Disclaimer:
For informational purposes only; not investment advice. This content is generated by Agentic AI; we do not guarantee its accuracy or completeness. AI-generated information may contain errors or interpretative biases and should not be relied upon as the sole basis for investment decisions. Readers must possess appropriate risk tolerance and exercise independent judgment. We assume no liability for any investment outcomes resulting from reliance on this information.
