Nvidia Funds Intel; Micron Beats; Oracle, Tesla Sink

Nvidia (NVDA)

• Market Performance: Experienced a sharp pullback, with the stock falling 3.5%.

• Investment Activity: Provided $5 billion in investment to Intel.

• Market Standing: Identified as the #1 most-viewed technology stock on Yahoo Finance for 2025, reaching approximately 250 million page views.

• Competitive Landscape: Faces challenges to its dominance from Amazon’s "Trainium" chips and the broader market hunger for supply-constrained alternatives.

  
  

Intel (INTC)

• Stock Performance: Despite a broader tech slump, the stock is up 80% year-to-date.

• Funding & Capital: Secured massive investments including $8 billion from the U.S. CHIPS Act, $5 billion from Nvidia, and $2 billion from SoftBank.

• Strategic Shift: Pivoting into AI infrastructure, moving away from traditional automotive and PC chip roots.

• Key Deals: Secured a major order from Super Micro for the Xeon 6 processor.

• Risks: Manufacturing delays for the 7-nanometer chip have caused market share loss in the PC hardware segment.

  
  

Micron Technology (MU)

• Q1 Fiscal Results: Exceeded expectations with $13.64 billion in revenue and an adjusted EPS of $4.78.

• Market Impact: Results sparked a 5% surge in after-hours trading.

• Q2 Guidance: Projects revenue between $18.3–$19.1 billion and gross margins of 67% to 69%.

• Business Drivers: Benefiting from skyrocketing prices and high margins for High Bandwidth Memory (HBM), which is critical for AI training.

• Market Position: Currently the #2 player in HBM behind SK Hynix.

  
  

AMD (AMD)

• Performance: Shares fell 5% during the "ugly" chip sector struggle.

• 2025 Retrospective: Recorded a 71% year-to-date gain despite high volatility; identified as a top trending ticker.

  
  

Broadcom (AVGO)

• Market Performance: Saw notable losses alongside other tech heavyweights.

  
  

SK Hynix (000660.KS) & Samsung (005930.KS)

• HBM Competition: SK Hynix remains the leader in HBM, while Samsung remains a long-term competitive factor for Micron.

  
  

Oracle (ORCL)

• Market Performance: Suffered its worst trading day since December 10, hitting its lowest levels since June.

• Financing Issues: Blue Owl Capital will not back a $10 billion deal for a 1-gigawatt facility in Michigan.

• Project Status: Maintains the Michigan project is on schedule with a different equity partner selected by Related Digital.

• Investor Concerns: Investors are anxious regarding Oracle's $250–$300 billion commitment for future data center leases over the next 20 years.

  
  

Amazon (AMZN)

• OpenAI Partnership: In initial discussions to raise at least $10 billion from Amazon.

• Proprietary Silicon: As part of the OpenAI deal, Amazon’s "Trainium" chips would be used for model training, serving as an endorsement of its homegrown silicon.

  
  

Alphabet (GOOGL/GOOG)

• Market Performance: Saw notable losses during the mega-cap decline.

• Waymo Funding: In talks to raise over $15 billion for Waymo at a valuation exceeding $100 billion to seek unit independence.

  
  

Microsoft (MSFT)

• Performance: Showed resilience compared to hardware, managing a gain of 0.5%.

  
  

Salesforce (CRM)

• Performance: Showed stability with a rise of nearly 2%.

  
  

Palantir (PLTR)

• 2025 Performance: Surpassed Apple as the #3 most-viewed ticker; the stock has gained 2,500% over the last three years.

  
  

Tesla (TSLA)

• Stock Volatility: Hit an intraday record high before reversing to end the day down nearly 4%.

• Legal/Regulatory: Faces a 30-day sales ban in California due to misleading "Self-Driving" advertisements.

• Popularity: The #2 most-viewed stock on Yahoo Finance in 2025 with over 180 million views.

  
  

Relativity Space

• Strategic Pivot: Moving away from 3D-printing toward traditional manufacturing after burning over $1 billion.

• Leadership Change: Former Google CEO Eric Schmidt has taken over as CEO after injecting $800 million of his own capital.

• Future Goal: Planning to pursue "orbital data centers".

  
  

Imprint Payments

• Funding: Reached a $1.5 billion valuation after a $150 million round led by Khosla Ventures.

• Focus: Co-branded credit cards for brands like Booking.com and Crate & Barrel.

  
  

Warner Bros. Discovery (WBD)

• M&A Stance: Urged shareholders to reject a $30-per-share bid from Paramount/Skydance.

• Partnerships: Favors its existing agreement with Netflix (NFLX).

  
  

Paramount (PARA) & Skydance

• Financing Risks: WBD cited risks in Skydance's offer, noting David Ellison refused to personally backstop the equity commitment.

• Affinity Pullout: Jared Kushner’s Affinity reportedly withdrew from the Paramount bid.

  
  

GE Vernova (GEV)

• AI Infrastructure Role: Doubled production capacity for natural gas turbines to support data center power needs.

• Market Share: Manages 50% of the world’s electricity generation (ex-China).

• Business Model: Utilizes a recurring revenue model through long-term service contracts.

  
  

J.P. Morgan Chase (JPM)

• AI Adoption: Planning a $10 billion expense increase for 2026 dedicated to AI advancements and credit card updates.

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