Nvidia Is No Longer Just a Chip Company
The $105B Ohio guarantee makes Nvidia landlord, banker, and arms dealer of AI.
The $105B Ohio guarantee makes Nvidia landlord, banker, and arms dealer of AI.
A 36% revenue surge, a raised guide, and a 19% selloff, inside the single metric that overrode every headline number.
Six straight quarters of U.S. sales declines, a halved dividend, withdrawn guidance, and a new CEO who told Wall Street the company is not performing at its potential.
Central banks bought a Q2 record 289 tonnes as prices fell. That structural bid is what matters now.
Berkshire’s Q2 results confirm the cash is moving, but $365.5 billion still on the sideline tells a bigger story about where Abel is really headed.
The Adit Ventures case is a warning for pre-IPO funds promising access to SpaceX, Klarna, and the next blockbuster listing.
Gross margin doubled overnight. The $60B backlog is not revenue. And the balance sheet funding this order book is already stretched.
A $30B revenue run-rate, Samsung 2nm talks, and a job listing up to $485K just redrew the custom silicon map.
A $10B margin loan on private OpenAI shares, $40B of OpenAI bridge debt due March 2027, and a stock down sharply from its June peak. The leverage math is where this story lives now.
Record margins and a new $14B buyback, but guidance fell short of consensus and investors are fixating on one contract figure.