SHOCKING: 28 | Mind Blowing Facts

'I'm in favor of taxes,' says Nvidia's Jensen Huang—but he doesn't agree with Bill Gates on his plan to slow an AI fallout

"I love the heck out of Bill ... but I don't see what he sees," Huang said.

Fortune · Aug 28

Nvidia’s massive future spending commitments ‘make the company’s risk profile more complex,’ Saxo says

Everything you need to know before you reach the office this morning.

Fortune · Aug 28

Nvidia Could Follow Apple's Path. Dividends Could Fuel Its Next Stock Rally.

Nvidia could increasingly use dividends and stock buybacks to support its valuation, following the playbook that helped Apple shares command a higher price-to-earnings multiple.

International Business Times · Aug 28

Global Market: China stocks steady as property shares offset Biotech, chip losses

Chinese stocks were largely steady on Friday as gains in property shares offset losses in biotechnology and semiconductor stocks. The Shanghai Composite edged up 0.1%, while the CSI300 slipped 0.1%. Hong Kong equities advanced, supported by Wall Street gains and Nvidia’s upbeat outlook, which boosted global AI sentiment.

The Economic Times · Aug 28

HCLTech, TCS, Infosys, other IT stocks rally up to 5%. What lies ahead?

Indian IT stocks surged sharply, led by gains in largecap names, after Nvidia’s strong results and upbeat revenue outlook revived optimism around the global AI spending cycle. The rally came despite lingering concerns over AI disruption and mixed brokerage views on the sector.

The Economic Times · Aug 28

Asian shares mostly gain after upbeat results for Nvidia and others lift US stocks

Shares are mostly higher in Asia after Nvidia and other technology stocks led an advance on Wall Street

The Independent UK · Aug 28

Nvidia pauses revenue-sharing deals with AI cloud companies

The chip giant stepped back from the program last week, the Journal said, adding that it could still revamp the initiative later or fold it into another program.

The Economic Times · Aug 28

Anthropic planned, then abandoned $7 billion purchase of MatX

The merger talks, which a third person said have evolved into a discussion about a partnership, underscore the AI lab's ambition ​to secure the resources and talent needed to build its own chips. The goal is to help Anthropic accelerate its in-house chip development.

The Economic Times · Aug 28

Global Market Today: Asian shares slip as US stock futures dip ahead of Warsh’s Jackson Hole speech

Futures for the Nasdaq 100 Index fell 0.3% and those for the S&P 500 Index retreated 0.2% as initial enthusiasm about the artificial intelligence trade following Nvidia Corp.’s bullish outlook waned. Sentiment was weighed down by Marvell Technology Inc., which fell more than 7% in extended trading following its earnings…

The Economic Times · Aug 28

Stock Indices Settle Higher as Nvidia Earnings Spur a Tech Stock Rally

The S&P 500 Index ($SPX ) (SPY ) closed up by +0.72% on Thursday, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up by +0.20%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up by +1.43%. E-mini S&P futures (ESU26 ) rose +0.68%, and September E-mini...

Barchart · Aug 27