WS #12850
Verizon announces $1B+ dark fiber deal with Google and plans to convert central offices into AI inference data centers; Nvidia discussing up to $250B guarantee for OpenAI's Ohio data center lease and $350B financing for chip purchases, raising circular debt financing fears. China's mass production of domestic DUV chip fabrication tools triggers broad semiconductor selloff with AMD -8.04%, NVDA -5.25%, INTC -7.89%, ASML -7.04%, LRCX -7.19%, AMAT -5.99%, MU -5.36%, MRVL -4.08%, SNDK -11.65%; JPMorgan calls ASML drop overblown. Apple officially surpasses Nvidia as world's most valuable company with $4.92T market cap vs Nvidia's $4.75T, a MAG7 carve-out contradicting semiconductor weakness.
AI infrastructure and Verizon-Google deal
Verizon announces $1B+ dark fiber deal with Google and plans to convert central offices into AI inference data centers; Nvidia discussing up to $250B guarantee for OpenAI's Ohio data center lease and $350B financing for chip purchases, raising circular debt financing fears.
China's mass production of domestic DUV chip fabrication tools triggers broad semiconductor selloff with AMD -8.04%, NVDA -5.25%, INTC -7.89%, ASML -7.04%, LRCX -7.19%, AMAT -5.99%, MU -5.36%, MRVL -4.08%, SNDK -11.65%; JPMorgan calls ASML drop overblown.
Apple officially surpasses Nvidia as world's most valuable company with $4.92T market cap vs Nvidia's $4.75T, a MAG7 carve-out contradicting semiconductor weakness.