WS #13772
US nonfarm payrolls fell 23k in July, prior months revised down, reducing Fed rate hike expectations and supporting equities and gold. NVIDIA testing lower-memory Rubin Ultra GPU designs due to HBM shortage, potentially impacting margins and AI infrastructure costs.
US labor market weakness
US nonfarm payrolls fell 23k in July, prior months revised down, reducing Fed rate hike expectations and supporting equities and gold.
NVIDIA testing lower-memory Rubin Ultra GPU designs due to HBM shortage, potentially impacting margins and AI infrastructure costs.