WS #13838
Jefferies downgrades Apple to Underperform on cancellation of all-glass iPhone and memory cost pressures, while Apple tests Chinese CXMT chips, adding regulatory risk. Nvidia signs MOUs with six major asset managers to mobilize $500B+ for AI infrastructure financing, positioning NVDA as an 'investable asset' and bullish for AI infrastructure names. OpenAI completes $7B secondary share sale at $852B valuation, ahead of potential IPO, signaling continued strength in AI private markets. Intel's $15B stock offering pressures shares (-4.1%), weighing on semiconductor sector.
Apple downgrade and memory supply crunch
Jefferies downgrades Apple to Underperform on cancellation of all-glass iPhone and memory cost pressures, while Apple tests Chinese CXMT chips, adding regulatory risk.
Nvidia signs MOUs with six major asset managers to mobilize $500B+ for AI infrastructure financing, positioning NVDA as an 'investable asset' and bullish for AI infrastructure names.
OpenAI completes $7B secondary share sale at $852B valuation, ahead of potential IPO, signaling continued strength in AI private markets.
Intel's $15B stock offering pressures shares (-4.1%), weighing on semiconductor sector.