WS #13843
Market-implied probability of a September rate hike fell to 44% from 67% a week ago after weak nonfarm payrolls, with CPI due Wednesday/Thursday as next catalyst. Nvidia's $500B AI infrastructure financing platform is confirmed as third-party capital, not revenue, tempering the bullish narrative for NVDA. Microsoft is accelerating its Maia 300 AI chip launch to September, with TSMC securing 300,000 units capacity, posing a long-term threat to NVDA. Singapore sharply raised its 2026 GDP forecast to 4.5%-5.5% on AI-related boost, citing that the US-Iran conflict's impact was less severe than feared.
Fed rate hike probability falls
Market-implied probability of a September rate hike fell to 44% from 67% a week ago after weak nonfarm payrolls, with CPI due Wednesday/Thursday as next catalyst.
Nvidia's $500B AI infrastructure financing platform is confirmed as third-party capital, not revenue, tempering the bullish narrative for NVDA.
Microsoft is accelerating its Maia 300 AI chip launch to September, with TSMC securing 300,000 units capacity, posing a long-term threat to NVDA.
Singapore sharply raised its 2026 GDP forecast to 4.5%-5.5% on AI-related boost, citing that the US-Iran conflict's impact was less severe than feared.