WS #13974
Nvidia's $500B AI financing plan and TSMC's 45% revenue surge underscore robust AI chip demand, but skepticism about financing sustainability persists. Mixed earnings results: Gaxos.ai surged 66% after hours, Embraer set Q2 revenue record, while Hims & Hers beat revenue but missed on losses. July CPI at 3.4% (core 2.5%) matched expectations, reducing odds of a September Fed hike to ~38% and supporting risk assets, gold, and tech.
AI infrastructure and chip demand
Nvidia's $500B AI financing plan and TSMC's 45% revenue surge underscore robust AI chip demand, but skepticism about financing sustainability persists.
Mixed earnings results: Gaxos.ai surged 66% after hours, Embraer set Q2 revenue record, while Hims & Hers beat revenue but missed on losses.
July CPI at 3.4% (core 2.5%) matched expectations, reducing odds of a September Fed hike to ~38% and supporting risk assets, gold, and tech.