WS #15089
The AI narrative remains dominant in equity markets, underscored by President Trump hosting a 'Super Intelligence Luncheon' featuring Jensen Huang, Elon Musk, and CEOs from OpenAI, Google, and Meta. Institutional momentum continues with AMD acquiring World Labs for $8.2 billion to integrate AI into its robotics portfolio, and Nvidia trading near its 52-week highs. However, the administration's ruling out of joint US-China AI ventures signals a tightening of the geopolitical tech landscape.
AI Sector Momentum and Policy
The AI narrative remains dominant in equity markets, underscored by President Trump hosting a 'Super Intelligence Luncheon' featuring Jensen Huang, Elon Musk, and CEOs from OpenAI, Google, and Meta. Institutional momentum continues with AMD acquiring World Labs for $8.2 billion to integrate AI into its robotics portfolio, and Nvidia trading near its 52-week highs. However, the administration's ruling out of joint US-China AI ventures signals a tightening of the geopolitical tech landscape.