Investors choosing between the Fidelity MSCI Health Care Index ETF (FHLC +0.98%) and State Street Health Care Select Sector SPDR ETF (XLV +1.17%) may find that the former provides broader market-cap exposure while the latter offers superior liquidity and a higher trailing-12-month dividend yield. Both funds target the domestic healthcare sector, providing exposure to pharmaceuticals, biotechnology...
Investors choosing between the Fidelity MSCI Health Care Index ETF (FHLC +0.98%) and State Street Health Care Select Sector SPDR ETF (XLV +1.17%) may find that the former provides broader market-cap exposure while the latter offers superior liquidity and a higher trailing-12-month dividend yield. Both funds target the domestic healthcare sector, providing exposure to pharmaceuticals, biotechnology, and equipment providers. While FHLC covers a wider range of company sizes including mid- and small-cap stocks, XLV focuses strictly on the healthcare components of the S&P 500. This choice between broad-market diversification and blue-chip concentration is a central consideration for investors looking to gain targeted sector exposure. Snapshot (cost & size) Metric FHLC XLV Issuer Fidelity SPDR Expense ratio 0.08% 0.08% 1-yr return (as of May 18, 2026) 18.59% 16.86% Dividend yield 1.40% 1.70% Beta 0.61 0.58 AUM $2.9 billion $37.5 billion Beta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-yr return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield. Both funds are highly cost-efficient with matched 0.08% expense ratios. However, the State Street fund offers a slightly higher payout for income seekers, with a trailing-12-month dividend yield of 1.7% compared to 1.4% for the Fidelity fund. This difference in yield may appeal to those prioritizing current income over slightly higher recent growth. Performance & risk comparison Metric FHLC XLV Max drawdown (5 yr) (17.70%) (17.10%) Growth of $1,000 over 5 years (total return) $1,231 $1,284 What's inside The State Street Health Care Select Sector SPDR ETF provides concentrated exposure to 60 large-cap healthcare stocks. Its largest positions include Eli Lilly & Co (LLY +2.40%) at 15.18%, Johnson & Johnson (JNJ +1.13%) at 10.42%, and AbbVie (ABBV +0.56%) at 7.09%. Launched in 1998, it provides 100% allocation ...
California chemical tank has cracked causing state of emergency, thousands to evacuate toggle caption Apu Gomes/Getty Images Some 50,000 residents of Garden Grove, California remain under an evacuation order Sunday as emergency response teams struggle to deal with a potentially explosive situation at a nearby aerospace manufacturing plant. Here's the latest on what's happening at the plant, and wh...
California chemical tank has cracked causing state of emergency, thousands to evacuate toggle caption Apu Gomes/Getty Images Some 50,000 residents of Garden Grove, California remain under an evacuation order Sunday as emergency response teams struggle to deal with a potentially explosive situation at a nearby aerospace manufacturing plant. Here's the latest on what's happening at the plant, and what could yet come. Overnight, the chemical tank appeared to have cracked The tank, which is located in the southeastern corner of the GKN Aerospace facility in Garden Grove, California, holds somewhere around 7,000 gallons of methyl methacrylate, a highly toxic, highly flammable chemical used in the manufacturing of resins and plastics. Late Saturday, firefighters approached the tank to "get eyes" on what was happening, TJ McGovern, interim county fire chief for the Orange County Fire Authority, said in a post on social media. "What they found was a potential crack in the tank." Sponsor Message A cracked tank could actually be good news, sort of The incident at GKN Aerospace began Thursday, according to emergency responders. It remains unclear exactly what went wrong, but the chemicals in the tank began to exceed a safe temperature. Methyl methacrylate is a clear, colorless liquid that is highly volatile and releases energy exothermically when it reacts. If that reaction occurs in a container, then it can cause a sudden pressure build up, effectively turning the container into an explosive. That's exactly what happened at a plant in the United Kingdom in October 2009. According to one report, an explosion at a resin manufacturing site involving the chemical destroyed the factory and caused blast damage to adjacent buildings. Nobody was killed, but windows were blown out as far as 600 ft. from the blast site. The tank in California suffered damage and had already begun to bulge outward, according to Craig Covey, the incident commander at Orange County Fire. The tank is being...
Good morning and welcome back. We’re kicking off the week with some M&A news: Jardine Matheson is getting close to an agreement to buy Australia’s biggest medical diagnostic imaging provider, I-MED Radiology Network. That’s according to people familiar with the matter, who say the transaction may value I-MED at about A$3.4 billion, including debt. I-MED has more than 250 clinics across Australia o...
Good morning and welcome back. We’re kicking off the week with some M&A news: Jardine Matheson is getting close to an agreement to buy Australia’s biggest medical diagnostic imaging provider, I-MED Radiology Network. That’s according to people familiar with the matter, who say the transaction may value I-MED at about A$3.4 billion, including debt. I-MED has more than 250 clinics across Australia offering services such as MRI, CT, ultrasound and nuclear medicine. The business has been owned by London-based private equity firm Permira since 2018. The potential buyer comes with a storied history. Hong Kong-based Jardine Matheson traces its origins to an opium trading house founded in 1832, though in recent years the conglomerate has been focused on reshaping its sprawling portfolio and boosting shareholder returns. What’s happening now The fallout from the budget continues, with the government saying it will consult with small businesses , particularly start-ups, over the implications of a planned clampdown on tax breaks, Cabinet Secretary Andrew Charlton said. Under the proposed changes, a current 50% capital gains tax discount will be replaced by an inflation-indexation model with a 30% minimum tax rate on net capital gains, covering everything from property to shares and businesses. Charlton acknowledged the new system could be problematic for firms with a very low capital base — like start-ups — as they have little to inflate off. A 39-year-old man died after he was attacked by a shark at a shallow reef in waters off the far north of Queensland. The man was rushed by boat from Kennedy Shoal to Hull River Heads boat ramp, about 120 kilometers south of Cairns, where paramedics were waiting for him at about midday local time on Sunday. However, he died from injuries shortly after. The attack comes after a 38-year-old man was killed by a Great White Shark on May 16 across the other side of the country, near Rottnest Island off the Western Australia coast. Across the Ta...
Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. Recent share performance context Innovent Biologics (SEHK:1801) has drawn investor attention after recent share price moves, with the stock down about 2% over the past month and about 11% over the past 3 months. Those shorter te...
Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. Recent share performance context Innovent Biologics (SEHK:1801) has drawn investor attention after recent share price moves, with the stock down about 2% over the past month and about 11% over the past 3 months. Those shorter term declines sit against a year to date gain of about 3% and a total return of about 38% over the past year, prompting closer scrutiny of how current pricing relates to the company’s fundamentals. See our latest analysis for Innovent Biologics. Putting those moves together, the stock has recently cooled with share price returns over the past quarter in decline, yet the 1 year total shareholder return of about 38% and 3 year total shareholder return of about 114% still point to strong longer term momentum. If you are interested in other healthcare and biotech opportunities using AI, this is a good moment to scan the market with the 128 healthcare AI stocks. With Innovent Biologics showing solid reported growth in revenue and net income, alongside a value score of 3 and indications of a discount to some intrinsic and analyst estimates, is this a buying opportunity, or is the market already pricing in future growth? Preferred P/E of 149.7x: Is it justified? On a headline basis, Innovent Biologics looks expensive, with a P/E of 149.7x compared to both its peers and the broader Asian biotech industry. The P/E ratio compares the company’s share price with its earnings per share, so a higher P/E usually implies the market is paying more today for each unit of current earnings. For a biopharmaceutical company that has only recently become profitable, such a high multiple often reflects expectations around future earnings growth rather than the current profit base. Here, the gap is wide. Innovent Biologics is on a P/E of 149.7x. The peer average sits at 35.9x, and the Asian Biotechs ...
Too early to be decisive yet but without doubt George Russell was left cursing his damnable luck as his world championship ambitions took a body blow in Montreal. The British driver was left angry and disconsolate as his Mercedes ground to halt on track at the Canadian Grand Prix and his teammate and title-rival Kimi Antonelli powered to a record-breaking victory Russell must be wondering what he ...
Too early to be decisive yet but without doubt George Russell was left cursing his damnable luck as his world championship ambitions took a body blow in Montreal. The British driver was left angry and disconsolate as his Mercedes ground to halt on track at the Canadian Grand Prix and his teammate and title-rival Kimi Antonelli powered to a record-breaking victory Russell must be wondering what he has to do to catch a break in what increasingly looks like a two-way title fight with his Italian teammate. He had claimed victory in the sprint race, then pole and then had an absolutely gripping, toe-to-toe with the 19-year-old for the opening 29 laps on the Île Notre-Dame. The pair had circulated within half a second of one another, trading the lead, repeatedly in what was an exemplary piece of racing. Russell had to pull some superb, resolved, defensive driving and Antonelli was as always an irrepressible force, a joy to behold. To and fro they darted against one another, neither perfect, both drivers suffered lock-ups and minor errors but neither could take a decisive advantage. It was glorious stuff with nothing to choose between them. The prospect of it heading to the flag as such was mouthwatering, only for Russell’s world to fall apart in a scant few seconds. Out of nowhere he suddenly slowed and pulled off on lap 30 with an engine failure. An understandably angry Russell hurled his headrest from the car and stalked from it in disgust. He was left behind the fence, staring at the marshals pushing his stricken ride away and shaking his head in disbelief and frustration as Antonelli scampered off into a now unchallenged lead he held to the flag. View image in fullscreen Mercedes’ Kimi Antonelli takes the chequered flag. Photograph: Mark Sutton/Formula 1/Getty Images It was impossible not to sympathise with the British driver as team principal Toto Wolff understood when he came out to put his arm round him when he returned to the paddock. Russell had fought hard and a...
Oil and the dollar fell while US stock futures climbed as risk appetite improved on hopes that a deal to reopen the Strait of Hormuz and restore crude flows could be close. Brent crude fell more than 4% in early trading, while risk sensitive currencies the Australian dollar and South African rand led gains against the greenback. S&P 500 futures rose after the underlying gauge closed near a record ...
Oil and the dollar fell while US stock futures climbed as risk appetite improved on hopes that a deal to reopen the Strait of Hormuz and restore crude flows could be close. Brent crude fell more than 4% in early trading, while risk sensitive currencies the Australian dollar and South African rand led gains against the greenback. S&P 500 futures rose after the underlying gauge closed near a record high on Friday. Senior US officials said Sunday that the US and Iran were nearing a deal that would reopen the Strait of Hormuz, though negotiations over key language were continuing and final approval from both sides could still take several days. Iran’s semi-official Tasnim news agency cautioned that the draft agreement could yet collapse because the US is obstructing some key clauses, including Tehran’s demand that its assets be unfrozen. Friday’s “upside momentum looks set to extend,” Tony Sycamore , an analyst at IG in Sydney, wrote in a note to clients. While any deal could still collapse, “financial markets appear to be, at this point, giving the reports the benefit of the doubt.” The lift in sentiment follows weeks of stalemate between the US and Iran after the two sides agreed to a ceasefire in April, with traders closely tracking the conflict’s economic fallout. US consumer sentiment fell to a record low in May, while long-term inflation expectations worsened notably. US Personal Consumption Expenditures data and inflation readings across Europe will be in focus this week after bond yields rose to multi-year highs on concern price pressures will remain elevated and force central banks to hike interest rates. Traders have fully priced in a Federal Reserve rate hike by year-end, underscoring expectations that Kevin Warsh will need to act swiftly against inflation. Strategists expect global bond yields to remain elevated even if a US-Iran deal eases oil-driven inflation pressures. Investors are also grappling with concerns that already large public debt burdens will ...
Electing to skip the entire clay-court season was clearly an option for Emma Raducanu. After suffering a 6-0 7-6 (7-4) defeat by Argentina's Solana Sierra in the Roland Garros first round, British number one Raducanu could be forgiven for wishing she had stayed back home. She has seen the bulk of the 2026 season decimated by a viral illness and this was only her second match back after more than t...
Electing to skip the entire clay-court season was clearly an option for Emma Raducanu. After suffering a 6-0 7-6 (7-4) defeat by Argentina's Solana Sierra in the Roland Garros first round, British number one Raducanu could be forgiven for wishing she had stayed back home. She has seen the bulk of the 2026 season decimated by a viral illness and this was only her second match back after more than two months away from tour action. The world number 39's lack of match practice was clear in a display where she produced arguably one of the lowest levels of her career in a 23-minute first set. Sitting out Roland Garros and getting down to work with Andrew Richardson - the coach who Raducanu has rehired after he unceremoniously left following her 2021 US Open win - would have been a logical move. Spending time on the practice court and honing her game could have paid dividends for the British grass season, where the aggressive brand of tennis she wants to play is more suited to than the clay. Raducanu says she stands by the decision to go to Paris and believes it will ultimately benefit her. "It was always going to be a big ask coming in. I really wanted to play the French, so that was my decision," said Raducanu, who had only lost a set 6-0 once before at a Grand Slam event. "In hindsight, after the two matches I've played, it could have been nice to have saved yourself a match like today. "I didn't necessarily do as well as I'd like to this year. But I think the only way to face - and improve - how I'm feeling is to go through the tough parts, to go through the pain of it, and hopefully come out on the other side better and stronger."
Newsom Declares Emergency In Orange County; EPA Head Says Chemical Tank Will "Likely Fail" The head of the Environmental Protection Administration (EPA) said Sunday that a chemical storage tank in Southern California that has forced officials to declare an emergency and prompted evacuation orders for tens of thousands residents is likely to fail. Lee Zeldin, the administrator of the EPA, told CNN’...
Newsom Declares Emergency In Orange County; EPA Head Says Chemical Tank Will "Likely Fail" The head of the Environmental Protection Administration (EPA) said Sunday that a chemical storage tank in Southern California that has forced officials to declare an emergency and prompted evacuation orders for tens of thousands residents is likely to fail. Lee Zeldin, the administrator of the EPA, told CNN’s “State of the Union” program on Sunday that the “most likely scenario” is a “low-volume release” of the tank, where officials will be able to “monitor, neutralize, and contain the threat.” “The Orange County Fire Authority is working to keep the temperature of the tank down. That is very important,” he said on CNN, referring to the fire department in the Southern California county. He said keeping the temperature under 85 degrees F is key. But, as Jack Phillips reports for The Epoch Times, Zeldin warned: “We’re being told that the tank will fail, but there are different scenarios as to what that means, the most catastrophic scenario being an explosion that results in other tanks to explode . That’s the reason why you see such a big evacuation that’s been done in the surrounding areas.” “You have all levels of government, local, state, federal, working together. EPA has personnel on the ground, air monitors deployed in the local community,” Zeldin also said. “We have been involved in the modeling of different scenarios.” Drones were monitoring temperatures at 10-minute intervals to watch for any spikes and planning was underway to ensure a possible leak could quickly be prevented from spreading into waterways or the ocean, Covey said in a video released online. “Sitting back and allowing these tanks to fail is unacceptable,” Covey said, adding there was no guarantee tanks will not breach and leak. “Our goal is to protect your homes—no damage to them—and protect the environment.” As of Sunday morning, Zeldin said : “This is an emergency response. This isn’t yet an environme...
Oil dropped at the week’s open as the US and Iran edged toward a deal, although President Donald Trump said that Washington’s blockade of the Strait of Hormuz would remain until an agreement was completed. Global crude benchmark Brent fell as much as 4.2% to $99.16 a barrel, after declining more than 5% last week, while West Texas Intermediate was near $92. Trump said in social-media posts he woul...
Oil dropped at the week’s open as the US and Iran edged toward a deal, although President Donald Trump said that Washington’s blockade of the Strait of Hormuz would remain until an agreement was completed. Global crude benchmark Brent fell as much as 4.2% to $99.16 a barrel, after declining more than 5% last week, while West Texas Intermediate was near $92. Trump said in social-media posts he wouldn’t “rush” into a deal, which “ isn’t even fully negotiated yet .” Any final approval of an agreement by both sides may take several days , according to senior US officials. Still, it remains unclear how key differences , including the fate of the Islamic Republic’s nuclear program and Tehran’s calls for sanctions relief, will be addressed in any potential deal. Iran’s semi-official Tasnim news agency said the draft agreement could still collapse because the US was obstructing some key clauses, including Iran’s demand that its assets be unfrozen. Global energy markets have been upended by the crisis, which began in February when the US and Israel attacked Iran. The conflict spread rapidly across the Persian Gulf region, damaging oil-and-gas infrastructure and forcing regional producers to shut in millions of barrels of daily crude supplies. Hormuz — which links the region to world markets — has been subject to a double blockade, with curbs imposed by both Tehran and Washington. A full reopening of Hormuz — which in peacetime typically handled around a fifth of the world’s oil and liquefied natural gas supplies — would be a huge relief for energy importers across Asia, including China , Japan, India and South Korea. Trump has been facing growing domestic political pressure to end the conflict, particularly ahead of the November midterm elections that will determine control of Congress. The war has boosted the cost of fuels, with average US gasoline prices hitting the highest since 2022 this month. Kevin Hassett, President Donald Trump’s chief economic adviser at the White H...
Dr Evan Medeiros is the Penner family chair in Asia studies and the Cling family distinguished fellow in US-China studies at Georgetown University. He has served as the National Security Council’s director for China, Taiwan and Mongolia, and later as special assistant to the president and senior director for Asia. Medeiros was former president Barack Obama’s top adviser on the Asia-Pacific and was...
Dr Evan Medeiros is the Penner family chair in Asia studies and the Cling family distinguished fellow in US-China studies at Georgetown University. He has served as the National Security Council’s director for China, Taiwan and Mongolia, and later as special assistant to the president and senior director for Asia. Medeiros was former president Barack Obama’s top adviser on the Asia-Pacific and was previously a policy adviser to Hank Paulson when he was Treasury secretary. He has also held senior positions at Eurasia Group and the RAND Corporation. This interview first appeared in SCMP Plus . For other interviews in the Open Questions series, click here Advertisement What is your assessment of Donald Trump’s Beijing summit with Xi Jinping, and what will US-China relations look like after the visit? I have been involved in three US-China summits, and more than a dozen US-China leaders’ meetings between 2009 and 2015, and I am confident in stating that these summits tend to reaffirm the underlying power dynamics more than change them. Advertisement The Trump-Xi meeting last week is no different – in fact it is the classic case of both sides using a summit to affirm current dynamics rather than change them. This US-China summit did far more to reflect – not change – the existing power dynamics: a confident, strategically focused China that set the agenda and extracted a valuable framing concession (G2-ish); and a US side that came for trade deals, got soft commitments on purchases that should have been prearranged.
Major earnings expected before the bell on Monday include: LexinFintech Holdings Ltd. ( LX ) For Seeking Alpha's full earnings season calendar, click here .
Major earnings expected before the bell on Monday include: LexinFintech Holdings Ltd. ( LX ) For Seeking Alpha's full earnings season calendar, click here .
Since the start of the artificial intelligence (AI) infrastructure boom, the market has been dominated by Nvidia (NVDA 1.86%). However, as the landscape shifts from training foundational large language models (LLMs) to inference and agentic AI, Advanced Micro Devices (AMD +4.09%) and Broadcom (AVGO 0.10%) are emerging as strong players. Let's look at what each brings to the table and which is the ...
Since the start of the artificial intelligence (AI) infrastructure boom, the market has been dominated by Nvidia (NVDA 1.86%). However, as the landscape shifts from training foundational large language models (LLMs) to inference and agentic AI, Advanced Micro Devices (AMD +4.09%) and Broadcom (AVGO 0.10%) are emerging as strong players. Let's look at what each brings to the table and which is the best stock to buy right now. Nvidia Expand NASDAQ : NVDA Nvidia Today's Change ( -1.86 %) $ -4.09 Current Price $ 215.42 Key Data Points Market Cap $5.2T Day's Range $ 214.84 - $ 221.07 52wk Range $ 132.92 - $ 236.54 Volume 5.8M Avg Vol 171.3M Gross Margin 74.15 % Dividend Yield 0.02 % Nvidia remains the leader in LLM training, and that is unlikely to change. The company created a wide moat in this area with its CUDA software platform, which it planted in early AI research centers, essentially leading most foundational AI code to be written on its software and optimized for its graphics processing units (GPUs). However, the company isn't sitting still when it comes to inference and agentic AI. Its "acquisition" of Groq brought with it language processing units (LPUs) designed specifically for inference, which it has since incorporated into its CUDA ecosystem. Meanwhile, the company is positioning itself as a leader in agentic AI with the introduction of its Vera Rubin central processing units (CPUs). It sees this as a new $200 billion market opportunity, and thinks it can hit $20 billion in CPU revenue this year. Nvidia today is much more than GPUs, it's a complete AI infrastructure solution company. In fact, its fastest-growing business has been its networking portfolio, as it delivers complete AI rack solutions. AMD Expand NASDAQ : AMD Advanced Micro Devices Today's Change ( 4.09 %) $ 18.39 Current Price $ 467.98 Key Data Points Market Cap $762B Day's Range $ 461.78 - $ 481.50 52wk Range $ 108.62 - $ 481.50 Volume 1.5M Avg Vol 38.7M Gross Margin 47.09 % Long an afterthoug...
Key Points Nvidia remains the leader in AI model training, and has positioned itself well for inference and agentic AI. AMD has two massive opportunities emerging with inference and agentic AI. Broadcom's custom chip business is a huge growth driver. 10 stocks we like better than Nvidia › Since the start of the artificial intelligence (AI) infrastructure boom, the market has been dominated by Nvid...
Key Points Nvidia remains the leader in AI model training, and has positioned itself well for inference and agentic AI. AMD has two massive opportunities emerging with inference and agentic AI. Broadcom's custom chip business is a huge growth driver. 10 stocks we like better than Nvidia › Since the start of the artificial intelligence (AI) infrastructure boom, the market has been dominated by Nvidia (NASDAQ: NVDA). However, as the landscape shifts from training foundational large language models (LLMs) to inference and agentic AI, Advanced Micro Devices (NASDAQ: AMD) and Broadcom (NASDAQ: AVGO) are emerging as strong players. Let's look at what each brings to the table and which is the best stock to buy right now. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Nvidia Nvidia remains the leader in LLM training, and that is unlikely to change. The company created a wide moat in this area with its CUDA software platform, which it planted in early AI research centers, essentially leading most foundational AI code to be written on its software and optimized for its graphics processing units (GPUs). However, the company isn't sitting still when it comes to inference and agentic AI. Its "acquisition" of Groq brought with it language processing units (LPUs) designed specifically for inference, which it has since incorporated into its CUDA ecosystem. Meanwhile, the company is positioning itself as a leader in agentic AI with the introduction of its Vera Rubin central processing units (CPUs). It sees this as a new $200 billion market opportunity, and thinks it can hit $20 billion in CPU revenue this year. Nvidia today is much more than GPUs, it's a complete AI infrastructure solution company. In fact, its fastest-growing business has been its networking portfolio, as it delivers complete AI rack solutions. ...
Key Points Nvidia remains the leader in AI model training, and has positioned itself well for inference and agentic AI. AMD has two massive opportunities emerging with inference and agentic AI. Broadcom's custom chip business is a huge growth driver. 10 stocks we like better than Nvidia › Since the start of the artificial intelligence (AI) infrastructure boom, the market has been dominated by Nvid...
Key Points Nvidia remains the leader in AI model training, and has positioned itself well for inference and agentic AI. AMD has two massive opportunities emerging with inference and agentic AI. Broadcom's custom chip business is a huge growth driver. 10 stocks we like better than Nvidia › Since the start of the artificial intelligence (AI) infrastructure boom, the market has been dominated by Nvidia(NASDAQ: NVDA). However, as the landscape shifts from training foundational large language models (LLMs) to inference and agentic AI, Advanced Micro Devices(NASDAQ: AMD) and Broadcom(NASDAQ: AVGO) are emerging as strong players. Let's look at what each brings to the table and which is the best stock to buy right now. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Nvidia Nvidia remains the leader in LLM training, and that is unlikely to change. The company created a wide moat in this area with its CUDA software platform, which it planted in early AI research centers, essentially leading most foundational AI code to be written on its software and optimized for its graphics processing units (GPUs). However, the company isn't sitting still when it comes to inference and agentic AI. Its "acquisition" of Groq brought with it language processing units (LPUs) designed specifically for inference, which it has since incorporated into its CUDA ecosystem. Meanwhile, the company is positioning itself as a leader in agentic AI with the introduction of its Vera Rubin central processing units (CPUs). It sees this as a new $200 billion market opportunity, and thinks it can hit $20 billion in CPU revenue this year. Nvidia today is much more than GPUs, it's a complete AI infrastructure solution company. In fact, its fastest-growing business has been its networking portfolio, as it delivers complete AI rack solutions. AMD...