Nvidia (NVDA) is providing greater clarity into the revenue it expects to see from CPU sales in its current fiscal year. On Thursday, CFO Colette Kress told Yahoo Finance that the company expects to see $20 billion in revenue from the sale of both standalone CPU (central processing unit) servers and CPUs, including in Nvidia’s Grace Blackwell and Vera Rubin superchips. “We now have an opportunity ...
Nvidia (NVDA) is providing greater clarity into the revenue it expects to see from CPU sales in its current fiscal year. On Thursday, CFO Colette Kress told Yahoo Finance that the company expects to see $20 billion in revenue from the sale of both standalone CPU (central processing unit) servers and CPUs, including in Nvidia’s Grace Blackwell and Vera Rubin superchips. “We now have an opportunity to also have what we call a standalone CPU, and selling that,” Kress said during an interview with Yahoo Finance. “We have customers already looking at the opportunity…along with our Vera Rubin and Grace Blackwell together. That together, we believe, for this year, can be a total of $20 billion of CPUs,” she added. Kress’ comments add clarity to CEO Jensen Huang’s statement during the company’s earnings call, noting that standalone CPU sales would bring in $20 billion. All totaled, Huang said the CPU market represents a $200 billion opportunity for Nvidia. According to Kress, CPU-only server customers will largely be similar to those that already purchase the company’s GPU superchip-based systems. “We see this continuing within our full systems and a very big market now for just the standalone as well,” Kress explained. GPUs, graphics processing units, made Nvidia the company it is today thanks to their ability to train and run AI models. Nvidia has offered its own CPUs for years, largely pairing them with its GPUs in its AI servers. The company’s GB300 chips are made up of a single Grace CPU and two Blackwell Ultra GPUs. Likewise, the company’s next-generation Vera Rubin superchips are made up of Vera CPUs and Rubin GPUs. But Nvidia is now breaking out its CPUs and building them into their own standalone servers. The reason? AI agents. Think of AI agents as semi-autonomous and fully autonomous digital helpers that perform tasks like sorting through emails, browsing the web, and organizing your files. While the GPU handles the actual AI model, the AI agent taps into a CPU t...
How can Oscar Health (NYSE: OSCR) , a small insurer in the ACA market, upend the healthcare giants? I sat down with CEO Mark Bertolini to discuss Oscar's growth plans and how it's different from the traditional insurers. In this conversation, we cover how Oscar is playing the role of the underdog, why the network is a differentiator, and how technology plays a role in the consumer experience. *Sto...
How can Oscar Health (NYSE: OSCR) , a small insurer in the ACA market, upend the healthcare giants? I sat down with CEO Mark Bertolini to discuss Oscar's growth plans and how it's different from the traditional insurers. In this conversation, we cover how Oscar is playing the role of the underdog, why the network is a differentiator, and how technology plays a role in the consumer experience. *Stock prices used were end-of-day prices of May 21, 2026. The video was published on May 21, 2026. Continue reading
Guido Mieth/DigitalVision via Getty Images Back in December of last year, I took a fresh look at Third Coast Bancshares ( TCBX ). At that time, I remember being drawn to the business. I liked its asset quality, valuation, and robust balance sheet growth. The firm was also nearing the completion of its merger with Keystone Bancshares, which was valued at $123 million. For a company of its market ca...
Guido Mieth/DigitalVision via Getty Images Back in December of last year, I took a fresh look at Third Coast Bancshares ( TCBX ). At that time, I remember being drawn to the business. I liked its asset quality, valuation, and robust balance sheet growth. The firm was also nearing the completion of its merger with Keystone Bancshares, which was valued at $123 million. For a company of its market capitalization, that was a pretty sizable deal. Today, the business has a market capitalization of $608.9 million. But honestly, that's not as much as I would like it to be. The fact of the matter is that since I called it a "Buy" last year, the stock has dipped 3.1% while the S&P 500 is up about 8%. That return disparity is discouraging and comes at a time that the company is actually doing quite well from a balance sheet and income statement standpoint. Looking at the most recent data available, I continue to see improvements in key areas, though that's not to say that every area has shown expansion. The firm did actually recently report a slight decline in net interest margin. But on the whole, shares are cheap on both an absolute basis and relative to other similar firms. Asset quality is also robust. Given these factors, I believe that maintaining it as a "Buy" makes sense here. Taking another look at Third Coast Bancshares Fundamentally speaking, I have no significant complaints when it comes to Third Coast Bancshares. Take the balance sheet as an example. From the final quarter of 2025 to the first quarter of 2021, deposits exploded higher from $4.63 billion to $5.72 billion. This was fueled largely by the company’s merger with Keystone Bancshares. But still, growth is growth all the same. Even uninsured deposit exposure is impressive. For context, I typically like that no more than 30% of deposits are classified as uninsured. Based on the data provided by management, that number stands at 9.7%. It's not the lowest that I have seen, but it's certainly in the ballpark. ...
Turkey Liquidated Almost All Of Its US Treasuries In March To Defend Crashing Lira Two months ago, at the end of March, we reported that Turkey was aggressively dumping its gold reserves in a panic scramble to obtain dollar funding, which Erdogan's regime was using to keep the Turkish lira from crashing, and to also pay for energy imports which had suddenly soared in price as a result of the Iran ...
Turkey Liquidated Almost All Of Its US Treasuries In March To Defend Crashing Lira Two months ago, at the end of March, we reported that Turkey was aggressively dumping its gold reserves in a panic scramble to obtain dollar funding, which Erdogan's regime was using to keep the Turkish lira from crashing, and to also pay for energy imports which had suddenly soared in price as a result of the Iran war. The violent selling by Turkey (and other emerging markets) was behind the brutal plunge in gold prices, which tumbled by more than $1000 from near all-time highs at the start of the war to the low 4000s by the time Turkey had done selling much of its gold. Then earlier this week , we got another confirmation of Turkey's wild liquidation spree when the latest central bank data showed that Turkey’s foreign reserves had their biggest monthly decline on record in March , as the Iran war triggered global selloffs in emerging market assets and strained the lira. According to balance-of-payments data, Turkey's official reserves cratered by $43.4 billion in March. Part of the decline reflected state intervention to offset portfolio outflows. The current-account deficit, meanwhile, widened to $9.7 billion in March from $7.3 billion in February as a result of soaring commodity prices. A major energy importer, Turkey has been hit hard by higher oil and gas prices caused by the effective closing of the Strait of Hormuz and the resulting disruptions to world supplies of crude and refined products. Meanwhile, global banks have started changing their formerly favorable outlook on the lira, citing the exploding current-account deficit. Should inflation pressures persist, Turkey will have no choice but to pursue another accelerated devaluation of the Turkish lira. “As international institutions continue to raise their average oil price forecasts for 2026, disruptions in supply chains and ongoing regional tensions — and their potential negative impact on transportation and tourism reven...
Valued at only $2.2 billion in market capitalization, Quantum Computing (QUBT +15.48%) stock may have the best name in the quantum computing industry -- but it's still one of the smaller stocks in this industry. Despite what you may be seeing happen with the stock price today, however, I fear Quantum Computing may be destined to stay small. Shares of Quantum Computing leapt 16% through 11:05 a.m. ...
Valued at only $2.2 billion in market capitalization, Quantum Computing (QUBT +15.48%) stock may have the best name in the quantum computing industry -- but it's still one of the smaller stocks in this industry. Despite what you may be seeing happen with the stock price today, however, I fear Quantum Computing may be destined to stay small. Shares of Quantum Computing leapt 16% through 11:05 a.m. ET Thursday morning, after The Wall Street Journal reported the Trump Administration plans to award $2 billion in grants to nine quantum computing companies and take equity stakes to secure its investment in each. Money for thee, but not for me That sounds like good news, but here's the thing: Quantum Computing is not one of these nine companies. Instead of giving money to Quantum Computing, the Trump Administration will award $100 million each to its rivals D-Wave Quantum (QBTS +24.04%), Infleqtion (INFQ +33.09%), and Rigetti Computing (RGTI +24.11%), $375 million to Globalfoundries (GFS +9.93%), and a cool $1 billion to International Business Machines (IBM +7.72%)! A handful of privately owned companies will split the remainder of the $2 billion. And Quantum Computing itself will get none. Expand NASDAQ : QUBT Quantum Computing Today's Change ( 15.48 %) $ 1.48 Current Price $ 11.04 Key Data Points Market Cap $2.2B Day's Range $ 10.32 - $ 11.29 52wk Range $ 6.18 - $ 25.84 Volume 1.6M Avg Vol 16M Gross Margin -15399.17 % What does this mean for Quantum Computing stock? So how is this good news for Quantum Computing stock, if it's getting no money, and everyone else is getting a lot of money -- plus backing from the U.S. government that will give it an interest in seeing Quantum Computing's rivals succeed (and perhaps that Quantum Computing fails)? I honestly don't see any logic in investors buying Quantum Computing stock on this news. With analysts still expecting the stock to lose money for years, it may be time to sell.
"The Met's financial position is well known – in the year ahead we face a £125m funding shortfall. To help meet that deficit we face reducing our workforce by 1,150 posts. The technology we want to introduce is crucial to maintaining our service to London while shrinking for the third consecutive year.
"The Met's financial position is well known – in the year ahead we face a £125m funding shortfall. To help meet that deficit we face reducing our workforce by 1,150 posts. The technology we want to introduce is crucial to maintaining our service to London while shrinking for the third consecutive year.
Micron Technology, Inc.MU and Advanced Micro Devices, Inc.AMD are two of the biggest beneficiaries of the artificial intelligence (AI) infrastructure boom. While AMD powers AI systems with its EPYC server CPUs (central processing units) and Instinct GPUs (graphics processing units), MU supplies the high-bandwidth memory (HBM), DRAM and NAND storage solutions that are critical for running AI worklo...
Micron Technology, Inc.MU and Advanced Micro Devices, Inc.AMD are two of the biggest beneficiaries of the artificial intelligence (AI) infrastructure boom. While AMD powers AI systems with its EPYC server CPUs (central processing units) and Instinct GPUs (graphics processing units), MU supplies the high-bandwidth memory (HBM), DRAM and NAND storage solutions that are critical for running AI workloads. While both companies are seeing strong momentum from AI-led semiconductor spending, their growth potential, profitability and valuation levels are beginning to diverge. Amid this scenario, investors must be wondering which semiconductor stock offers the better risk-reward opportunity in the current AI cycle. Micron: Riding the AI Memory Supercycle Micron Technology is currently benefiting from one of the strongest memory cycles in years, driven largely by explosive AI-related demand. The company delivered exceptional second-quarter fiscal 2026 results, wherein revenues soared 196% year over year to $23.86 billion, while adjusted earnings per share (EPS) jumped 682% to $12.20. The memory chipmaker noted record revenues across DRAM, NAND and HBM products as AI demand continues to outpace industry supply. A major strength for Micron Technology is its leadership in HBM4 and advanced DRAM technologies. The company has already begun volume shipments of HBM4 for NVIDIA’s Vera Rubin platform and expects faster yield ramps than prior generations. Micron Technology also sees strong growth opportunities in AI servers, where memory content per system is increasing rapidly. During the second quarter earnings call, management noted that AI and traditional server demand are both constrained by insufficient DRAM and NAND supply, creating a favorable pricing environment. Micron Technology’s long-term prospects remain strong. The company is ramping its industry-leading 1-gamma DRAM node and G9 NAND technology, which should support margin expansion and cost efficiency over time. In addit...
This article first appeared on GuruFocus. Advanced Micro Devices (NASDAQ:AMD) announced plans to invest more than $10 billion across Taiwan's AI ecosystem, in a move aimed at scaling advanced packaging capacity and accelerating next-generation AI infrastructure deployment. The investment was framed around expanding partnerships with Taiwan-based manufacturers including ASE (3711), SPIL, PTI (6239)...
This article first appeared on GuruFocus. Advanced Micro Devices (NASDAQ:AMD) announced plans to invest more than $10 billion across Taiwan's AI ecosystem, in a move aimed at scaling advanced packaging capacity and accelerating next-generation AI infrastructure deployment. The investment was framed around expanding partnerships with Taiwan-based manufacturers including ASE (3711), SPIL, PTI (6239), and multiple substrate and ODM providers. AMD shares dropped 2.07% in premarket. The investment is focused on scaling 2.5D and panel-based packaging architectures, including Elevated Fanout Bridge (EFB) technology designed to increase interconnect bandwidth and improve power efficiency in high-performance compute systems. These packaging advances are positioned as enabling AMD's 6th Gen EPYC CPUs, codenamed Venice, alongside Instinct MI450X GPUs and rack-scale systems under the Helios platform. The company said Helios-based systems are on track for multi-gigawatt deployments beginning in the second half of 2026. Chair and CEO Lisa Su said: As AI adoption accelerates, our global customers are rapidly scaling AI infrastructure to meet growing compute demand.
Advanced Micro Devices AMD announced plans to invest more than $10 billion across Taiwan's AI ecosystem, in a move aimed at scaling advanced packaging capacity and accelerating next-generation AI infrastructure deployment. The investment was framed around expanding partnerships with Taiwan-based manufacturers including ASE (3711), SPIL, PTI (6239), and multiple substrate and ODM providers. AMD sha...
Advanced Micro Devices AMD announced plans to invest more than $10 billion across Taiwan's AI ecosystem, in a move aimed at scaling advanced packaging capacity and accelerating next-generation AI infrastructure deployment. The investment was framed around expanding partnerships with Taiwan-based manufacturers including ASE (3711), SPIL, PTI (6239), and multiple substrate and ODM providers. AMD shares dropped 2.07% in premarket. The investment is focused on scaling 2.5D and panel-based packaging architectures, including Elevated Fanout Bridge (EFB) technology designed to increase interconnect bandwidth and improve power efficiency in high-performance compute systems. These packaging advances are positioned as enabling AMD's 6th Gen EPYC CPUs, codenamed Venice, alongside Instinct MI450X GPUs and rack-scale systems under the Helios platform. The company said Helios-based systems are on track for multi-gigawatt deployments beginning in the second half of 2026. Chair and CEO Lisa Su said: As AI adoption accelerates, our global customers are rapidly scaling AI infrastructure to meet growing compute demand.
(This is The Best Stocks in the Market , brought to you by Josh Brown and Sean Russo of Ritholtz Wealth Management.) Josh — Trading profits in equities, fixed income, commodities and currencies come and go on Wall Street. They're a helpful contributor to the bulge brackets' earnings per share, but they do nothing for the multiple. Because everyone knows that trading profits are ephemeral. They can...
(This is The Best Stocks in the Market , brought to you by Josh Brown and Sean Russo of Ritholtz Wealth Management.) Josh — Trading profits in equities, fixed income, commodities and currencies come and go on Wall Street. They're a helpful contributor to the bulge brackets' earnings per share, but they do nothing for the multiple. Because everyone knows that trading profits are ephemeral. They can fall or even reverse into losses at any time. As Frank Sinatra explains, "That's life. That's what all the people say. You're riding high in April, shot down in May." So when you think of Morgan Stanley , I want you to think of two things - investment banking and wealth. Those are the twin engines of the company's renaissance over the last two decades since the financial crisis. They're the two businesses that Morgan Stanley does as well as or better than any other player in the world. The benefits of an explosive (and long-duration) bull market for a top-tier investment bank are obvious. All this frenetic activity in underwriting, capital raising, IPOs, secondaries, mergers and acquisitions, private equity and debt deals, etc. — the opportunities have been endless and don't require much explanation. On the Wealth side, Morgan Stanley's shrewdness may not be as readily apparent to the outside observer. Under former CEO James Gorman, the company integrated its massive Smith Barney takeover and then set about acquiring businesses that would do the most important thing in the industry: make it rain. Having thousands of financial advisors cold-calling to find their next one or two clients is cute. Having millions of customers for other services flood into the Morgan Stanley machine and then be connected to financial advisors from inside the firm, well that's just genius. Morgan Stanley's internal referral machine is literally on fire. Over the past five years, Morgan Stanley's wealth management business has pulled in more than $1.6 trillion in net new assets and doubled its fe...
Optimum Communications Inc. , formerly known as Altice USA, is negotiating a new financing deal that could dilute the collateral backing its existing debt, potentially escalating a feud with a group of creditors it sued last year. The struggling telecom company is speaking to investment firms outside of an existing lender alliance regarding the potential financing, according to people familiar wit...
Optimum Communications Inc. , formerly known as Altice USA, is negotiating a new financing deal that could dilute the collateral backing its existing debt, potentially escalating a feud with a group of creditors it sued last year. The struggling telecom company is speaking to investment firms outside of an existing lender alliance regarding the potential financing, according to people familiar with the matter. The new money would be issued through a so-called unrestricted subsidiary, a corporate unit that’s free to borrow often by stripping collateral from existing lenders, the people said, asking not to be identified discussing private information. Representatives for Optimum didn’t immediately respond to requests for comment while its adviser White & Case didn’t have an immediate comment. The deal isn’t final and the plans could still change. The negotiations mark the latest chapter in a months-long legal battle between the US unit of billionaire Patrick Drahi ’s global telecom empire and its creditors. Optimum sued lenders including Apollo Capital Management, Ares Management and BlackRock Financial Management in November, alleging the alliance they formed — a so-called cooperation pact — effectively froze the company out of the US credit market. Lenders have asked for the lawsuit to be thrown out. Around that time, Optimum obtained a $2 billion loan from JPMorgan Chase & Co. , which carried some of the strictest investor safeguards in its capital structure. But the borrowing was backed by collateral stripped from existing creditors, elevating JPMorgan’s position in the repayment hierarchy, Moody’s Ratings said in a December report. Read More: Altice USA’s Co-Op Busting Loan Starts to Attract Investors In January, JPMorgan provided Optimum with an additional roughly $1.1 billion to refinance at par an asset backed facility it got from Goldman Sachs Group Inc. and TPG Angelo Gordon before a premium kicked in — a move aimed at potentially soothing creditors reeling ...