Autonomous cars will need 300 gigabytes of DRAM or more, and robots will need similar quantities, leading memory-maker Micron Technology to predict it has a long and happy future ahead of it. The company on Wednesday announced its results for the second quarter of 2026, and reported revenue of $23.86 billion, almost triple the $8.053 billion it posted for Q2 2025. The result represented a $10.3 bi...
Autonomous cars will need 300 gigabytes of DRAM or more, and robots will need similar quantities, leading memory-maker Micron Technology to predict it has a long and happy future ahead of it. The company on Wednesday announced its results for the second quarter of 2026, and reported revenue of $23.86 billion, almost triple the $8.053 billion it posted for Q2 2025. The result represented a $10.3 billion revenue jump from the previous quarter. Net income reached $13.8 billion, rather better than the $1.58 billion from the same quarter in 2025. CEO Sanjay Mehrotra attributed those results to “an increase in memory demand driven by AI, structural supply constraints and Micron’s strong execution across the board.” The company is milking this for all it’s worth. Mehrotra said Micron is now signing “strategic customer agreements” that differ from its previous long-term agreements because they involve “specific commitments over a multi-year time horizon for improved visibility and stability in our business model.” The company has signed one of the new agreements covering five years, and is pushing for others with the argument they help customers to plan their affairs, too. The CEO also said Micron’s efforts to bring new manufacturing processes online will deliver later this year, and help the company to boost output by 20 percent. Mehrotra sees a blip in the PC and smartphone markets, in which he said device shipments may “decline in the low double-digits percentage range” this year, due to memory shortages. But he sees long-term upside in both classes of device. “Over time, we expect the value of on-device AI to drive strong memory content growth in PCs and smartphones,” he said. “We see an unprecedented set of opportunities for memory and storage to enable the AI era across market segments and expect to meaningfully increase our R&D investments in fiscal 2027.” Some of that research will go towards exploration of high-bandwidth flash memory (HBF), a proposed new memory ti...
Just_Super/iStock via Getty Images Quantum Computing Inc. ( QUBT ) is one of the several public companies going after the significant opportunity around quantum. I firmly believe there remains a significant long-term secular growth story; however, stock actions are likely to stay volatile for the foreseeable future. I have previously published on QUBT , outlining my Hold rating, which primarily hi...
Just_Super/iStock via Getty Images Quantum Computing Inc. ( QUBT ) is one of the several public companies going after the significant opportunity around quantum. I firmly believe there remains a significant long-term secular growth story; however, stock actions are likely to stay volatile for the foreseeable future. I have previously published on QUBT , outlining my Hold rating, which primarily hinges around the massive disconnect between fundamentals and reality. As discussed more in the Valuation section, this type of dislocation is expected - to some degree - when it comes to speculative assets. Data by YCharts After a lengthy period of dormant activity, QUBT, and quantum stocks in general, gained significant life in late 2024 and throughout 2025. Much of this was driven by excessive investor optimism and hype around quantum advancements and what this could potentially mean for revenue generation. With the pace of fundamental growth not keeping pace with investor bullishness, a stock correction was almost inevitable. Fast forward to today, the stock remains under pressure as the pace of advancements has not fully supported the valuation. However, the company's much improved balance sheet liquidity and prospects of more meaningful revenue in 2026 make this a more attractive speculative investment. Even with cash burn continuing to increase, the recent updates from last quarter should give the company plenty of runway for investments while maintaining an adequate liquidity position. Financial and Operating Update QUBT recently reported their Q4 financial results , which I believe continue to show a disconnect between fundamentals and the stock price. To be clear, the fundamentals at this point in the company's life cycle should not be the main focal point. Sure, over a longer time horizon the company will need to deliver on revenue expansion and profitability, but for now, the focus should be on operational improvements and maintaining a strong balance sheet. Quant...
blackdovfx/iStock via Getty Images Digital Ocean: A somewhat unique strategy and a somewhat unique AI infrastructure investment This is an article recommending the purchase of shares of DigitalOcean for long-term growth investors. I will say at the outset, if a potential reader believes that AI is a bubble, a chimera or a blown-up fantasy this is not the article for you. I think AI opportunities a...
blackdovfx/iStock via Getty Images Digital Ocean: A somewhat unique strategy and a somewhat unique AI infrastructure investment This is an article recommending the purchase of shares of DigitalOcean for long-term growth investors. I will say at the outset, if a potential reader believes that AI is a bubble, a chimera or a blown-up fantasy this is not the article for you. I think AI opportunities are as real as can be and that capital will be found to support the creation of the infrastructure required to run the applications that make AI such a revolution in the workplace and beyond. In my view, a lesser known cloud provider, DigitalOcean ( DOCN ) is likely to prove to be a worthwhile investment in the space that is currently lesser known. That said, its recent valuation spike suggets the company is getting better known by frowth investors on an accelerated basis. The company has spent the last 2+ years transforming itself. This transformation has included the development of a full-stack AI solution focused on providing optimized inferencing capabilities. In addition, the transformation has included recruiting a new management team , ramping its capacity and focusing on its selling capacity to its larger digital native customers. I don’t want to suggest that some of this is unknown. Currently as of today (March 18 at market close) the shares are up by more than 21% in the last week, and up by more than 71% year-to-date. Digital Ocean has both a very visible challenge and an equally visible opportunity. The challenge is that it is a pigmy in a land of giants. The basic answer is a very specific strategy and focus best expressed in this quote from the CEO’s conference call script. Second, we are on the right side of software disruption driven by AI. Modern cloud and AI native companies are going after large markets with disruptive AI-centric software innovation. They are increasingly choosing DigitalOcean as their natural platform to build and scale their agentic AI s...
KUALA LUMPUR (March 19): A RM30 billion investment by Intel Corporation in an advanced semiconductor packaging facility in Malaysia is seen as a key driver for the next phase of the country’s chip industry, said the chairman of the Malaysian Investment Development Authority (Mida). Tengku Datuk Seri Zafrul Abdul Aziz said the initiative will go beyond the significance of the cumulative RM49.3 bill...
KUALA LUMPUR (March 19): A RM30 billion investment by Intel Corporation in an advanced semiconductor packaging facility in Malaysia is seen as a key driver for the next phase of the country’s chip industry, said the chairman of the Malaysian Investment Development Authority (Mida). Tengku Datuk Seri Zafrul Abdul Aziz said the initiative will go beyond the significance of the cumulative RM49.3 billion investment made by the American multinational technology company in the country over more than five decades. “In 54 years in Malaysia, Intel has invested RM49.3 billion — and continues to grow. The current focus — a RM30 billion investment in an advanced semiconductor packaging facility that is nearly complete and expected to begin operations this year,” he wrote in a post on the X platform on Thursday. Tengku Zafrul stressed that the priority now is to ensure Malaysia fully leverages the investment to expand a high-value industrial ecosystem. “This is not just an investment. This is about opportunities for our people — high-value jobs, future skills, and a role in the global chip industry,” he said. Malaysia now faces an important choice: whether to remain a technology consumer or emerge as a country capable of creating its own technology, he added.
Micron Technology (MU) slipped notably after market close on March 18, even though the memory chips specialist posted a blowout quarter featuring a nearly 200% year-on-year increase in revenue to $23.86 billion. And while this weakness is being attributed primarily to the firm’s warning that capex will step up “meaningfully” this year, part of it is actually related to an attack on Qatar’s energy ...
Micron Technology (MU) slipped notably after market close on March 18, even though the memory chips specialist posted a blowout quarter featuring a nearly 200% year-on-year increase in revenue to $23.86 billion. And while this weakness is being attributed primarily to the firm’s warning that capex will step up “meaningfully” this year, part of it is actually related to an attack on Qatar’s energy infrastructure, specifically the Ras Laffan industrial complex, amidst continued escalations between the US and Iran. While Qatar is known predominantly for Liquefied Natural Gas (LNG), its role as a “linchpin” in the global helium supply chain is what makes the attack a direct bearish catalyst for Micron stock. Significance of Qatar’s energy sector for Micron stock Contrary to popular belief, helium isn’t just for balloons; it’s a “critical” industrial gas used to cool silicon wafers during the fabrication process and to maintain the ultra-clean environments required for lithography. As of writing, Qatar accounts for roughly one-third of the world’s helium production, and there’s no viable chemical substitute for helium – a byproduct of natural gas extraction – in semiconductor manufacturing. Typically, most chipmakers maintain roughly two to six weeks of helium inventory. But with the Ras Laffan complex now offline, the industry is entering a “critical window” where supply shortages could force production slowdowns. It’s this fear that’s contributing to pressure on MU shares in after-hours. A potential hit to margins could hurt MU shares in 2026 What’s also worth mentioning is that shifting helium supply from Qatar to the US or Australia isn’t a viable alternative either because the financial impact of the Ras Laffan incident is twofold. For starters, industry experts believe spot helium prices could as much as “triple” as a result of the aforementioned attack, which in itself is a major risk for the semiconductor space. Additionally, however, since fabrication is incredi...
New information is hinting at a Zen 5 refresh with the new Ryzen 7 9750X and Ryzen 5 9650X CPUs to increase frequencies and TDP rating. TL;DR: AMD plans to launch refreshed Zen 5 Ryzen 9000 Series CPUs, the Ryzen 7 9750X and Ryzen 5 9650X, featuring higher base and boost clock speeds and increased 120W TDP compared to their predecessors, while maintaining 32MB L3 cache and AM5 socket compatibility...
New information is hinting at a Zen 5 refresh with the new Ryzen 7 9750X and Ryzen 5 9650X CPUs to increase frequencies and TDP rating. TL;DR: AMD plans to launch refreshed Zen 5 Ryzen 9000 Series CPUs, the Ryzen 7 9750X and Ryzen 5 9650X, featuring higher base and boost clock speeds and increased 120W TDP compared to their predecessors, while maintaining 32MB L3 cache and AM5 socket compatibility. Pricing and availability remain unannounced. AMD is currently prepping to release a pair of new Zen 5-powered Ryzen 9000 Series desktop CPU refreshes, according to new information from insider 'chi11eddog' on social media. The Ryzen 7 9750X and the Ryzen 5 9650X will reportedly increase both clock speeds and power draw (TDP) compared to their baseline models. And as these are non-X3D models, they'll utilize the standard 32 MB on-die L3 cache. 2 VIEW GALLERY - 2 IMAGES Looking at the Ryzen 7 9750X, an 8-core, 16-thread processor, it gets a Base Frequency increase from 3.8 GHz on the Ryzen 7 9700X to 4.2 GHz. Likewise, the Max. Boost Frequency is also increasing from 5.5 GHz on the Ryzen 7 9700X to 5.6 GHz on the new Ryzen 7 9750X. This overclocked Ryzen 7 9750X, so to speak, also raises the TDP to 120W, a notable increase over the Ryzen 7 9700X's 65W TDP. It's a similar situation for the Ryzen 5 9650X, a 6-core, 12-thread processor. It's also getting a Base Frequency and Max. Boost Frequency increase compared to the Ryzen 5 9600X, going from 3.9 GHz to 4.3 GHz and 5.4 GHz to 5.5 GHz, respectively. It also sees its TDP increase to 120W. Read more: AMD announces Ryzen Embedded 9000 Series processors with seven years of reliability Here's a look at the Ryzen 7 9750X and the Ryzen 5 9650X refresh specs compared to current models. There's no word on pricing or availability, so stay tuned on that front.
The merger between HDFC Bank and HDFC now makes the entity the world's fourth largest bank. Nurphoto | Nurphoto | Getty Images Shares of India's HDFC Bank slid 5% Thursday after Atanu Chakraborty, its part‑time chairman, resigned after flagging governance and ethical concerns within the institution. During an investor call on Thursday, interim part‑time chairman, Keki Mistry said that Chakraborty ...
The merger between HDFC Bank and HDFC now makes the entity the world's fourth largest bank. Nurphoto | Nurphoto | Getty Images Shares of India's HDFC Bank slid 5% Thursday after Atanu Chakraborty, its part‑time chairman, resigned after flagging governance and ethical concerns within the institution. During an investor call on Thursday, interim part‑time chairman, Keki Mistry said that Chakraborty had not provided the board with any evidence or details of the alleged unethical practices. "Certain happenings and practices within the bank, that I have observed over last two years, are not in congruence with my personal Values and Ethics," Chakraborty said in his resignation letter. Foreign institutional investors own over 47% stake in India's largest private sector lender. The Government of Singapore and Norway's Government Pension Fund Global are among the top foreign investors in HDFC Bank, owning nearly 2.3% and over 1.2% stake, respectively. The middle and junior levels of the organization should "form the core of a reimaged organization," Chakraborty said in his resignation letter dated March 17, which was submitted to HDFC Bank during late market hours Wednesday. Mistry's appointment is a "strong firefighting move," said Deven Choksey, founder and managing director of wealth management firm DRChoksey FinServ, in a note on Thursday. He warned that HDFC shares may see "significant selling pressure," advising investors to avoid "bottom‑fishing" until governance concerns are addressed. HDFC Bank and India's banking system regulator, Reserve Bank of India, did not immediately respond to emails seeking comment. As of Wednesday, HDFC Bank's market cap stood at 13.08 trillion rupees ($140 billion), higher than the 9.95 trillion‑rupee valuation of State Bank of India, the country's largest public-sector lender, according to LSEG data. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
Ramberg/E+ via Getty Images Australia’s seasonally adjusted unemployment rate rose to 4.3% in February 2026, exceeding both the 4.1% forecast and levels seen in the previous two months. This marked the highest reading since November, as the number of unemployed increased by 35K to a three-month high of 659.1K from 624.2K in January. More on Australia EWA: Australian Financials May Struggle With A ...
Ramberg/E+ via Getty Images Australia’s seasonally adjusted unemployment rate rose to 4.3% in February 2026, exceeding both the 4.1% forecast and levels seen in the previous two months. This marked the highest reading since November, as the number of unemployed increased by 35K to a three-month high of 659.1K from 624.2K in January. More on Australia EWA: Australian Financials May Struggle With A Flattening Yield Curve EWA: Potentially Range Bound, Given The Mix Of Tailwinds And Headwinds Odds of ECB rate hike rise amid Iran conflict-driven oil shock Reserve Bank of Australia delivers back-to-back cash rate hikes to 4.1% at its March 2026 meeting Seeking Alpha’s Quant Rating on iShares MSCI Australia ETF
香港貿發局舉辦研討會 討論香港在「十五五」規劃的機遇 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】香港貿發局在北京舉辦研討會，討論香港在「十五五」規劃的機遇。財政司司長陳茂波在會上致辭時，建議工商界從三方面把握...
香港貿發局舉辦研討會 討論香港在「十五五」規劃的機遇 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】香港貿發局在北京舉辦研討會，討論香港在「十五五」規劃的機遇。財政司司長陳茂波在會上致辭時，建議工商界從三方面把握國家發展機遇。 研討會由貿發局主辦，聚焦討論香港在「十五五」規劃的機遇，以及內地港商如何參與「十五五」各領域的新發展。貿發局主席馬時亨致辭時強調，香港要以「趕考」的精神對接「十五五」規劃，「我們鼓勵、動員香港的企業，好好學習『十五五』、研究『十五五』，把國家的發展轉化成為企業的發展，行動起來。」 財政司司長陳茂波在會上發表主旨演講，指香港主動對接十五五規劃是使命和責任，亦為香港開創歷史性新機遇。「我們繼續是海外投資者進入內地的首選的平台和通道。在當前充滿不確定性的國際環境中，我國是國際資金和投資者提供穩定、安全、政策可預期，以及充滿機遇的投資環境。香港的商界熟悉內地市場，此外在CEPA下的優惠待遇，以及金融市場的互聯互通，讓香港成為外資進入內地市場的理想通道。」 他又提議工商界從三方面把握國家發展機遇，包括貢獻國家現代化產業體系建設，支持國家擴大高水平雙向開放等。陳茂波之後會出席中國發展高層論壇，以及主持內地與香港經貿合作委員會第八次會議，23日下午啟程回港。
Silver and gold are commodities with a long history of volatility. Over the past couple of years, both of these precious metals have been trending higher, but silver has recently pulled back quite sharply. That decline has taken SSR Mining (SSRM 8.71%) along for the ride. Here's what you need to know before you buy this precious metals miner amid its recent dip. What does SSR Mining do? SSR Mining...
Silver and gold are commodities with a long history of volatility. Over the past couple of years, both of these precious metals have been trending higher, but silver has recently pulled back quite sharply. That decline has taken SSR Mining (SSRM 8.71%) along for the ride. Here's what you need to know before you buy this precious metals miner amid its recent dip. What does SSR Mining do? SSR Mining bills itself as the third largest U.S. gold producer. Gold made up roughly 70% of the company's revenues in 2025. However, the company also produces a lot of silver, which made up 24% of revenues last year. So while gold is clearly the more important metal, silver is a significant player, too. Prior to a recent pullback, silver was the "hotter" metal, with its price rising far more than gold's. In fact, even after the pullback, silver is still up more than gold over the past year. Investors have been keen to find ways to participate in silver's strong run, with many turning to SSR Mining and its silver exposure as a way to do that. This helps explain why SSR Mining's stock price has been tracking more closely with silver prices than with gold prices. The recent pullback in SSR Mining's shares is simply a consequence of its silver exposure. Should you buy SSR Mining on its pullback? Given how closely SSR Mining's stock has been tracking silver prices, investors should buy only if they believe silver will resume its upward climb. That, however, is a hard call to make, given the metal's historical volatility, which tends to go through even more dramatic price swings than gold. In fact, after such a large run for silver and SSR Mining's stock, which is still higher by more than 150% over the past 12 months, caution is probably advisable. SSR Mining isn't a bad business, but investor sentiment may be driving the stock more than its fundamentals right now. Which is, perhaps, unfortunate, because SSR Mining is using the cash flows it is generating from high gold and silver prices...
Key Points Silver prices have pulled back notably from their recent highs. SSR Mining's price decline has tracked along with silver's decline. 10 stocks we like better than SSR Mining › Silver and gold are commodities with a long history of volatility. Over the past couple of years, both of these precious metals have been trending higher, but silver has recently pulled back quite sharply. That dec...
Key Points Silver prices have pulled back notably from their recent highs. SSR Mining's price decline has tracked along with silver's decline. 10 stocks we like better than SSR Mining › Silver and gold are commodities with a long history of volatility. Over the past couple of years, both of these precious metals have been trending higher, but silver has recently pulled back quite sharply. That decline has taken SSR Mining (NASDAQ: SSRM) along for the ride. Here's what you need to know before you buy this precious metals miner amid its recent dip. What does SSR Mining do? SSR Mining bills itself as the third largest U.S. gold producer. Gold made up roughly 70% of the company's revenues in 2025. However, the company also produces a lot of silver, which made up 24% of revenues last year. So while gold is clearly the more important metal, silver is a significant player, too. 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 » Prior to a recent pullback, silver was the "hotter" metal, with its price rising far more than gold's. In fact, even after the pullback, silver is still up more than gold over the past year. Investors have been keen to find ways to participate in silver's strong run, with many turning to SSR Mining and its silver exposure as a way to do that. This helps explain why SSR Mining's stock price has been tracking more closely with silver prices than with gold prices. The recent pullback in SSR Mining's shares is simply a consequence of its silver exposure. Should you buy SSR Mining on its pullback? Given how closely SSR Mining's stock has been tracking silver prices, investors should buy only if they believe silver will resume its upward climb. That, however, is a hard call to make, given the metal's historical volatility, which tends to go through even more dramatic price swings than gold...
Micron Technology (MU) slipped notably after market close on March 18, even though the memory chips specialist posted a blowout quarter featuring a nearly 200% year-on-year increase in revenue to $23.86 billion. And while this weakness is being attributed primarily to the firm’s warning that capex will step up “meaningfully” this year, part of it is actually related to an attack on Qatar’s energy ...
Micron Technology (MU) slipped notably after market close on March 18, even though the memory chips specialist posted a blowout quarter featuring a nearly 200% year-on-year increase in revenue to $23.86 billion. And while this weakness is being attributed primarily to the firm’s warning that capex will step up “meaningfully” this year, part of it is actually related to an attack on Qatar’s energy infrastructure, specifically the Ras Laffan industrial complex, amidst continued escalations between the US and Iran. While Qatar is known predominantly for Liquefied Natural Gas (LNG), its role as a “linchpin” in the global helium supply chain is what makes the attack a direct bearish catalyst for Micron stock. Significance of Qatar’s energy sector for Micron stock Contrary to popular belief, helium isn’t just for balloons; it’s a “critical” industrial gas used to cool silicon wafers during the fabrication process and to maintain the ultra-clean environments required for lithography. As of writing, Qatar accounts for roughly one-third of the world’s helium production, and there’s no viable chemical substitute for helium – a byproduct of natural gas extraction – in semiconductor manufacturing. Typically, most chipmakers maintain roughly two to six weeks of helium inventory. But with the Ras Laffan complex now offline, the industry is entering a “critical window” where supply shortages could force production slowdowns. It’s this fear that’s contributing to pressure on MU shares in after-hours. A potential hit to margins could hurt MU shares in 2026 What’s also worth mentioning is that shifting helium supply from Qatar to the US or Australia isn’t a viable alternative either because the financial impact of the Ras Laffan incident is twofold. For starters, industry experts believe spot helium prices could as much as “triple” as a result of the aforementioned attack, which in itself is a major risk for the semiconductor space. Additionally, however, since fabrication is incredi...
jetcityimage Elon Musk said late on Wednesday that his companies SpaceX AI ( SPACE ) ( X.AI ) and Tesla ( TSLA ) expect to continue ordering Nvidia ( NVDA ) chips at scale. “I am a huge admirer of Nvidia and Jensen,” Musk said. Tesla is designing its fifth-generation AI chip to power its autonomous ambitions. The chips power Tesla's autonomous driving systems, including the full self-driving s...
jetcityimage Elon Musk said late on Wednesday that his companies SpaceX AI ( SPACE ) ( X.AI ) and Tesla ( TSLA ) expect to continue ordering Nvidia ( NVDA ) chips at scale. “I am a huge admirer of Nvidia and Jensen,” Musk said. Tesla is designing its fifth-generation AI chip to power its autonomous ambitions. The chips power Tesla's autonomous driving systems, including the full self-driving software. In a separate post on X, Musk said that the AI5 chip can be used for training in data centers but is primarily optimized for AI edge compute in humanoid robot Optimus and Robotaxi. " "There is still significant room for improvement. In the same half reticle and same process node, we think a single AI6 chip has the potential to match a dual SoC AI5," he added. @elonmusk Elon Musk’s rocket maker SpaceX has acquired artificial intelligence startup xAI in a deal that will value the company at $1.25 trillion. More on Nvidia, SpaceX, etc. Nvidia: History Says This Ends Badly Tesla: Priced For Perfection In An Imperfect Reality NVIDIA Corporation (NVDA) Shareholder/Analyst Call Transcript Nvidia partners with Qnity to identify advanced materials for semiconductors Morgan Stanley sees a flywheel effect for Tesla's robotaxi business
jetcityimage Elon Musk said late on Wednesday that his companies SpaceX AI ( SPACE ) ( X.AI ) and Tesla ( TSLA ) expect to continue ordering Nvidia ( NVDA ) chips at scale. “I am a huge admirer of Nvidia and Jensen,” Musk said. Tesla is designing its fifth-generation AI chip to power its autonomous ambitions. The chips power Tesla's autonomous driving systems, including the full self-driving s...
jetcityimage Elon Musk said late on Wednesday that his companies SpaceX AI ( SPACE ) ( X.AI ) and Tesla ( TSLA ) expect to continue ordering Nvidia ( NVDA ) chips at scale. “I am a huge admirer of Nvidia and Jensen,” Musk said. Tesla is designing its fifth-generation AI chip to power its autonomous ambitions. The chips power Tesla's autonomous driving systems, including the full self-driving software. In a separate post on X, Musk said that the AI5 chip can be used for training in data centers but is primarily optimized for AI edge compute in humanoid robot Optimus and Robotaxi. " "There is still significant room for improvement. In the same half reticle and same process node, we think a single AI6 chip has the potential to match a dual SoC AI5," he added. @elonmusk Elon Musk’s rocket maker SpaceX has acquired artificial intelligence startup xAI in a deal that will value the company at $1.25 trillion. More on Nvidia, SpaceX, etc. Nvidia: History Says This Ends Badly Tesla: Priced For Perfection In An Imperfect Reality NVIDIA Corporation (NVDA) Shareholder/Analyst Call Transcript Nvidia partners with Qnity to identify advanced materials for semiconductors Morgan Stanley sees a flywheel effect for Tesla's robotaxi business