Meta’s AI Roadmap Supported by Large-Scale Deployment of NVIDIA CPUs, Networking and Millions of NVIDIA Blackwell and Rubin GPUs News Summary: Meta expands NVIDIA CPU deployment and significantly improves performance per watt in its data centers. Meta scales out AI workloads with NVIDIA Spectrum-X Ethernet, supporting network efficiency and throughput. Meta has adopted NVIDIA Confidential Computin...
Meta’s AI Roadmap Supported by Large-Scale Deployment of NVIDIA CPUs, Networking and Millions of NVIDIA Blackwell and Rubin GPUs News Summary: Meta expands NVIDIA CPU deployment and significantly improves performance per watt in its data centers. Meta scales out AI workloads with NVIDIA Spectrum-X Ethernet, supporting network efficiency and throughput. Meta has adopted NVIDIA Confidential Computing, enabling AI capabilities while protecting user privacy. SANTA CLARA, Calif., Feb. 17, 2026 (GLOBE NEWSWIRE) -- NVIDIA today announced a multiyear, multigenerational strategic partnership with Meta spanning on-premises, cloud and AI infrastructure. Meta will build hyperscale data centers optimized for both training and inference in support of the company’s long-term AI infrastructure roadmap. This partnership will enable the large-scale deployment of NVIDIA CPUs and millions of NVIDIA Blackwell and Rubin GPUs, as well as the integration of NVIDIA Spectrum-X™ Ethernet switches for Meta’s Facebook Open Switching System platform. “No one deploys AI at Meta’s scale — integrating frontier research with industrial-scale infrastructure to power the world’s largest personalization and recommendation systems for billions of users,” said Jensen Huang, founder and CEO of NVIDIA. “Through deep codesign across CPUs, GPUs, networking and software, we are bringing the full NVIDIA platform to Meta’s researchers and engineers as they build the foundation for the next AI frontier.” “We’re excited to expand our partnership with NVIDIA to build leading-edge clusters using their Vera Rubin platform to deliver personal superintelligence to everyone in the world,” said Mark Zuckerberg, founder and CEO of Meta. Expanded NVIDIA CPU Deployment for Performance Boost Meta and NVIDIA are continuing to partner on deploying Arm-based NVIDIA Grace™ CPUs for Meta’s data center production applications, delivering significant performance-per-watt improvements in its data centers as part of Meta’s long-term...
(RTTNews) - British drug major GSK plc (GSK, GSK.L) announced Tuesday that it is commencing the fourth tranche of its 2 billion pounds share buyback Programme announced last year. The company will buy back up to 0.45 billion pounds in the latest tranche.
(RTTNews) - British drug major GSK plc (GSK, GSK.L) announced Tuesday that it is commencing the fourth tranche of its 2 billion pounds share buyback Programme announced last year. The company will buy back up to 0.45 billion pounds in the latest tranche.
The dollar is edging higher for a second day, shrugging off market pricing that implies roughly three Federal Reserve interest-rate cuts this year. The Bloomberg Dollar Spot Index rose 0.1% even as the yen strengthened about 0.4%, with declines for other currencies in the basket keeping the gauge higher. Options markets indicate near-term bearishness on the greenback has eased, with so-called fron...
The dollar is edging higher for a second day, shrugging off market pricing that implies roughly three Federal Reserve interest-rate cuts this year. The Bloomberg Dollar Spot Index rose 0.1% even as the yen strengthened about 0.4%, with declines for other currencies in the basket keeping the gauge higher. Options markets indicate near-term bearishness on the greenback has eased, with so-called front-end risk reversals at their least negative in almost a month. Money markets are still pricing about 64 basis points of Fed cuts by year-end. Some strategists argue that is overdone as three cuts may be more than the data justify, leaving the market vulnerable to a dollar rebound. “Fed funds rate-cut bets look stretched, leaving room for a near-term USD-positive repricing,” said Elias Haddad , global head of markets strategy at Brown Brothers Harriman, citing resilient growth and underlying inflation that has stalled above the Fed’s 2% target. With US markets closed Monday and little on the calendar until the Fed minutes and Friday’s personal consumption expenditures data, investors have had room to rebalance without a clear macro catalyst. Hedge funds were active Tuesday in trimming dollar shorts, according to FX traders familiar with the transactions who asked not to be identified because they aren’t authorized to speak publicly. The stronger-than-expected January jobs report has weakened the case for additional “insurance cuts” in the spring, Danske Bank A/S analysts including chief FX analyst Jens Naervig Pedersen wrote. They still expect the Fed to cut in June and September, then hold rates in a 3.00%-3.25% range into 2027. Geopolitical risks are also back in focus as another round of nuclear negotiations between the US and Iran looms, while US President Donald Trump said he’s discussing future weapons sales to Taiwan with Chinese President Xi Jinping. Iran Meets UN Nuclear Chief Before Next Round of US Talks (2)
SDI Productions/E+ via Getty Images (Note: This article was previously published for members of Inside the Income Factory) Closed-end funds (“CEFs”) can play an important role in a diversified income investment portfolio. There are several considerations to be aware of when evaluating a CEF for inclusion in your passive income portfolio. This discussion by BlackRock that was posted on Dividend.com...
SDI Productions/E+ via Getty Images (Note: This article was previously published for members of Inside the Income Factory) Closed-end funds (“CEFs”) can play an important role in a diversified income investment portfolio. There are several considerations to be aware of when evaluating a CEF for inclusion in your passive income portfolio. This discussion by BlackRock that was posted on Dividend.com explains several key considerations when evaluating a CEF. Understand the fund’s investment objective and portfolio composition Focus on total return when measuring a CEF’s performance history Assess the fund’s distribution rate and its distribution stability Analyze the fund’s premium/discount history Measure the fund’s liquidity and consider using limit orders In addition to those considerations, I would also add several additional ones including: Understand the size, reputation, and past performance record of the fund sponsor Determine if leverage is being used appropriately to improve risk-adjusted returns Pay attention to corporate actions that impact NAV, including share offerings With those considerations in mind, I would like to take an updated look at a CEF that I last reviewed in June 2024. The Nuveen Real Asset Income and Growth Fund ( JRI ) delivered strong performance in the first half of 2024 and had just increased the distribution at the time, leading to my Buy rating . This was what I wrote in the summary of that article: As a primarily income-oriented investor now that I am retired, JRI is very appealing to me, given the recent substantial dividend increase that brings its annual yield to nearly 14% at the current market price. Nevertheless, the fund still trades at a discount of more than -13% to NAV and the trend of the NAV is rising in 2024. Like other funds that invest in real assets that also significantly raised their distributions, the big bump up in the distribution is likely to have the effect of closing that discount, which will deliver additiona...
India’s solar manufacturing industry is becoming a victim of its own success. A push to expand local production — encouraged by pandemic disruptions and strained relations with China — has resulted in a 13-fold jump in capacity since 2020, according to BloombergNEF, to nearly triple domestic demand. The scale of that surge prompted the government late last year to urge banks lending to the sector ...
India’s solar manufacturing industry is becoming a victim of its own success. A push to expand local production — encouraged by pandemic disruptions and strained relations with China — has resulted in a 13-fold jump in capacity since 2020, according to BloombergNEF, to nearly triple domestic demand. The scale of that surge prompted the government late last year to urge banks lending to the sector to exercise caution. Manufacturers, meanwhile, are beginning to pull back from lower-value output. Capacity utilization at the country’s module-assembly plants has shrunk to around 40% from more than 70% in the year through March 2023, a time before punitive US tariffs when exports to the world’s largest economy were booming, according to Avinash Hiranandani , managing director at module maker RenewSys India Pvt. Ltd. “This is not a slowdown. It’s a structural glut,” Hiranandani said in an interview. India imported about 80% of its solar modules until 2020. Then came a pandemic and supply chain upsets that revived a longstanding desire among policymakers to build out domestic capability. The country began levying taxes on imports of cells and modules and introduced a list of homegrown manufacturers approved for the local market, effectively a barrier for Chinese suppliers. The impact was swift. Domestic module capacity expanded rapidly as investors bet on the country’s energy transition as well as booming demand in the US. India continues to depend on China for upstream components such as cells and wafers, but new mandates are likely to transform even that segment. From June, all modules sold in the country will need to use locally made cells and the renewable energy ministry has said it plans to introduce similar obligations for wafers starting June 2028. Cell-manufacturing capacity is expected to increase to 100 gigawatts over the next two years, credit rating firm ICRA Ltd. estimates, a four-times jump from now. That’s another glut in the making, according to Sameer Gupt...
格隆汇2月17日｜欧元区政府债券收益率早盘下跌，追随美国国债走势。Metzler的Leon Ferdinand Bost和Uwe Hohmann在一份报告中称：“德国国债仍受支撑，10年期收益率目前明显脱离了近期的交投区间。“这些分析师称，通胀减速以及相关的市场消化降息预期的趋势“应会继续在初期提供支撑“。周二可能影响市场的因素包括德国和芬兰的债券标售以及德国ZEW经济景气指数。根据伦敦证券交易所...
格隆汇2月17日｜欧元区政府债券收益率早盘下跌，追随美国国债走势。Metzler的Leon Ferdinand Bost和Uwe Hohmann在一份报告中称：“德国国债仍受支撑，10年期收益率目前明显脱离了近期的交投区间。“这些分析师称，通胀减速以及相关的市场消化降息预期的趋势“应会继续在初期提供支撑“。周二可能影响市场的因素包括德国和芬兰的债券标售以及德国ZEW经济景气指数。根据伦敦证券交易所集团的数据，10年期德国国债收益率下跌1.9个基点，至2.735%，接近周一触及的11周低点2.729%。
(RTTNews) - Asian stocks ended mixed on Tuesday as investors monitored the latest developments on the geopolitical front and awaited cues from upcoming U.S. economic readings, including gross domestic product data, PCE inflation figures and minutes from the Federal Reserve's last
(RTTNews) - Asian stocks ended mixed on Tuesday as investors monitored the latest developments on the geopolitical front and awaited cues from upcoming U.S. economic readings, including gross domestic product data, PCE inflation figures and minutes from the Federal Reserve's last
(RTTNews) - Elbit Systems Ltd. (ESLT), on Tuesday, announced that it has been awarded several contracts worth approximately $435 million from an international customer.
(RTTNews) - Elbit Systems Ltd. (ESLT), on Tuesday, announced that it has been awarded several contracts worth approximately $435 million from an international customer.
Key PointsWhile it's one of several artificial intelligence names that's been upended of late, Alphabet is one of a handful of players that's proven it can do something constructive with its AI tech.
Key PointsWhile it's one of several artificial intelligence names that's been upended of late, Alphabet is one of a handful of players that's proven it can do something constructive with its AI tech.
Russia Flexing Arctic Nuclear Muscle Along Finnish Border, Defense Minister Warns Arctic security is now central to Europe’s stability, Finland’s defense minister has said, warning that Russia is rebuilding Cold War–style military infrastructure along Finland’s border while fortifying its nuclear stronghold in the High North. He also made clear his view that United States military might is very mu...
Russia Flexing Arctic Nuclear Muscle Along Finnish Border, Defense Minister Warns Arctic security is now central to Europe’s stability, Finland’s defense minister has said, warning that Russia is rebuilding Cold War–style military infrastructure along Finland’s border while fortifying its nuclear stronghold in the High North. He also made clear his view that United States military might is very much needed, at least in the short term. Defense Minister Antti Häkkänen said Moscow is doubling down on its Arctic posture: "Russia has most of their biggest strategic capabilities in nuclear, submarines, long-range bombers in the Kola Peninsula area," he stated in a fresh interview. Arctic rivals Washington & Moscow: The Los Angeles-class fast-attack submarine USS Pasadena "They are building new military facilities along our border, same as the Cold War. It would be wise to watch the Arctic and build Arctic capabilities" for deterrence, Häkkänen continued. According to the publication he spoke to : The Kola Peninsula - a 100,000 square kilometer region in far northwestern Russia - hosts the majority of the country’s sea-based strategic nuclear arsenal , such as submarines, as well as long-range aviation assets. As for ongoing discussions within Europe to find an eventual alternative to the US nuclear umbrella, the Finnish defense chief explained his view that "In the longer term, it would be better that the Europeans have their strong capabilities." He added: "But in the short, and even mid-term, we need the US. It's crucial to European security." France and the UK offering to extend their nuclear deterrent across the continent is "good news" - Häkkänen conceded, but added that ultimately "That’s not the question now." Lately, Russia’s Foreign Ministry has sought to made clear that the Kremlin believes the Arctic should remain "a region of peace, dialogue and equal cooperation." The prior comment was issued related to the United States eyeing control over Greenland. A key p...
Vladlen Tian/iStock via Getty Images I've been watching this cycle for Sandisk Corporation ( SNDK ) long enough to know how it ends. The demand increases. The prices rise. The cash flows soar. The management teams become confident again. And then, quietly, the capital discipline evaporates. What made this most recent quarter interesting wasn’t that it followed that pattern. It was that this manage...
Vladlen Tian/iStock via Getty Images I've been watching this cycle for Sandisk Corporation ( SNDK ) long enough to know how it ends. The demand increases. The prices rise. The cash flows soar. The management teams become confident again. And then, quietly, the capital discipline evaporates. What made this most recent quarter interesting wasn’t that it followed that pattern. It was that this management team was trying to break it. What this most recent earnings announcement said wasn’t that this was a company that was benefiting from a cyclical upswing. What it said was that this was a company that was trying to prove it would survive one. The difference between those two things shouldn’t be lost on you. NAND demand growth has been compounding at double-digit rates for a number of years, first with smartphones, then cloud infrastructure, and now AI. Structural issues with the market have rarely been the problem. The problem has been the behavior of the supply side. When prices go up, the response of the supply side is to add capacity aggressively, lift the bit growth targets, and accelerate capex only to see the additional supply materialize as the market normalizes. Sandisk was a participant in this cycle before. The difference this time is the company's reluctance to lift the bit growth targets despite the mid-60% gross margin guide. That’s the context in which I think about Sandisk. The recent re-rating of this stock wasn’t a vote on AI storage. It was a vote on whether or not this management team can overcome one flaw that has repeatedly destroyed value within this industry. NAND’s Real Problem: Too Much Growth, Too Fast NAND’s problem has never been one of technological obsolescence. NAND’s problem has been one of capital discipline. When NAND pricing gets favorable, NAND companies have time and again responded by increasing supply too quickly, trying to gain market share , and locking in costs that assume that environment will continue. When demand returns to n...