BREAKING: The AI chip boom shows no signs of slowing.
Taiwan Semiconductor, $TSM, reported a +35% YoY increase in net profit for Q4 2025, driven by surging AI chip demand. Asia’s most valuable company has now posted YoY profit growth for 8 consecutive quarters. At the same time, revenue grew +21% YoY in Q4 2025, to $33.7 billion. Both revenue and profit beat analyst estimates. Full-year 2025 revenue jumped +32% YoY and surpassed $100 billion for the first time in company history. TSMC also expects record CapEx in 2026, at $52-56 billion, up +32% YoY, to expand global manufacturing capacity. Source: The Kobeissi Letter
The dot-com boom ran on debt. The AI boom runs on balance sheets.
That difference matters. Source: Goldman Sachs, COATUE
Anthropic plans to raise $10 billion at a valuation of $350 billion.
Source: Brew markets
According to Reuters (via an FT report), Anthropic is laying groundwork for an IPO as early as 2026.
They’re also reportedly in talks for a private funding round that could value the company north of $300B — a huge step up from their most recently disclosed ~$183B post-money valuation. If Anthropic were public today and you simply treated that ~$183B as its market cap, here’s the fun part: 📈 It would land around the low-90s globally by market cap — roughly #91 — just ahead of Airbus (≈$181B). For context, that neighborhood looks like: Blackstone ≈ $186B HDFC Bank ≈ $180B (Anthropic) ≈ $183B Airbus ≈ $178B Source : Reuters, FT
The day the AI bubble implodes, let's keep this in mind
Yes it happened Source: Jeff Weniger
A $100B "Santa Rally" might have arrived via the UAE sovereign wealth funds
Here is the breakdown of what is going on: 1. The $100 Billion Life Raft 💰 OpenAI is reportedly looking to raise a staggering $100B (Source: WSJ). With a target valuation of $830B, this isn't just a fundraising round—it’s a geopolitical event. Sam Altman isn't just looking for "growth capital"; he’s securing a bridge to 2030 profitability. 2. From Debt to Equity 📉 Private credit markets (like Blue Owl) have been tightening the taps on AI infrastructure. OpenAI is pivoting from cheaper debt to massive equity dilution. Why? Because when you’re "incinerating" cash to build the future, you need a sovereign-sized safety net. 3. The Oracle "Survival" Surge 🚀 This isn't just about OpenAI. This cash flows directly into compute. Oracle and CoreWeave are the primary beneficiaries. This funding ensures OpenAI can pay its hyperscaler partners for years to come. The market is breathing a sigh of relief: Bankruptcy risks for AI infrastructure plays are evaporating. 4. The Credit Default Swap (CDS) Collapse 📉 Before tonight, Oracle’s CDS was at a 16-year high (~156bps). Investors were pricing in serious risk. Now? We expect a short-covering frenzy. The "AI winter" just got hit by a heatwave of Emirati capital. The Bottom Line: The world was waiting for the US to backstop the AI revolution. Instead, Abu Dhabi stepped up. This $100B injection doesn't just fund a chatbot; it stabilizes the entire AI ecosystem for the next 24 months. Is this the start of the 2025 bull run, or just a very expensive bridge to the unknown?
BREAKING 🚨: Oracle
$ORCL has now plunged 48% since its all-time high on September 10, a total market cap loss of $475 Billion 📉📉 Note that the stock is UP 6% after-markets on TikTok deal + OpenAI securing $100B in funding from UAE sovereign wealth fund. Source: Barchart @Barchart
AI CDS levels update
Coreweave in blue Oracle in red Source: www.zerohedge.com
