🔴 TRUMP & TSMC TO ANNOUNCE MASSIVE $100B U.S. CHIP INVESTMENT
Trump and TSMC, the world's largest contract chipmaker, are set to unveil a $100B investment in U.S. semiconductor manufacturing over four years. This expands on TSMC’s $65B Arizona site, which began mass production in 2024, and is fueled by the 2022 CHIPS Act’s $6.6B grant and tax incentives. With AI, smartphones, and military tech at stake, the move aims to counter Taiwan’s 90% grip on advanced chips. Source: WSJ thru Mario Nawfal on X
Europe has AI regulations without AI companies.
Europe has crypto regulations without crypto. Europe wants to censor social media without social media companies. Source: Michel A.Arouet
$BABA beats on the big three revenue, adjusted net income and adjusted EPS!
"Cloud revenue growth accelerated to double digits at 13% year-over-year, with AI-related product revenue achieving triple-digit growth for the sixth consecutive quarter" Source: The Transcript
An interesting chart by stocktwit 👉 $PLTR insider transactions in 2024:
• Buys: $0 • Sells: $3,104,510,822.09 👀👀👀👀👀 Yesterday after the close, Palantir CEO Alex Karp has announced a new plan to sell $1.2 billion of stock. $PLTR 🔴 was down -12% in after-hours trading
The price of Bitcoin is now as stable as the largest technology company stocks like Tesla and Nvidia.
Source: Documenting Bitcoin
The AI Arms Race: Increase in CapEx Spending over the last 6 Quarters...
-Amazon $AMZN: +143% -Meta $META: +135% -Google $GOOGL: +107% -Microsoft $MSFT: +77% Source: Charlie Bilello
BREAKING: Prediction markets are now showing a 74% chance of Grok being the best AI in the world this month
Since the release of Grok-3, the odds of Grok being the best AI this month have soared +50 percentage points. In Grok's benchmarks, Grok-3 outperforms both ChatGPT and DeepSeek in multiple categories. The AI race continues to heat up. Source: The Kobeissi Letter, @Kalshi
GROK 3 IS AMERICA’S ANSWER TO DEEPSEEK—AND IT’S DOMINATING
xAI deserves credit for building world-class reasoning models at record speed—proving that America still leads in AI. With Grok 3 outperforming competitors, it’s clear xAI is setting the new standard for intelligence and innovation. Perplexity AI CEO: “Once the API is live, integration is coming.” America builds fast. Elon is proving it.
