Hardik Shah

Iran says no nuclear issues discussed in talks with U.S. - Irib - $QQQ $SPY $USO

📢 𝐉𝐔𝐒𝐓 𝐈𝐍: Samsung to unveil KRW 1,000 trillion (about $650bn) 10-year South Korea investment plan - $MU $SNDK $STX $WDC $NVDA $AMD 

Samsung will unveil on the 29th at the Blue House a KRW 1,000 trillion (about $650 billion) investment blueprint over the next decade for semiconductors, AI data centers, secondary batteries and displays — a package Samsung says consolidates planned capex across its core businesses and equals roughly half of South Korea’s GDP. 

Samsung is considering about KRW 300 trillion for semiconductor fabs in the Gwangju–Jeollanam‑do area, aligned with the government’s plan for a second southwestern semiconductor cluster; Samsung Electronics chairman Lee Jae‑yong conveyed the proposal to President Lee after a meeting on the 25th.

📢 𝐉𝐔𝐒𝐓 𝐈𝐍: $GOOGL Google's AI pilot pushes publishers to allow content for AI model training - The Information

📢 𝐉𝐔𝐒𝐓 𝐈𝐍: Iran Estimates $40B A Year In Revenue From Hormuz - WSJ - $USO

$INTC | Goldman Sachs 𝐢𝐧𝐢𝐭𝐢𝐚𝐭𝐞𝐬 on 𝐈𝐧𝐭𝐞𝐥 with a 𝐍𝐞𝐮𝐭𝐫𝐚𝐥 rating, sets 𝐏𝐓 𝐚𝐭 $𝟏𝟓𝟎

Analyst sees Intel as a beneficiary of rising server demand and foundry upside, but views peers like NVDA, AVGO, and AMD as more compelling opportunities. 

$SPCX | CFRA 𝐢𝐧𝐢𝐭𝐢𝐚𝐭𝐞𝐬 𝐒𝐩𝐚𝐜𝐞𝐗 at 𝐒𝐞𝐥𝐥, sets 𝐏𝐓 𝐚𝐭 $𝟏𝟏𝟓

Analyst initiates with a Sell rating, citing an unfavorable risk-reward profile due to extremely ambitious growth plans and elevated valuation expectations. 

📢 𝐉𝐔𝐒𝐓 𝐈𝐍: Trump Administration Asks OpenAI to Stagger Release of New Model Over Security Concerns - Information - $AMZN $MSFT $NVDA

$TSLA | Barclays reiterates 𝐄𝐪𝐮𝐚𝐥𝐰𝐞𝐢𝐠𝐡𝐭 on 𝐓𝐞𝐬𝐥𝐚, maintains 𝐏𝐓 𝐚𝐭 $𝟑𝟔𝟎

Analyst sees Tesla's stock as narrative-driven, but believes a solid auto business is key to funding growth and expects a Q2 delivery beat vs. consensus. 

⚡ 𝐔𝐏𝐃𝐀𝐓𝐄: Qualcomm and Meta Sign Multi-Generation Data Center CPU Agreement - $QCOM $META 

👉 𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:

➤  𝐐𝐮𝐚𝐥𝐜𝐨𝐦𝐦 and 𝐌𝐞𝐭𝐚 announced a strategic multi-generation data center CPU partnership.

➤  Qualcomm will become a 𝐝𝐚𝐭𝐚 𝐜𝐞𝐧𝐭𝐞𝐫 𝐂𝐏𝐔 supplier for Meta.

➤  The 𝐐𝐮𝐚𝐥𝐜𝐨𝐦𝐦 𝐃𝐫𝐚𝐠𝐨𝐧𝐟𝐥𝐲 𝐂𝟏𝟎𝟎𝟎 CPU will power Meta's next-generation server fleet.

➤  Dragonfly C1000 is designed for 𝐡𝐢𝐠𝐡-𝐩𝐞𝐫𝐟𝐨𝐫𝐦𝐚𝐧𝐜𝐞, power-efficient data center computing.

➤  Qualcomm's first-generation data center CPU is scheduled for 𝐩𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧 in 𝟐𝐇 𝟐𝟎𝟐𝟖.

➤  The agreement supports Meta's growing 𝐜𝐨𝐦𝐩𝐮𝐭𝐞 and infrastructure requirements.

➤  Qualcomm's platform combines advanced compute, connectivity, and 𝐬𝐲𝐬𝐭𝐞𝐦-𝐥𝐞𝐯𝐞𝐥 optimization.

➤  The company expects to deliver stronger 𝐩𝐞𝐫𝐟𝐨𝐫𝐦𝐚𝐧𝐜𝐞 𝐩𝐞𝐫 𝐰𝐚𝐭𝐭 and lower ownership costs.

👉 𝐖𝐡𝐲 𝐈𝐭 𝐌𝐚𝐭𝐭𝐞𝐫𝐬:

➤  Marks Qualcomm's major expansion into the 𝐝𝐚𝐭𝐚 𝐜𝐞𝐧𝐭𝐞𝐫 𝐂𝐏𝐔 market.

➤  Strengthens Meta's infrastructure strategy for large-scale 𝐀𝐈 and compute workloads.

➤  Positions Qualcomm to compete in the growing market for 𝐀𝐈 𝐬𝐞𝐫𝐯𝐞𝐫 processors.

👉 𝐄𝐱𝐩𝐞𝐫𝐭 𝐒𝐭𝐚𝐭𝐞𝐦𝐞𝐧𝐭:

➤  "We designed our data center CPU to deliver leading performance per core and a breakthrough in power efficiency for large scale data center deployments, and this multi-generation agreement with Meta is a significant validation of that approach. We're thrilled to build on our partnership with Meta, expanding from devices to data center. And this is just the beginning." — 𝐂𝐫𝐢𝐬𝐭𝐢𝐚𝐧𝐨 𝐀𝐦𝐨𝐧, President and CEO of Qualcomm Incorporated.

➤  "We're excited to continue partnering with Qualcomm Technologies as they design the next generation of CPUs for Meta. Along with our other compute investments, we're quickly building the infrastructure we need to deliver personal superintelligence to everyone in the world." — 𝐌𝐚𝐫𝐤 𝐙𝐮𝐜𝐤𝐞𝐫𝐛𝐞𝐫𝐠, Founder and CEO of Meta.

$MU | Micron Technology - Fiscal Q3 2026 Post-Earnings Call Summary

𝐂𝐅𝐎 (Mark Murphy)

➤ "We're really pleased with the financial trajectory of the business."

➤ "The last two quarters we've generated as much cash flow as any period in the company's history."

➤ "We expect that cash flow growth will increase in the fourth quarter."

➤ "We feel good about the durability of the performance of the business given the secular growth demand drivers."

➤ "We intend to increase our capital return beginning after the second anniversary of our CHIPS agreement."

➤ "We expect market tightness to continue beyond 2027."

➤ "The HBM TAM now easily exceeds $100 billion in 2027."

➤ "Startup costs will begin to increase meaningfully in the fourth quarter and continue through the first half of next year."

➤ "FY2027 CapEx will increase substantially, with more than half directed toward construction."

𝐂𝐡𝐢𝐞𝐟 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐎𝐟𝐟𝐢𝐜𝐞𝐫 (Sumit Sadana)

➤ "Demand for HBM products continues to be well above our ability to supply."

➤ "Even beyond 2027 into 2028, customer demand is far in excess of what we can support."

➤ "The same supply-demand imbalance is also true for non-HBM DRAM."

➤ "Shipment growth is increasingly determined by supply rather than demand."

➤ "Strategic Customer Agreements are designed as take-or-pay agreements."

➤ "Customers cannot walk away from these agreements."

➤ "The current agreements include over $22 billion in customer cash and financial commitments."

➤ "We expect LPDRAM to continue increasing as a percentage of data-center memory."

➤ "Both DRAM and NAND remain highly supply constrained."

➤ "The combination of AI demand, structural supply challenges and Strategic Customer Agreements is completely transformative for our business."

📊 𝐈𝐍𝐕𝐄𝐒𝐓𝐎𝐑 𝐍𝐎𝐓𝐄: $CBRS Cerebras CEO Says Investors "Misunderstood" Margin Outlook After 17% Stock Drop

👉 𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:

➤  𝐂𝐞𝐫𝐞𝐛𝐫𝐚𝐬 shares fell more than 𝟏𝟕% following its first post-IPO earnings report.

➤  Stock touched 𝐚 𝐥𝐨𝐰 𝐨𝐟 $𝟏𝟖𝟓.𝟐𝟑, the lowest level since listing.

➤  Company forecast 𝟐𝟎𝟐𝟔 adjusted gross margins of 𝟑𝟖%-𝟒𝟏%.

➤  Guidance compares with 𝟒𝟕% adjusted gross margin reported in Q1.

➤  Expected margins trail 𝐍𝐯𝐢𝐝𝐢𝐚'𝐬 mid-70% range and 𝐀𝐌𝐃'𝐬 mid-50% range.

➤  Management said equipment lease-back arrangements will impact margin trends.

➤  Approximately 𝟐𝟖 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 Class A shares become eligible for trading after earnings.

➤  OpenAI's 𝐆𝐏𝐓-𝟓.𝟒 runs on Cerebras chips under an existing agreement.

➤  OpenAI plans to deploy 𝟕𝟓𝟎 𝐦𝐞𝐠𝐚𝐰𝐚𝐭𝐭𝐬 of Cerebras semiconductors.

➤  𝐀𝐖𝐒 is expected to begin using Cerebras chips, with revenue anticipated within a year.

👉 𝐖𝐡𝐲 𝐈𝐭 𝐌𝐚𝐭𝐭𝐞𝐫𝐬:

➤  Margin concerns triggered a sharp selloff despite management's growth outlook.

➤  OpenAI and AWS partnerships could significantly expand future revenue opportunities.

➤  Investor focus remains on profitability, execution, and post-IPO share supply.

👉 𝐄𝐱𝐩𝐞𝐫𝐭 𝐒𝐭𝐚𝐭𝐞𝐦𝐞𝐧𝐭:

➤  "It is misunderstood. You know, we laid out a plan at the start of '26. We shared that plan as we went public a few months ago, and we're beating that plan." — 𝐀𝐧𝐝𝐫𝐞𝐰 𝐅𝐞𝐥𝐝𝐦𝐚𝐧, CEO of Cerebras Systems.

➤  "I think it's not going to be a straight line." — 𝐀𝐧𝐝𝐫𝐞𝐰 𝐅𝐞𝐥𝐝𝐦𝐚𝐧.

➤  "Whether that's a success or not, we'll have to see." — 𝐀𝐧𝐝𝐫𝐞𝐰 𝐅𝐞𝐥𝐝𝐦𝐚𝐧.

➤  "We're trying to move at the speed of AI, and data centers move with the speed of real estate." — 𝐀𝐧𝐝𝐫𝐞𝐰 𝐅𝐞𝐥𝐝𝐦𝐚𝐧.

📢 𝐉𝐔𝐒𝐓 𝐈𝐍: $RKLB Rocket Lab Wins Three NASA Electron Launch Missions

👉 𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:

➤  𝐑𝐨𝐜𝐤𝐞𝐭 𝐋𝐚𝐛 was selected by 𝐍𝐀𝐒𝐀 for 𝟑 Electron launch missions.

➤  Missions include 𝟐 launches for 𝐏𝐨𝐥𝐒𝐈𝐑 and 𝟏 launch for 𝐓𝐒𝐈𝐒-𝟐.

➤  TSIS-2 is scheduled to launch in 𝐞𝐚𝐫𝐥𝐲 𝟐𝟎𝟐𝟕 from New Zealand.

➤  Two PolSIR launches are planned 𝐧𝐨 𝐞𝐚𝐫𝐥𝐢𝐞𝐫 𝐭𝐡𝐚𝐧 𝐉𝐮𝐧𝐞 𝟐𝟎𝟐𝟕.

➤  NASA cited Electron's 𝐨𝐯𝐞𝐫 𝟗𝟎 successful launches, precision, and rapid turnaround.

➤  PolSIR will deploy 𝟐 CubeSats to study 𝐡𝐢𝐠𝐡-𝐚𝐥𝐭𝐢𝐭𝐮𝐝𝐞 𝐢𝐜𝐞 𝐜𝐥𝐨𝐮𝐝𝐬.

➤  TSIS-2 will measure 𝐬𝐨𝐥𝐚𝐫 𝐢𝐫𝐫𝐚𝐝𝐢𝐚𝐧𝐜𝐞 to support climate and air quality research.

➤  NASA booked the TSIS-2 launch just 𝟕 𝐦𝐨𝐧𝐭𝐡𝐬 before its planned liftoff.

👉 𝐖𝐡𝐲 𝐈𝐭 𝐌𝐚𝐭𝐭𝐞𝐫𝐬:

➤  Multiple NASA awards reinforce Rocket Lab's 𝐭𝐫𝐮𝐬𝐭𝐞𝐝 launch provider status.

➤  Contract strengthens Rocket Lab's 𝐠𝐨𝐯𝐞𝐫𝐧𝐦𝐞𝐧𝐭 launch backlog and revenue visibility.

➤  Selection highlights Electron's 𝐩𝐫𝐞𝐜𝐢𝐬𝐞 𝐨𝐫𝐛𝐢𝐭𝐚𝐥 deployment and responsive launch capabilities.

👉 𝐄𝐱𝐩𝐞𝐫𝐭 𝐒𝐭𝐚𝐭𝐞𝐦𝐞𝐧𝐭:

➤  "Electron has become synonymous with reliability, precise orbital accuracy, and on-demand launch capability and we've been delivering this for NASA missions for almost a decade. We're proud to deliver this once again for PolSIR and TSIS-2." — 𝐒𝐢𝐫 𝐏𝐞𝐭𝐞𝐫 𝐁𝐞𝐜𝐤, Founder and CEO of Rocket Lab.

📢 𝐉𝐔𝐒𝐓 𝐈𝐍: Absci prices $100M stock offering with Eli Lilly among investors - $ABSI $LLY

⚡ 𝐔𝐏𝐃𝐀𝐓𝐄: $AAPL Apple To Skip High-end M6 Mac Chips In Favor Of Ai-focused M7 - Bloomberg