Nvidia's Jensen Huang said at a UK AI summit that Nvidia will sell twice as many chips next year as this year — chip stocks surged across the board the day after the Fed's hike. Let's dig in 👇

💬 Chip stocks just posted their best day in weeks, one day after a rate hike — is this AI conviction, or relief that the hike is finally over?

📊 Quick Recap — What Moved & Why

🇺🇸 US — Nvidia's Huang: Chip Sales to Double Next Year

🔑 Key Event: Nvidia's Jensen Huang said at a UK AI summit (with King Charles III, DeepMind, OpenAI and Anthropic leaders) that $NVIDIA(NVDA.US) will sell twice as many chips next year as this year. Chip stocks surged across the board: $Intel(INTC.US) +7.67%, $AMD(AMD.US) +6.36%, $Micron Tech(MU.US) +5.50%; all three major indices closed up.

@LazyCat : I think this is an expectations recalibration rather than a fundamental demand collapse... I'm holding on to my Nvidia shares.

👀 Other to Watch

Company news

• $Coreweave(CRWV.US) -4.16% despite $25B+ in new bookings — the market focused on its $3.5B convertible-note and 35M-share dilution instead.
• The AI-infrastructure trade rallied broadly: $Nebius(NBIS.US) +4.12%, $Oracle(ORCL.US) +5.19%, $Arm(ARM.US) +8.57%.

Macro

• Goldman now expects another Fed hike in October, reversing its "done for this cycle" call; JPMorgan and Morgan Stanley still lean December.
• Bank of England held at 3.75% for a 6th straight meeting (6-3) and slowed its bond runoff.
• US jobless claims came in at 196K, below the 208K expected — a still-strong labor market.

🇸🇬 Singapore — STI Eases Despite the US Rally

🔑 Key Event: $FTSE Straits Times Index(STI.SG) closed Thursday at 5,660.52, then eased -0.25% to around 5,646 this morning, even as US markets rallied hard.

@Shyon : For Singapore, I am also watching the banks closely. DBS, OCBC and UOB have held up relatively well, but the Fed decision could quickly shift expectations.

👀 Other to Watch

• All three local banks eased slightly: $DBS(D05.SG) -0.16%, $OCBC Bank(O39.SG) -0.19%, $UOB(U11.SG) -0.21%.

🇭🇰 HK/China — HSI Extends the AI Rally, Alibaba Leads

🔑 Key Event: $Hang Seng Index(00HSI.HK) closed Thursday at 24,604.29, then rose +0.70% to around 24,777 this morning, extending the AI-driven rally.

👀 Other to Watch

• $BABA-W(09988.HK) led megacap tech, +3.04%; Tencent, Xiaomi and Meituan were little changed.

📅 Upcoming Key Events

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🚫 No duplicates · ⏰ Deadline: Sept 18, 2026, 11:59 PM SGT

Not investment advice, just market talk 🙏