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The Marked Chart Wire · Tech and AI
HotNvidia
Nvidia shares fell more than 8 percent on Monday as investors publicly supported CEO Jensen Huang amid a board investigation into his personal conduct. Dan Ives warned that a leadership change could disrupt the AI industry.
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HotNvidia Espionage
Nvidia's board launched an investigation after US intelligence reportedly identified a Megaspeed executive as a Chinese intelligence recruit. The executive pitched a Southeast Asian AI project to investors using Nvidia chips and Alibaba financing.
HotNvidia
Melius Research says Nvidia rivals' market share gains are nearly impossible to predict as AI chip demand remains strong. The firm expects solid fiscal third-quarter results on November 17 and a congressional hearing on November 18.
AI Chips
Alphabet introduced two updated TPU models for secure data handling and inference, slated for 2027. Analysts forecast annual TPU revenue could surpass $135 billion in 2028, rising from roughly $12 billion in 2026.
Google TPU
Google introduces the TPU 8TX and 8I Max chips, which are designed to handle more specialized tasks and compete with Nvidia in the artificial intelligence hardware market.
HotMegaSpeed
Singapore-based MegaSpeed has previously been investigated for allegedly supplying Nvidia chips to China.
HotNvidia
Nvidia stock dropped 5 percent after reports of a spy controversy involving the chief executive and scheduled congressional briefings. The decline adds to investor caution regarding artificial intelligence valuations and upcoming earnings.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.