Big week for AI and semiconductor news. Here's the latest on Nvidia, OpenAI, Microsoft, TSMC and more.

I curated everything you need to know and how to understand it: On Monday, OpenAI and Broadcom announced a "strategic collaboration" to develop and deploy 10 gigawatts of custom artificial-intelligence accelerators.

They will begin deploying the systems in the second half of 2026 and complete the deployments in 2029. No financial terms were disclosed.

Broadcom President Charlie Kawwas was on CNBC: "I would love to take a $10 billion [purchase order] P.O. from my good friend, [OpenAI] Greg. He has not given me that P.O. yet"

AMD management said they expect THEIR 6 gigawatt OpenAI partnership will enable the company to eventually generate tens of billions of dollars in annual revenue and over $100 billion in total revenue from selling chips over the next several years. Jensen said each gigawatt is $35 billion in eventual revenue for Nvidia.

But Broadcom doesn't have a $10 billion order yet from OpenAI for 10 gigawatt partnership?

Kawwas also said the $10 billion order in July quarter announced on Broadcom's last earnings call, which was widely reported by news media to be OpenAI, was NOT OpenAI. Sell side then speculated it was another top AI frontier model firm.

OpenAI employees also said they expect the first silicon back soon. They announced the deal without first silicon?

A lot of weird stuff with this announcement.

Big week for AI, Nvidia, and chip industry news.

Here’s the latest on robotics, Nvidia, Intel, AI custom chips, Dell AI servers and more.

I curated everything you need to know and how to understand it all: But first, some real talk from Jensen Huang.

Corporations are filled with managers who steal credit, game metrics, and surround themselves with people-pleasing loyal sycophants to build their fiefdoms.

Jensen Huang gave me a great quote for my book THE NVIDIA WAY about what he does when he sees executives playing internal politics to advance their careers instead of doing the right thing for the customer.

He publicly embarrasses them.

Big week for AI, Nvidia, and chip industry news.

Here’s the latest on OpenAI, Nvidia, Intel, Gemini and more.

I curated everything you need to know and how to understand it all: But first, some trillion-dollar chip company CEO humor.

TSMC CEO C.C. Wei: We have the honor for $4 trillion guy to be my guest. More than $4 trillion, huh?

Jensen: Still, you’re paying for dinner

C.C. Wei: No problem, if you agree with my wafer pricing

Lol at FinTwit bashing David Tepper this morning. Tepper's default settings are long and way super net long, so when he is shorting the market it's a big deal barrons.com/articles/stock… David Tepper on CNBC: "People think too much." "It's going to be difficult for things to go up right now." Fed and ECB "are going to keep rates high for a while."

A few hours since the new Twitter Blue has gone live: I’ve been followed by an Onlyfans blue check mark (follow spam), the Verified mentions are now filled with meme stock accounts, and my feed is filled with stuff like this The silly thing is more than 1,600 people RT-ed the fake blue check mark Nintendo tweet on purpose. Blue check marks for all are not ideal for brand advertisers' safety

This reads like a parody, but it’s on the Sequoia website. What a joke sequoiacap.com/article/sam-ba… Sounds like Sequoia partners were mesmerized from beginning & had blinders on. If I found out a founder was playing a videogame at same time while raising money, I would say that’s a red flag that he didn’t care about investors capital - def not something to get excited about

Elon’s town hall for advertisers starts with over 13,000 people 33,000 people

Ladies and gentlemen, the new blue checkmark! The big question is, however, will @StephenKing get an "official" label?

FedEx missing Q2 earnings estimates by 50% is not a great sign for the global economy "FedEx Express results were particularly impacted by macroeconomic weakness in Asia and service challenges in Europe .. Global volumes declined as macroeconomic trends significantly worsened later in the quarter, both internationally and in the U.S." investors.fedex.com/news-and-event…

My Q&A with @VinceZampella arguably the most successful game maker ever. Creator of 3 multi-billion-dollar franchises (COD, Modern Warfare, Apex Legends). We discuss Call of Duty, industry M&A, Battlefield's future, Metaverse, his secret sauce and more $EA barrons.com/articles/ea-vi… Fascinating gaming history tidbits. GameTek, the nixed Half Life expansion and why it failed with Valve. AIso, imagine being the two people left behind when nearly the entire Medal of Honor team left and followed Zampella to create Call of Duty. Ouch.

Unity shares are down nearly 80% this year. The list of problems - overpaying for acquisitions and poor management - is similar to what happened when the company's CEO John Riccitiello ran EA. A leopard can't change its spots $U barrons.com/articles/unity… Female CEOs make up roughly 5% of the S&P 500. Why do men like JR get multiple shots after terrible terrible performance? It's ridiculous

The amount of time and mental energy wasted reacting to two social media accounts is frightening when there is so much more serious stuff happening in the world (international energy crises, potential famines, geopolitical volatility in many countries). 1/ WSJ: "worst hunger emergency in a half-century is afflicting Somalia and some of the world’s other poorest countries .. increases in the cost of food and fuel since March have pushed an additional 47 million people into acute food insecurity" wsj.com/articles/ukrai…

Wow. Amazon Prime Day deals are terrible this year. Like this tweet if you agree Also, a 2-day event is not Prime Day! It's Prime Days

My latest: "Intel Should Slash Its Dividend. Chip Maker’s Future May Depend on It."

Intel needs to accept its precarious fundamental and financial reality. Its three-decade old dividend needs to go $INTC barrons.com/articles/intel… Not only is cutting the $6 billion per year dividend the right fundamental move for Intel, it would be good political optics. How can it ask for government handouts ($52 billion CHIPS Act) with a straight face, while paying $24 billion in dividends to shareholders next 4 years?

Celsius was one of the Google Ads in my screenshot below when I wrote my cautionary crypto-yield column back in February. And now this: blog.celsius.network/a-memo-to-the-…

https://twitter.com/firstadopter/status/1494684016842317828

Stanley Druckenmiller interview with @collision at Sohn 2022 Notes: Stan says we are six months into a bear market with a ways to run. Recession is in the cards, just don't know when. Could be early or late 2023 1/n

Ethereum's free fall continues today $NVDA 👀

Great insights from Lux Capital’s co-founders @wolfejosh and @peterjhebert on what is happening in the technology industry today and what will happen going forward barrons.com/articles/how-t… “We talked to a lot of peers who have never lived through the cycle,” Wolfe says. “We sort of were born in the fire, watching the boom and bust of the dot-com crisis, and formed Lux studying why other firms had failed and what they did right and wrong.”

The number one question I get asked: Is this the bottom for Nvidia? Nope. Not by a long shot. My latest $NVDA barrons.com/articles/nvidi… Nvidia has aggressively doubled and tripled pricing for its graphics card this cycle, taking advantage of the unprecedented demand from cryptominers. That mining demand has "disappeared" and pricing now needs to be reset much lower, which will crush profit margins

New Nvidia RTX 3090 cards are now selling below MSRP on StockX Nvidia RTX 3080 TI below MSRP too. Crypto miners 👀

Tech fundamentals are getting worse .. and it could get a lot worse. There are clear signs last week risks are rising for another leg down for tech barrons.com/articles/tech-… In the last week Uber, Meta, and Twitter took actions to pause projects and manage expenses. Companies are laying off workers (Robinhood, Blend). None of this happens in a vacuum. Logic dictates others will follow and a negative feedback loop for enterprise tech spend is imminent