Nvidia

• Investors focusing on a basket of AI infrastructure and energy companies have seen returns double their initial investment, outperforming high-profile stocks like Nvidia. • This trend highlights a strategic shift toward the physical foundations of AI, such as power grids and energy sources, rather than just chip manufacturers. • Meanwhile, the latest RBI report emphasizes that the Strait of Malacca is a more critical transit point for oil and liquids than the heavily discussed Strait of Hormuz.

• Stock markets edged higher in early trading as investors anticipate key financial reports and macroeconomic data. • Nvidia is scheduled to report earnings, with market participants specifically focusing on the company's gross margins. • The release of Federal Reserve minutes is expected to provide critical clues regarding potential interest rate hikes amid rising inflation and yields.

• OpenAI is tentatively targeting an initial public offering (IPO) for the autumn, according to reports from The Wall Street Journal. • The potential stock market listing aims to secure significant funding to accelerate the company's future artificial intelligence development. • This move represents a pivotal moment for both OpenAI and the broader AI industry as it transitions toward a public corporate structure.

Many analysts view company’s financial performance as a broader referendum on AI buildoutNvidia continued its years-long streak of beating Wall Street’s expectations for growth on Wednesday, reassuring most investors that the AI boom, particularly the global explosion of datacenters, will continue apace.“The buildout of AI factories – the largest infrastructure expansion in human history – is accelerating at extraordinary speed,” said Nvidia’s CEO, Jensen Huang, in a statement. “Agentic AI has arrived, doing productive work, generating real value, and scaling rapidly across companies and industries.” Continue reading...

• RISC-V pioneer SiFive raised $400 million in an oversubscribed Series G funding round led by Atreides Management with backing from Nvidia, valuing the company at $3.65 billion. • The funding enables SiFive to expand into AI data centre CPUs through Nvidia's NVLink Fusion ecosystem, positioning the company to compete in high-performance AI infrastructure. • The investment reflects growing demand for specialized processors tailored to AI workloads and data centre operations beyond traditional CPU architectures.

Invitation to be part of group including Elon Musk and Tim Cook highlights American AI and tech ambitionsThe billionaire chief executive of the chipmaker Nvidia, Jensen Huang, has joined Donald Trump’s China delegation after a reported last-minute invitation, highlighting the US’s AI and tech ambitions.Huang will join a roster of US bosses including the Tesla chief executive and X owner, Elon Musk, the Apple chief executive, Tim Cook, and Goldman Sachs’s David Solomon at Trump’s 36-hour meeting with the China president, Xi Jinping. Continue reading...

• Nvidia released stellar quarterly earnings on May 9, 2026, but results were clouded by ongoing US export controls restricting advanced chip sales to China. • The company agreed to a 15% revenue-sharing deal with the US government on China sales to overturn the controls, allowing resumed exports of certain AI chips. • This arrangement highlights escalating US-China tech tensions, impacting Nvidia's growth in its largest overseas market amid broader semiconductor restrictions.