US markets

Reads the preliminary Apple-Intel foundry agreement as a pivot from a single-hyperscaler bet to a foundry with logo customers across mobile and PC. Cautions the deal is unconfirmed by either company and that Trump's involvement (a June 18 Truth Social post) blurs commercial and political motives.

“Apple's name on the list, even preliminary, turns Intel Foundry from a single hyperscaler bet into a business with logo customers across mobile and PC.”

Reports the ~85% revenue jump and near-doubling of data-center revenue, noting the stock slid despite the beat, a market judging that 'strong but expected' no longer clears the bar.

“Nvidia's data center revenue nearly doubles; the report is strong but the stock slides.”

Frames the market-cap flip for a US audience through the Nvidia AI-chip supply chain: SK Hynix supplies the HBM3e memory embedded in every H100/H200 GPU; its +347.7% YTD gain reflects the market pricing in AI infrastructure as the dominant technology mega-trend.

“SK Hynix supplies the HBM3e in every H100/H200, its 347% rally prices in the AI infrastructure boom.”