Jay Qian

TradingKey - Both CoreWeave (CRWV) and Nebius (NBIS) provide GPU compute power and supporting cloud services to AI labs, cloud providers, and enterprise clients.

TradingKey - In US pre-market trading on September 17, Generac (GNRC) rose over 34%. The company disclosed on September 16 that it had signed a long-term supply agreement with Amazon (AMZN) to provide backup generators for its data centers.

TradingKey - On September 16, Eastern Time, the Federal Reserve raised the target range for the federal funds rate by 25 basis points to 3.75% - 4.00%, marking its first rate hike since July 2023.

TradingKey - On September 16, Eastern Time, U.S. Census Bureau data showed that retail and food services sales in August increased by 1.2% month-over-month, beating the FactSet survey estimate of 0.7% and marking the largest monthly gain since March 2026. Sales grew 6.0% year-over-year. The July month-over-month decline was revised from 0.6% to 0.5%.

TradingKey - After the market close on September 15, Eastern Time, Trip.com Group (TCOM) released its unaudited financial results for the second quarter of 2026. The company's revenue and adjusted earnings per ADS both exceeded market expectations, while revenue from its international platforms grew over 50% year-over-year.

TradingKey - On September 16, Nokia Defense, the defense business unit of Nokia (NOK), and C3IA, a UK-based systems engineering and security services firm, announced the signing of a memorandum of understanding (MoU). Reached during the Defense Vehicle Dynamics (DVD) 2026 exhibition in the UK, the partnership will integrate advanced connectivity technologies with defense systems integration capabilities to jointly support the digital transformation of the UK defense sector.

TradingKey - On September 15, Eastern Time, Micron Technology (MU) announced that it has successfully demonstrated its 512GB DDR5 RDIMM across multiple server platforms. The product features a peak transfer rate of up to 9,200 MT/s. Platform validations are currently underway with AMD (AMD) and Intel (INTC), and Micron plans to begin mass production in the second half of 2027 based on customer demand.

TradingKey - During the Asian session on September 16, South Korean Deputy Prime Minister and Minister of Science and ICT Bae Kyung-hoon stated that South Korea will not slow down its pace of artificial intelligence research and development. He advocated replacing simple speed control with "responsible speed," strengthening safety management alongside the advancement of R&D and industrial applications.

TradingKey - On September 12, Eastern Time, Anthropic CEO Dario Amodei called for controlling the rate of capability advancement in frontier AI models, intensifying market concerns over data center investment and chip demand. Nvidia (NVDA) CEO Jensen Huang subsequently publicly opposed slowing down AI development, while Broadcom (AVGO) CEO Hock Tan stated that demand for compute infrastructure from frontier model development and inference operations remains strong.

TradingKey - At 2:00 p.m. ET on September 16, the Federal Reserve will announce its interest rate decision. According to The Wall Street Journal, the rate-hike probability implied by interest rate futures rose to 95% on September 14, up from 87% on the previous trading day.

TradingKey - On September 12 ET, Anthropic CEO Dario Amodei published "We Must Pace the Frontier," calling for a slowdown in the pace of capability advancements for frontier AI models. Meanwhile, the company continues to expand its long-term investments in computing infrastructure.

TradingKey — Anthropic has called for controlling the pace of growth in model capabilities, OpenAI is slowing down certain frontier AI projects, and Elon Musk also supports similar initiatives. Meanwhile, Oracle (ORCL) launched a new round of layoffs during the same period but continues to boost its investment in AI data centers. However, judging by Anthropic’s long-term computing power agreements and the capital expenditure plans of Microsoft (MSFT), Amazon (AMZN), Alphabet (GOOGL), and Meta (META), AI infrastructure investments by major tech companies continue to expand. While R&D pacing and safety demands are tightening on one hand, investments in compute power and data centers are being ramped up on the other. Is the AI spending boom about to cool down?

TradingKey - On September 15 ET, shares of healthcare software company Waystar (WAY) rose more than 16% at one point in pre-market trading.

TradingKey - On September 14, Eastern Time, Apple (AAPL) released iOS 27, with the English beta version of Siri AI beginning a rolling rollout on the same day. Apple plans to add French, Japanese, Korean, Portuguese, and Spanish in October.

TradingKey - In US pre-market trading on September 14, as of press time, Nokia (NOK) fell over 9% to $10.05. The company's Helsinki-listed ordinary shares dropped nearly 9% over the same period, with the magnitude of adjustments being roughly similar across both listings.

TradingKey - OpenAI CEO Sam Altman posted on social platform X on September 14 in support of establishing a federal safety framework for frontier AI companies. He stated that the competitive pressure the U.S. faces in the AI field should not serve as a justification for companies to take risks or allow model capabilities to outpace safety and monitoring capabilities.

TradingKey - Labor disputes remain unresolved following Micron Technology's (MU) announcement of its fiscal year 2026 compensation plan for employees in Taiwan. The Micron Taiwan Union and the Taoyuan City Federation of Labor Unions plan to hold a press conference at the American Chamber of Commerce in Taiwan on September 15 to demand that the company negotiate a long-term profit-sharing system.

TradingKey — U.S. President Trump stated in Ireland on September 13 that the United States currently leads China in artificial intelligence and hopes to maintain this advantage, noting that "whoever wins AI wins." He suggested that some warnings of severe risks are exaggerated, while adding that safeguards can be implemented for AI.

TradingKey - Anthropic CEO Dario Amodei called for slowing the pace of capability enhancements in frontier AI models, a stance subsequently supported by OpenAI CEO Sam Altman and SpaceX (SPCX) CEO Elon Musk. The statements heightened market concerns over the growth of the AI industry and the outlook for chip demand. During the Asian trading session on September 14, multiple semiconductor and AI-related stocks fell sharply.

During the week of September 14–18, the US stock market will see the Federal Reserve's September FOMC meeting, as well as key economic data including US August retail sales, import and export price indices, industrial production, and capacity utilization.