Tradingkey - Michael Kratsios, Director of the White House Office of Science and Technology Policy (OSTP), called out Chinese AI company Moonshot AI on the social media platform X, accusing it of acquiring servers equipped with NVIDIA GB300 (Blackwell series) chips through Thailand to train its Kimi K3 model and building a "complex internal platform" for large-scale distillation of U.S. models. This marks the second time in just two days that the Trump administration has issued a warning regarding "intellectual property theft" by Chinese AI models. Following Treasury Secretary Scott Bessent's threat of sanctions against Kimi just a day earlier, these latest allegations, which include specific chip models, represent a significant escalation in signaling.

TradingKey13 minutes ago

OpenAI Raises 2030 Compute Spending Forecast to $750 Billion, Spending $20 Billion to Build Own Data Centers

Tradingkey - OpenAI announced on Wednesday that it has raised its compute spending forecast through 2030 to approximately $750 billion, up from the roughly $600 billion projected earlier this year. On the same day, the company announced a $20 billion investment to launch the construction of a data center project named "Project Camellia" in Savannah, Georgia. This marks OpenAI's first time building its own data center as the lead designer and constructor, signaling a shift from "tenant" to "landlord" in its computing power infrastructure strategy.

TradingKey3 hours ago

Western Digital (WDC) Surges 12.5% to $548 - Kioxia Merger Talks, $900 Analyst Target

TradingKey - Western Digital surged 12.5% to $548 today as memory stocks rebounded and Kioxia merger talks resumed. HDD production is sold out through 2026. Cantor Fitzgerald targets $900, Citi $800. Earnings August 5. Here is the setup.

TradingKey3 hours ago

GE Vernova Revenue Beats Estimates But Fails to Offset Profit Pressure, Shares Slump Over 10% Pre-Market

TradingKey - Against the backdrop of the ongoing global boom in AI data center construction and the acceleration of investment in power infrastructure, GE Vernova (GEV) delivered quarterly results featuring strong revenue and record-high orders. However, as profitability failed to meet market expectations, the company's share price dropped more than 10% in pre-market trading, following a previous rise of nearly 7%.

TradingKey5 hours ago

Cerebras Systems Shares Rise for Three Straight Days, Return to $240: Strategic Partnership Reached With CrowdStrike, CS-3 Inference Speed Exceeds Nvidia by 15 Times

TradingKey - Shares of Nvidia competitor Cerebras Systems (CBRS) rose for a third consecutive day, returning to a one-month high. At the time of writing, the stock gained 3.89% to $216.69. Cerebras announced today a strategic partnership with cybersecurity giant CrowdStrike (CRWD). As Cerebras offers the world's fastest AI inference compute solution and CrowdStrike provides an industry-leading AI-native security platform, the two companies will join forces to provide enterprise customers deploying large-scale AI with a combination of extreme inference speeds and AI-native security capabilities.

TradingKey3 hours ago

Micron (MU) Bounces to $969 - Morgan Stanley and BofA Both Say Buy the Dip

TradingKey - Micron bounced from $848 to $969 after Morgan Stanley called the selloff a buying opportunity and BofA said open-source AI actually helps memory demand. 16 non-cancelable contracts worth $22B. At $938, here is where resistance sits.

TradingKey4 hours ago

TradingKey SmartPicks

TK-Enhanced Colin McLean Growth & Value Quant Strategy

Combining fundamentals with market behaviors through smart algorithms, this approach utilizes dynamic, multi-frequency signals to enhance the alpha of value investment in modern markets.

Howard Rothman's Prudent Wealth Strategy

A smart, quantitative method that dynamically adapts to bull and bear markets—offering a perfect blend of steady growth and precise risk control.

David Polen Rational Growth Strategy

This strategy continues David Polen's investment philosophy of holding enterprises with quality cash flows, while adopting the implied return rate valuation model. It aims to seek balanced growth compared to the cost price through quantitative methods, while avoiding the blind pursuit of high prices and ensuring every holding has a reasonable expected return.

Michael J. Carr Low Profit Growth Strategy

This strategy is based on the "profitable investing" framework proposed by Michael J. Carr. The principle lies in not predicting market ups and downs, but in determining the current risk state of the market and deciding whether and how to take risks.