The Senate passed a bill requiring Nvidia and AMD to prioritize U.S. customers over Chinese buyers, tightening the screws on advanced semiconductor flows to China. The measure underscores Washington’s push to secure domestic AI supply chains and could reshape order books, lead times, and pricing power for hyperscalers and federal buyers. Companies will need to adapt allocation strategies and compliance processes if the bill becomes law.
Source: Seeking Alpha
SoftBank pursues $5B margin loan against Arm to fund OpenAI investment
SoftBank is in talks for a $5 billion margin loan backed by Arm shares to bankroll an investment in OpenAI, according to reports. The financing highlights intensifying capital needs for AI platforms and the risks of leveraging prized equity stakes amid volatile tech valuations. Any deal would further entwine Arm’s fortunes with the AI infrastructure buildout.
Source: Seeking Alpha
Novo Nordisk to buy Akero Therapeutics for up to $5.2B, boosting liver-disease pipeline
Novo Nordisk agreed to acquire Akero Therapeutics for up to $5.2 billion, adding a late-stage therapy candidate for metabolic dysfunction–associated steatohepatitis. The deal expands Novo’s metabolic footprint beyond obesity and diabetes and sparked gains in peer MASH developers on read-through expectations. Integration will focus on late-stage development, regulatory strategy, and potential combinational approaches.
Source: Seeking Alpha
U.S. sets $20B currency swap framework with Argentina, begins direct peso purchases
Washington finalized a $20 billion swap framework with Argentina and will directly buy pesos, aiming to stabilize liquidity and support financial reforms. The move offers short-term relief to Argentina’s markets and banking system while aligning bilateral economic cooperation. Investors will watch FX reserves, inflation trajectory, and program conditionality for durability.
Source: Seeking Alpha
Microsoft deploys first large Nvidia GB300 cluster on Azure for OpenAI workloads
Microsoft Azure rolled out the first large-scale cluster of Nvidia GB300 GPUs to power OpenAI workloads, signaling the next wave of AI infrastructure. The deployment underscores ongoing capex intensity among hyperscalers and could extend Nvidia’s data center momentum as enterprises scale generative AI. Capacity adds may ease some supply bottlenecks but keep power and networking as key constraints.
Source: Seeking Alpha
UK names Google a “strategic market status” provider in search
The UK regulator designated Google as having “strategic market status” in search services, enabling bespoke conduct rules under the country’s new competition regime. The status could bring restrictions on self-preferencing, data use, and interoperability, with potential fines for breaches. It adds to global regulatory pressures on Big Tech and could influence future M&A reviews.
Source: Seeking Alpha
BlackRock’s spot Bitcoin ETF tops 800,000 BTC as AUM exceeds $100B
BlackRock’s iShares Bitcoin fund surpassed 800,000 BTC held after $4 billion of fresh inflows, pushing assets beyond $100 billion. The milestone reflects deepening institutional adoption of digital assets and the ETF’s dominance among spot crypto products. Market participants are watching how ETF flows influence liquidity, volatility, and correlations with risk assets.
Source: FinanceFeeds
You May Also Be Interested In...
- HSBC’s move to privatise Hang Seng Bank will streamline operations in Hong Kong
- Coinbase and Mastercard reportedly in talks to acquire stablecoin fintech BVNK
- Brent crude steadies above $66 as ceasefire eases Mideast risk premium
- OpenAI raises antitrust concerns in EU targeting Google, Microsoft and Apple
- Government shutdown watch: prediction market Kalshi sees 26-day duration