š° The star of this round in the U.S. stock market isnāt the traditional chips, but AI Agents. Metaās Muse launched just one week ago, topped the U.S. iPhone and Google free app charts, and directly rekindled market attention on CPUs. AMDās market value also first crossed the $1 trillion mark, making it the fourth U.S. chip company to enter the ātrillion-dollar club.ā
š„ To be honest, the market no longer just wants AI that can chat. People are now starting to see whether it can truly carry out tasks for users. Muse is believed to potentially open up space for ads, subscriptions, and revenue-sharing from transactions. Grok 4.7 has also driven down both speed and price, and OpenAI has been reported to be developing similar functions. Competition among personal AI assistants is clearly accelerating.
š” This is also why the CPU, server, and optical communication sectors are all moving higher together. AMD, Intel, Arm, and Qualcomm all surged in unison. Behind the move isnāt just a bet on a single product. After Agents run, demand increases for task scheduling, system I/O, and data-center interconnects. Nvidia continues to add commitments to data-center projects, which also suggests the big players havenāt signaled any intention to slow downāfor now.
ā ļø But the market hasnāt become completely easy. Oil prices have fallen for four straight trading days, and the yield on the 10-year U.S. Treasury has slipped back below 5%. Still, the St. Louis Fed president believes inflation pressure remains, and the probability of a 25-basis-point rate hike in October has risen to 56.5%. While tech stocks are rising in a concentrated surge, indicators in the credit market are deterioratingāsuggesting that although things look lively on the surface, thereās still some anxiety underneath.
š This AI hype is also spilling over into the crypto market. Bitcoin broke through $87,000 and set a nearly eight-month high. The question is: are funds only chasing AI compute power and infrastructure, or will they continue flowing into crypto assets? Do you think this round is more like a tech-stock solo performance, or is a broader bull move just beginning to spread?
#AI #AMD #ęÆē¹åø #Crypto market
š„ To be honest, the market no longer just wants AI that can chat. People are now starting to see whether it can truly carry out tasks for users. Muse is believed to potentially open up space for ads, subscriptions, and revenue-sharing from transactions. Grok 4.7 has also driven down both speed and price, and OpenAI has been reported to be developing similar functions. Competition among personal AI assistants is clearly accelerating.
š” This is also why the CPU, server, and optical communication sectors are all moving higher together. AMD, Intel, Arm, and Qualcomm all surged in unison. Behind the move isnāt just a bet on a single product. After Agents run, demand increases for task scheduling, system I/O, and data-center interconnects. Nvidia continues to add commitments to data-center projects, which also suggests the big players havenāt signaled any intention to slow downāfor now.
ā ļø But the market hasnāt become completely easy. Oil prices have fallen for four straight trading days, and the yield on the 10-year U.S. Treasury has slipped back below 5%. Still, the St. Louis Fed president believes inflation pressure remains, and the probability of a 25-basis-point rate hike in October has risen to 56.5%. While tech stocks are rising in a concentrated surge, indicators in the credit market are deterioratingāsuggesting that although things look lively on the surface, thereās still some anxiety underneath.
š This AI hype is also spilling over into the crypto market. Bitcoin broke through $87,000 and set a nearly eight-month high. The question is: are funds only chasing AI compute power and infrastructure, or will they continue flowing into crypto assets? Do you think this round is more like a tech-stock solo performance, or is a broader bull move just beginning to spread?
#AI #AMD #ęÆē¹åø #Crypto market
