How Nvidia's Jensen Huang may be driving Fed rate-hike expectations

“‘You could ask who is really running the show? Jerome Powell or Jensen Huang? Amazingly, it may not be Powell, but Jensen Huang who is driving Fed expectations.’”

Higher real yields in the U.S. are a key reason why 10- BX:TMUBMUSD10Y and 30-year Treasury yields BX:TMUBMUSD30Y climbed to multi-year highs through Monday. Real yields, as measured by rates of Treasury inflation-protected securities, offer a glimpse of how the market expects the U.S. to perform when inflation isn’t a factor.

A chart provided by Emons shows how the median estimate of analysts for Nvidia’s earnings-per-share in the fiscal second quarter has been rising alongside the market-implied probabilities of a November Fed rate hike.

Technology Technology Latest News, Technology Technology Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Breaking down how Nvidia became a leader in AI hardware.Nvidia’s AI lead pushed it to become a $1 trillion company, while its H100 chips are so in demand they can be used as collateral even as the next-gen Nvidia GH200 sits on the horizon. Now the New York Times describes how it’s established a monstrous lead over other chipmakers, extending a victory tour of editorial recounting Nvidia “hand-delivering processors to Elon Musk and Sam Altman,” how it started in a Denny’s, and CEO Jensen Huang’s SIGGRAPH keynote outlining its decision to focus on AI.
Source: verge - 🏆 94. / 67 Read more »

How Nvidia's AI Strategy Fueled Its $1 Trillion ValuationChip maker Nvidia broke into the exclusive club of companies that have a $1 trillion market cap. WSJ’s Asa Fitch breaks down how Nvidia got there—and why AI is
Source: WSJ - 🏆 98. / 63 Read more »