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Nvidia CEO Jensen Huang attended a groundbreaking in Sherman, Texas for a $2B Coherent factory expansion that will quadruple output and create 1,000 jobs tied to AI infrastructure.
Jefferies' Christopher Wood flags elevated correction risk for AI stocks as SpaceX's $1.77 trillion IPO, rising bond yields, and concentrated positioning in Nvidia and TSMC test investor appetite.
Nvidia has started selling its Vera CPU to Chinese customers. Orders are open now, deliveries could start in August, and one major cloud firm plans to test 300+ servers.
Nvidia told Chinese clients its Vera CPU could ship as soon as August. One major cloud firm plans to order 300+ servers for testing, with a single chip priced above $20,000.
German humanoid robot startup NEURA Robotics announced a Series C of up to $14B, with Amazon, Nvidia, Qualcomm, and Tether among the backers. A source puts the valuation at ~$70B.
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