Latest Industry Trends News
AMD Surges 8.8% on Massive Meta AI Chip Deal
AMD stock jumped 8.8% to $213.84 after Meta agreed to deploy 6 gigawatts of AMD GPUs for AI data centers, with Meta gaining rights to buy up to 160 million AMD shares for 1 cent each. This highlights booming AI infrastructure demand. The deal underscores multiyear commitment to power Meta's AI ambitions.
Nvidia Earnings Set to Sway Global Markets Tonight
Nvidia's fiscal quarter earnings, due after US close, are a key catalyst for risk sentiment as investors gauge AI chip demand payoffs. Expectations remain sky-high given Nvidia's role in AI building blocks.
Large-cap tech like Nvidia drives equity directions with potential ripples worldwide.
US Equities Bounce on Cooling AI Panic, Chip Gains
US markets climbed with S&P 500 up 0.8% to 6,890.07 amid AI optimism; AMD, Salesforce, IBM rose. Home Depot gained 2% post-earnings beat despite demand concerns.
Futures flat as Asia gains on chip demand.
Asian Stocks Rally on Chip Demand; Kospi up 2.1%
South Korea’s Kospi surged 2.1% to 6,093.33, Taiwan Taiex jumped 2.1% with TSMC up 2.5%, Australia ASX 200 rose 1.2%. Gains tied to global computer chip demand for AI.
Hong Kong down but China up in mixed session.
Home Depot Sees Slowing Demand Amid Job Concerns
Home Depot reports significantly reduced demand due to consumer caution on economy and jobs, expecting flat to 2% comp sales growth in 2026. CEO cites consumer uncertainty, jobs picture as top reasons for holding off large projects.
Trend to persist without housing inflection.
UK Retail Sales Plunge to -43 Balance in February
UK CBI retail sales balance fell to -43, described as 'poor,' with low sentiment curbing investment and hiring. Online sales surged but overall demand weak amid rising costs.
Inventory managed cautiously.
Gold and Silver Rebound Strongly in Asia Session
Gold rose from below $5,100 to above $5,200 per ounce, silver hit new highs over $91 amid dovish BoJ nominee signals. Rally follows weak Tuesday amid nervous commodities trading.
Crude backed off multi-month highs.
OECD Warns of Stalled Services Trade Reforms Hurting AI Growth
OECD Services Trade Restrictiveness Index 2026 shows fewer reforms, stagnating services liberalization. Economies risk missing AI-driven growth opportunities.
Policy trends point to broader stagnation.
US ADP Jobs Accelerate to Fastest Pace Since November
US private employers added average 12,750 jobs weekly in four weeks to Feb 7, up from 11,500, per ADP. Indicates accelerating job growth amid economic focus.
Trump speech highlighted jobs and manufacturing strength.
AI Capex Hits 2% of GDP Amid Intelligence Crisis Concerns
In 2026, AI capex reaches 2% of GDP ($650bn), with AI-adjacent commodities up 65% since Jan 2023; unemployment at 4.28%. Signals massive tech investment trends.
Raises global intelligence crisis implications.
Europe Steadies with AI Chip Gains, Softer Tariff Fears
ASML up 1.1%, Infineon 1.7% on AI demand; Volkswagen rose 1.7% as US tariffs softer than feared. Novo Nordisk pressured by obesity drug updates; Edenred up 3.9% post-earnings.
Banks lagged, keeping region steady.