TSMC $TSM is reportedly repurposing its GaN wafer fab for advanced packaging, as demand for CoWoS and other services rises. $NVDA

Last week, I wrote about key insights on the AI investing trend as we head into the second half of the year. ⬇️ io-fund.com/artificial-int… $NVDA $MSFT $GOOG $AMD

Meta is reportedly looking to raise $29 billion from private capital to help build AI data centers in the US, with this consisting of $3 billion in equity and $26 billion in debt. $META

Amazon’s $AMZN AWS is expected to double shipments of its in-house custom silicon chips this year, while deployments of Meta’s $META MTIA chips are expected to double by 2026, per TrendForce. $GOOG $NVDA $AVGO $MRVL $AMD

Nvidia $NVDA has surpassed a $4T market cap, becoming the first company to reach this milestone.

Oracle $ORCL is said to be slashing prices for cloud services and software for government agencies, per the WSJ, offering up to 75% discounts on license-based software and “substantial” discounts on cloud computing. $PLTR $MSFT $GOOG

Data centers built or approved for construction in the US have increased 4x since 2010, now totaling 1,240 facilities.

AI data center power demand could rise more than 30x over the next decade, from just 4 GW in 2024 to 123 GW by 2035. io-fund.com/artificial-int… $NVDA $MSFT $GOOG $AMZN

Nvidia, Microsoft and Apple are worth a combined $10.87 trillion, up more than 3x from $3.49 trillion just five years ago. $NVDA $MSFT $AAPL

Coinbase $COIN is partnering with Perplexity to launch AI-powered crypto market insights to users, with the first phase now live. The second phase will see Coinbase's crypto market data used in Perplexity's query responses. $HOOD $BTC $GOOG

Hyperscalers are expected to command 61% of global data center capacity by 2030, per Synergy Research, up from 44% last year. $MSFT $GOOG $ORCL $AMZN $META $NVDA

Though US export restrictions threaten a major market for Nvidia in China, I think it’s a bullish demand signal for $NVDA. Below I explain why and what I see for the rest of 2025 for the AI chip leader. Bloomberg Technology bloomberg.com/news/videos/20…

OpenAI is reportedly planning to launch an AI-powered browser built on Google's $GOOG open-source engine Chromium in the next few weeks, potentially featuring a native-ChatGPT interface or its Operator AI agent. $MSFT $NVDA

AI chip startup Groq has launched its first European hub in Helsinki, Finland in partnership with Equinix, expanding internationally as inference demand surges. $NVDA $AMD $AVGO

Amazon $AMZN is reportedly weighing another multibillion-dollar investment in Anthropic, after doubling its investment to $8 billion in the AI startup last November. $GOOG $MSFT $NVDA

TSMC $TSM reported 26.9% YoY revenue growth in June to NT$263.7 billion. This brought its Q2 revenue to approx. NT$934 billion ($32 billion), up 39% YoY and ahead of expectations for NT$928 billion, per Bloomberg. $NVDA $AMD $AAPL $AVGO

This week, I break down a crypto and fintech leader that is unlocking a multi-trillion-dollar market opportunity. Hitting inboxes Friday morning -- get it at the link in bio. $COIN $HOOD $CRCL

For the first half of the year, TSMC $TSM reported NT$1.77 trillion in revenue, up 40% YoY on robust AI demand. $NVDA $AAPL $AMD $AVGO