Alpha Coverage #128
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This Week’s Alpha Coverage: YouTube Playlist or Weekly Compilation.
Editor’s Pick:
SPY 0.00%↑ TLT 0.00%↑ UUP 0.00%↑ GLD 0.00%↑ #BTC
[News] Appeals court deals Trump second loss in attempt to oust Fed Governor Lisa Cook
A federal appeals court Monday evening ruled 2-1 that President Trump cannot remove Federal Reserve Board Governor Lisa Cook from her position.
The ruling means that Cook will be allowed to participate and vote in a crucial Fed meeting on Sept. 16 and 17 which will involve discussion on a potential interest rate cut.
The decision upholds one a lower court made on Sept. 9 allowing Cook to remain.
Link to Seeking Alpha News Article - Sep. 15, 2025
#BTC #ETH
[News] Most fund managers are not structurally allocated to crypto – BofA’s Global FMS
A whopping 67% of fund managers have about 0% of their portfolio allocated to crypto (BTC-USD), (ETH-USD), (XRP-USD), (USDT-USD) in September.
Only 3% of investor respondents said they have a 2% allocation. About 3% of them said they have a 4% allocation, and only 1% have an 8% allocation or more.
Link to Seeking Alpha News Article - Sep. 16, 2025
[News] BWXT secures $1.5 billion NNSA contract for uranium enrichment program
BWX Technologies (NYSE:BWXT) on Tuesday said it has been awarded a $1.5 billion contract by the U.S. Department of Energy’s National Nuclear Security Administration (NNSA) to support the development of a domestic uranium enrichment capability for defense purposes.
Under the contract, BWXT will design, build, and operate the Domestic Uranium Enrichment Centrifuge Experiment (DUECE) pilot plant at its Erwin, Tennessee, site.
The plant will initially produce low-enriched uranium [LEU] for defense missions and later be repurposed for producing highly enriched uranium [HEU] for naval propulsion.
BWXT began construction of its Centrifuge Manufacturing Development Facility in Oak Ridge, Tennessee, in June 2025 to support the project.
Link to Seeking Alpha News Article - Sep. 16, 2025
#ETH #SOL
[News] Nasdaq Files With SEC to Enable Tokenized Securities Trading
Nasdaq has filed with the U.S. Securities and Exchange Commission to allow tokenized securities to trade on its exchange starting in 2026., aiming to merge blockchain innovation with traditional market safeguards. The proposal ensures tokenized assets function like regular securities, protecting investor rights while tapping blockchain’s benefits of faster settlement, automation, and efficiency. Nasdaq emphasized that governance, resilience, and investor protection remain central, noting that responsible integration could modernize proxy voting, settlement cycles, and corporate actions. The move marks an early but significant step in bridging digital and traditional markets.
Link to LinkedIn Post - Sep. 8, 2025
Link to Troutman Financial Services Article - Sep. 8, 2025
News, Facts, Analyst & Market Commentary - Short Reads:
SMH 0.00%↑ KWEB 0.00%↑ NVDA 0.00%↑
U.S. semiconductor sector targeted in new China investigations
The Ministry of Commerce in China announced on Saturday two investigations targeting the U.S. semiconductor sector shortly after the Trump administration expanded its restricted trade list, adding 23 Chinese firms.
According to a statement on the ministry website, China launched an anti-dumping investigation on Sept. 13 targeting imports of certain analog chips manufactured in the U.S.
Another statement announced the launch of an investigation into what the ministry identified as “anti-discrimination measures” against China’s integrated circuit sector.
Link to Seeking Alpha News Article - Sep. 13, 2025
Tesla rallies to an eight-month high after Elon Musk buys more than $1B worth of shares
Tesla (NASDAQ:TSLA) CEO Elon Musk snapped up 2,568,732 shares of the company's stock, according to a new SEC filing. The shares were bought on September 12 in a price range of $371.38 to $396.54 per share.
Link to Seeking Alpha News Article - Sep. 15, 2025
BMNR 0.00%↑ #ETH
BitMine Immersion reveals $10.77B in crypto holdings
BitMine Immersion Technologies (NYSE:BMNR) reports total holdings of $10.77B in crypto, cash, and strategic investments as of September 14, 2025.
Holdings include 2.15M ETH.
The company also holds 192 BTC, $214M in Eightco (ORBS), and $569M in unencumbered cash.
Link to Seeking Alpha News Article - Sep. 15, 2025
Robinhood files to launch closed-end fund for retail access to private firms
Robinhood Markets (NASDAQ:HOOD) is moving further beyond public markets, filing plans for a new closed-end fund that would give everyday investors exposure to privately held companies, it said on Monday.
The retail trading platform filed an initial registration statement with the U.S. Securities and Exchange Commission to start the process to register a public offering of the fund's shares. The fund was dubbed Robinhood Ventures Fund I.
The fund, if approved, will list on the New York Stock Exchange under the ticker RVI.
Link to Seeking Alpha News Article - Sep. 15, 2025
Redwire jumps over 5% on Honeywell partnership to build a quantum satellite communication system
The companies have collaborated to develop quantum-secured technologies that seek to help governments and defense agencies protect sensitive data from cyber and quantum threats, while also speeding up quantum key distribution services for commercial use, Honeywell said in a press release.
Link to Seeking Alpha News Article - Sep. 15, 2025
[Newsletter Exclusive] Dollar declines as markets brace for a Fed rate cut-Currency Recap
The dollar was pressured by increasing conviction that the Fed is going to cut rates soon.
In another turn of events, the Senate voted to confirm Stephen Miran, Trump's top economic adviser, to the Federal Reserve's Board of Governors.
Lawmakers voted 48-47 to approve the confirmation of Miran, who will fill the seat that Adriana Kugler stepped down from last month.
He will be the first sitting White House official to serve on the Fed's board since 1935. This has raised concerns over potential political interference.
Link to Seeking Alpha News Article - Sep. 16, 2025
High Tide shares jump on Q3 earnings beat
The jump in shares was seen after High Tide (NASDAQ:HITI) posted Q3 results that beat expectations, with revenue of $149.7M vs. $106.5M consensus and adjusted EPS of $0.01 vs. -$0.01 expected.
High Tide’s Canna Cabana chain now holds 12% market share in Canada, and its Cabana Club loyalty program surpassed 2.15M members (+39% Y/Y).
The company said that it has also completed a 51% acquisition of Remexian, expanding into Germany’s medical cannabis market, and operates 207 stores with plans to exceed 300.
Same-store sales rose 7.4% Y/Y, while core brick-and-mortar revenue grew 18%. Free cash flow climbed 148% Y/Y to $7.7M, and the company returned to net profitability with $832K.
Link to Seeking Alpha News Article - Sep. 16, 2025
BlackSky wins NGA Luno A delivery order for AI-enabled change detection
BlackSky Technology (NYSE:BKSY) on Tuesday said it has won another National Geospatial-Intelligence Agency (NGA) Luno A delivery order for automated general change detection.
"This foundational space-based analytics award leverages BlackSky’s proprietary computer vision and other AI capabilities to identify areas of change caused by human activity," the company said.
Under this order, BlackSky will use its very high-resolution Gen-3 and high-cadence Gen-2 imagery plus other commercial sources of data to identify areas of the Earth that have experienced change caused by human activity.
Link to Seeking Alpha News Article - Sep. 16, 2025
[Newsletter Exclusive] CrowdStrike and Salesforce partner to enhance AI security
CrowdStrike (NASDAQ:CRWD) and Salesforce (CRM) on Tuesday announced a new strategic partnership to enhance the security of AI agents and applications built on Agentforce and the Salesforce Platform.
"Through integrations between CrowdStrike Falcon Shield and Salesforce Security Center, Salesforce admins and security professionals will gain enhanced visibility, compliance support, and protection for mission-critical workflows," said the cybersecurity firm.
The Falcon Shield integration will be available from within the Salesforce Security Center and on the Salesforce AppExchange this year, it added.
The partnership also enables customers to access CrowdStrike’s agentic security analyst, Charlotte AI, through Agentforce for security and use it to work directly alongside teammates in Slack, flagging potential threats and recommending actions in a conversational manner as any other employee would.
Charlotte AI will be integrating into Slack via Agentforce for Security and available via the AgentExchange and Slack Marketplace this year, highlighted the company.
Link to Seeking Alpha News Article - Sep. 16, 2025
XPeng is on watch after reports of an eVTOL accident in China
Reports out of China indicate that two XPeng (NYSE:XPEV) eVTOLs collided during a rehearsal for an air show and crashed.
The two XPeng (NYSE:XPEV) Aeroht eVTOLs crashed at the site of the Changchun Airshow in Jilin, northeast China, according to a report by local media. CNEVPOST.com reported that at least one passenger was injured and has been hospitalized, with no immediate life-threatening injuries.
One of the eVTOLs was able to land safely, while the other suffered body damage and caught fire upon landing.
In statements to various media outlets, the company confirmed that two of its eVTOLs collided while performing a formation flight drill due to "insufficient flight distance" or "insufficient spacing."
XPeng's (XPEV) eVTOL program is run out of its subsidiary XPeng AeroHT. The program targets both urban air mobility and the emerging flying car market. XPeng's (XPEV) flagship concept is the Land Aircraft Carrier, described as a modular vehicle that combines an electric minivan with a compact, folding eVTOL aircraft housed in the back.
Link to Seeking Alpha News Article - Sep. 16, 2025
Link to Yicai Global News Article - Sep. 16, 2025
Link to Newsweek News Article - Sep. 16, 2025
#BTC #ETH #LTC #MATIC #ADA #SAN #Bitcoin #Ether #Litecoin #Polygon #Cardano
Santander's Openbank launches crypto trading for German customers
Banco Santander's (NYSE:SAN) digital bank Openbank on Tuesday rolled out crypto trading in Germany, giving retail customers access to Bitcoin (BTC-USD), Ether (ETH-USD), Litecoin (LTC-USD), Polygon (MATIC-USD) and Cardano (ADA-USD).
Users will be able to trade the five digital tokens, and, over the coming months, Openbank will expand its portfolio of available cryptos and will introduce new functionalities such as conversion between different coins.
The new crypto offering, which allows customers to manage their portfolios without shifting money to external platforms, will be launched in Santander's (NYSE:SAN) home turf, Spain, in the coming weeks.
"By incorporating the main cryptocurrencies into our investment platform, we are responding to the demand of some of our customers and continue to strengthen a broad range of products and services through an agile, simple technology platform backed by one of the world’s leading financial groups," said Coty de Monteverde, head of Crypto at Grupo Santander.
Openbank is charging a 1.49% fee for buying and selling digital assets, with a minimum transaction cost of one euro and no extra fee for custody.
Link to Seeking Alpha News Article - Sep. 16, 2025
COIN 0.00%↑ CRCL 0.00%↑ C 0.00%↑ BAC 0.00%↑ BCS 0.00%↑ #BTC #ETH
U.S., U.K. said to outline closer crypto coordination
The U.S. and U.K. are preparing a deal to coordinate more closely on crypto and stablecoins after talks between Chancellor Rachel Reeves and U.S. Treasury Secretary Scott Bessent, according to a media report published Tuesday.
Crypto firms Coinbase Global (COIN), Circle Internet Group (CRCL) and Ripple, as well as lenders Citigroup (C), Bank of America (BAC) and Barclays (BCS), were among the attendees at a meeting debating the push to implement a transatlantic framework for crypto and capital markets, the Financial Times reported, citing people familiar with the matter.
Link to Seeking Alpha News Article - Sep. 16, 2025
[Newsletter Exclusive] IonQ to acquire Vector Atomic, expanding into quantum sensing
IonQ (NYSE:IONQ) has entered into a definitive agreement to acquire Vector Atomic, which has secured $200M+ in government contracts and delivers critical U.S. federal and national security applications.
The all-stock transaction is anticipated to accelerate IonQ’s entry into the quantum sensing market and strengthen its full-stack quantum platform, IonQ (NYSE:IONQ) said in a statement.
All 76 of Vector Atomic’s employees will join IonQ, adding to the company’s world-class quantum talent pool. The company was founded in 2018 and is based in Pleasanton, California.
Link to Seeking Alpha News Article - Sep. 17, 2025
NVDA 0.00%↑ BABA 0.00%↑ BIDU 0.00%↑ #Huawei #Cambricon
China orders local tech firms to stop buying Nvidia’s AI chips: report
The Cyberspace Administration of China has banned the nation's largest technology companies from buying Nvidia’s (NASDAQ:NVDA) AI chips, the Financial Times reported.
Several companies had indicated they would order tens of thousands of the RTX Pro 6000D, and had begun testing and verification work with Nvidia’s server suppliers, the report noted.
However, after the companies received the order from CAC, they told their suppliers to stop the work, according to the report.
The ban goes beyond earlier guidance from regulators which focused on Nvidia's other China-specific chip, H20. It comes after Chinese regulators decided that domestic chips had reached performance comparable to those of Nvidia’s products used in China, the report noted.
China is putting pressure on local tech companies to boost the country’s domestic semiconductor industry and break their dependence on Nvidia so it can compete in an AI race against the U.S.
Recently, China's regulators summoned local chipmakers such as Huawei Technologies and Cambricon, as well as Alibaba and Baidu, which also make their own chips, to report how their products compare against Nvidia’s China chips, the report added.
The regulators concluded that China’s AI processors have reached a level equal to or exceeding that of the Nvidia chips allowed under export controls, the report noted.
Nvidia unveiled the RTX Pro 6000D in July during CEO Jensen Huang’s visit to China, when the U.S. company also said Washington was easing its previous ban on the H20 chip.
The RTX Pro 6000D, which the company has said could be used in automated manufacturing, was the last product Nvidia was allowed to sell in China in significant volumes, the report noted.
On Monday, it was reported that Nvidia's RTX6000D for China had seen tepid demand, with some major Chinese tech companies opting not to place orders. Reportedly, testing of samples showed that the chip's performance was weaker than the RTX5090 — a chip banned by the U.S. for use in China but which is still available via grey market channels at less than half the RTX6000D's price of about 50,000 yuan ($7,000).
Nvidia regained permission to sell the H20 in July but shipments have yet to begin. Last week, Nvidia said it has received licenses for several of its key customers in China for the H20 chip but noted that there are some geopolitical situations it needs to work out between the U.S. and China.
Link to Seeking Alpha News Article - Sep. 17, 2025
Lyft partners with Waymo to offer autonomous ride-hailing in Nashville
The collaboration leverages Lyft's (NASDAQ:LYFT) proprietary fleet management services through its Flexdrive subsidiary with Waymo’s (GOOG) Nashville fleet.
Lyft (NASDAQ:LYFT) riders will have the opportunity to hail Waymo's (GOOG) fully autonomous vehicles first on the Waymo (GOOG) app, with plans to also dispatch its fleet on Lyft's (LYFT) network for matched rides later in 2026.
As part of this partnership, Lyft (LYFT) will construct a purpose-built AV fleet management facility with charging and vehicle service capabilities.
Link to Seeking Alpha News Article - Sep. 17, 2025
Reddit and Google in talks for their next content agreement - report
Reddit (NYSE:RDDT) is in early discussions with Google (NASDAQ:GOOG) (NASDAQ:GOOGL) for their next content-sharing agreement, according to a report by Bloomberg on Wednesday. The new agreement would allow deeper integration of Reddit's content into Google’s AI products.
The new partnership would encourage users to become active contributors to Reddit’s popular online forums, so Google traffic could help the company grow and generate content for future training, the report said, citing executives familiar with the discussions.
Reddit also plans to discuss with Google and OpenAI, which has a similar agreement, a future deal structure that could allow for dynamic pricing, where the social platform can be paid more as it becomes more vital to AI answers, the executives told Bloomberg.
Typically, AI companies pay a specific amount to showcase Reddit content within their AI products or to train their AI models. But Reddit believes these terms don’t adequately reflect how valuable their data has been to these platforms, the executives reportedly said.
Discussions between Reddit and Google have been productive, the report said.
Link to Seeking Alpha News Article - Sep. 17, 2025
IonQ signs MoU with Department of Energy for deployment of quantum technologies in space
IonQ (NYSE:IONQ), Honeywell (NASDAQ:HON) and The Electric Power Board of Chattanooga partnered with the U.S. Department of Energy to boost quantum computing use cases in space, the government agency announced on Wednesday.
The memorandum of understanding comes in the wake of the department's growing Quantum in Space initiative.
IonQ's role will be to provide design and execution of an orbital demonstration of quantum-secure communications using its satellite platform.
The collaboration is also expected to explore additional quantum applications in space, including alternate position, navigation, and timing, time synchronization, quantum networking, and sensing.
Link to Seeking Alpha News Article - Sep. 17, 2025
Link to Seeking Alpha News Article - Sep. 17, 2025
GOOG 0.00%↑ #OpenAI
OpenAI models top Google's Gemini 2.5 at 'Olympics of programming'
Microsoft-backed (NASDAQ:MSFT) OpenAI's artificial intelligence models scored high enough to earn a first-place human ranking at the 2025 International Collegiate Programming Contest World Finals in Baku, Azerbaijan.
OpenAI used a combination of GPT-5 and an experimental reasoning model to solve 12 algorithmic problems in less than five hours. GPT-5 correctly solved the first 11 problems, while the experimental model solved the final and most difficult one.
Google's (NASDAQ:GOOG)(NASDAQ:GOOGL) Gemini 2.5 Deep Think solved 10 of the 12 problems correctly.
The best human team at the event solved 11 of the 12.
Link to Seeking Alpha News Article - Sep. 17, 2025
Palantir to sign $1B AI-focused deal with UK military: report
Palantir Technologies (NASDAQ:PLTR) is set to sign a roughly $1B deal (£750M) with the U.K. military as part of President Trump's trip to the country, The Times of London reported.
The U.K.'s Ministry of Defence will spend the amount on Palantir's artificial intelligence technology. The Royal Navy will also be a part of the contract, the news outlet added, citing a person familiar with the deal.
As per the terms of the deal, Palantir will collect information from various databases across the U.K. military and identify recruitment gaps and whether a person is suitable to be deployed. It will also allow Palantir to identify parts and maintenance periods for the U.K.'s military assets.
It will also coincide with a commitment from Palantir to invest up to approximately $2B in the U.K. over five years, sources told the news outlet.
Link to Seeking Alpha News Article - Sep. 17, 2025
[Newsletter Exclusive] ABC pulls Jimmy Kimmel’s show off-air over Charlie Kirk remarks
Walt Disney (NYSE:DIS)’s ABC Network is taking late-night show Jimmy Kimmel Live! off air after the host received backlash for his remarks on his latest episode about the killing of Republican activist Charlie Kirk.
The suspension started with Wednesday’s broadcast and came after Nexstar Media Group (NXT) which owns several ABC TV affiliates, said it would pull the show from its stations for the foreseeable future, calling Kimmel’s remarks “offensive and insensitive.”
Jimmy Kimmel in his show’s recent episode, accused Republicans of using Charlie Kirk’s death to criticize their opponents.
Brendan Carr, chairman of the Federal Communications Commission, recently told podcast host Benny Johnson that he had a strong case to punish Kimmel, ABC, and Disney.
Meanwhile, Sinclair (SBGI), the largest owner of ABC affiliates, owning 40 ABC stations, said in a separate statement that it will keep Kimmel’s program off the air.
The broadcaster also asked Kimmel to issue an apology to the Kirk family and make a donation to his political organization.
Link to Seeking Alpha News Article - Sep. 18, 2025
China drops Google antitrust probe amid trade talks with US: report
China has decided to end its antitrust investigation into the dominance of Alphabet (GOOGL)-owned Google’s Android in the smartphone arena, the Financial Times reported on Thursday, citing people briefed on the move.
China had announced an antitrust probe on Google earlier this year for allegedly violating the country’s anti-monopoly law.
According to the FT report, Chinese government agencies are now instead focusing on Nvidia (NVDA).
Link to Seeking Alpha News Article - Sep. 18, 2025
NVDA 0.00%↑ #Huawei
[Newsletter Exclusive] Huawei unveils new AI chip roadmap to challenge Nvidia, plans four Ascend releases by 2028
Huawei Technologies unveiled its new SuperPod technology that can support linking as many as 15,488 graphics cards containing Huawei’s Ascend-branded artificial intelligence chips, demonstrating a supercluster with 1 million graphics cards, the company said in a statement on Thursday, as per Bloomberg.
Huawei also announced a new lineup of AI chips it will release over the next three years at a company event on Thursday, according to Chinese media. The company is planning to launch Ascend 950PR early next year, Ascend 950DT chip in late 2026, Ascend 960 in late 2027, and Ascend 970 in late 2028.
Link to Seeking Alpha News Article - Sep. 18, 2025
UBER 0.00%↑ #Flytrex
Uber partners with Flytrex for Uber Eats drone delivery
As part of the company’s efforts to build a multimodal delivery service, Uber Technologies (NYSE:UBER) announced a partnership with Flytrex to launch drone deliveries by the end of this year.
Flytrex is one of only four drone delivery providers authorized by the Federal Aviation Administration for Beyond Visual Line of Sight (BVLOS) operations, a distinction that will enable Uber (NYSE:UBER) to make deliveries in minutes while avoiding traffic and reducing emissions.
As part of the partnership, Uber (NYSE:UBER) will make an investment in Flytrex to accelerate the development and deployment of drone delivery technology.
Link to Seeking Alpha News Article - Sep. 18, 2025
RGTI 0.00%↑ #QphoX
Rigetti, in collaboration with QphoX, awarded $5.8M AFRL contract
Rigetti Computing (NASDAQ:RGTI) on Thursday said it was awarded a three-year, $5.8 million contract from the Air Force Research Laboratory (AFRL) to advance superconducting quantum networking.
Rigetti will be collaborating with Dutch quantum technology startup QphoX on the project.
Quantum networking is being explored for its potential revolutionary use cases, such as distributed quantum computing and developing a secure quantum internet.
The project aims to deliver systems providing entanglement between superconducting qubits and optical photons, the essential building block of quantum networking, it added.
Link to Seeking Alpha News Article - Sep. 18, 2025
CRISPR Therapeutics wins new Overweight rating at J.P. Morgan on pipeline prospects
CRISPR Therapeutics (NASDAQ:CRSP) traded higher in the premarket on Thursday after J.P. Morgan initiated its coverage with an Overweight recommendation, noting how the company stands out in the gene editing space thanks to its pipeline potential.
The Swiss biotech, which markets Casgevy in-vivo gene editing therapy in partnership with Vertex Pharma (VRTX), deserves “a new look from investors as it gets closer to several inflection points across its portfolio,” analyst Brian Cheng wrote with a $70 target on the stock.
CRISPR’s (NASDAQ:CRSP) autoimmune CAR-T candidates, such as CTX112, allow it a faster path for market entry, the analyst added. Meanwhile, its in vivo techniques led by ANGPTL3 and Lp((a)) candidates have a compelling opportunity to chart the company’s next growth trajectory, given the pharma’s interest in this space, Cheng said.
“We believe CRSP has the right strategy and sufficient reserves to avoid falling into the same trap that we see in some of its gene-editing peers by balancing its portfolio with an autoimmune cell therapy and an in vivo cardiovascular play,” J.P. Morgan wrote.
Link to Seeking Alpha News Article - Sep. 18, 2025
GOOG 0.00%↑ GOOGL 0.00%↑ VIA 0.00%↑ #Waymo
Via Transportation gains after announcing a partnership with Waymo
Via Transportation (NYSE:VIA) announced a strategic partnership with Waymo (GOOG) to allow government agencies leveraging the company's software to introduce Waymo’s (GOOG) fully autonomous ride-hailing service directly into their public transit networks.
The first city to utilize the partnership will be Chandler, Arizona, as it integrates Waymo’s service into the city’s Chandler Flex microtransit service. Chandler Flex will leverage Via's (NYSE:VIA) proprietary algorithms, designed to efficiently and dynamically aggregate multiple riders into a single vehicle, to create a flexible mass transit system with routes that adapt to passenger demand in real-time. Via's (VIA) routing technology will incorporate Waymo vehicles into its existing fleet, using Via's (VIA) scheduling engine to understand passengers' unique travel requirements and ensure that the right vehicle is matched to every trip.
Link to Seeking Alpha News Article - Sep. 18, 2025
NVDA 0.00%↑ INTC 0.00%↑ TSM 0.00%↑
Nvidia, Intel sign blockbuster deal to co-develop chips; Nvidia to take $5B stake in Intel
Nvidia (NASDAQ:NVDA) and Intel (NASDAQ:INTC) announced a blockbuster deal on Thursday to co-develop PC and data center chips. Simultaneously, Nvidia said it would take a $5B stake in Intel.
As part of the deal, the two companies will use Nvidia's NVLink, bringing Nvidia's artificial intelligence and accelerated computing strength and Intel's x86 architecture. Intel will build Nvidia-custom x86 CPUs for the data center, and Intel will build and offer x86 system-on-chips that integrate into Nvidia's RTX GPUs. The RTX system-on-chips will be aimed at the PC market.
Nvidia (NASDAQ:NVDA) CEO Jensen Huang said Taiwan Semiconductor Manufacturing (NYSE:TSM) will provide the foundry support for the "revolutionary" chips they are making with Intel (NASDAQ:INTC).
"We both still have a lot of respect for TSMC, and we will continue to work with them," said Intel CEO Lip-Bu Tan. "We will still work on 14a and 18a and see if that can be used at some point in the future."
Link to Seeking Alpha News Article - Sep. 18, 2025
Link to Seeking Alpha News Article - Sep. 18, 2025
WeRide Robobus receives test permit in Belgium
WeRide (NASDAQ:WRD) has received Belgium’s first federal permit to test its Level 4 autonomous Robobus shuttle.
The permit, signed by Belgium’s Minister of Mobility, allows WeRide’s Robobus to operate on an 8km loop between Leuven and Heverlee with nine stops. The service will be run in partnership with Flemish public transport operator De Lijn, the City of Leuven, and mobility consultancy Espaces-Mobilités.
Pending approval from the Flemish authorities, the Robobus will begin public road testing in the coming weeks, with a safety officer onboard during the initial phase.
Once testing is complete, De Lijn will operate a pilot autonomous shuttle service along the same 8km route from mid-November through January 2026. This will mark Belgium’s first commercial deployment of autonomous vehicles (AVs) in mixed traffic, with passengers boarding via digital ticket, SMS, or subscription. The shuttles are then expected to enter regular service.
With this approval, the company now holds autonomous driving permits in seven countries, including China, France, the UAE, Saudi Arabia, Singapore, and the U.S.
Link to Seeking Alpha News Article - Sep. 19, 2025
AI czar David Sacks urges to update export controls as AI race heats up with China
"It’s time for Washington to update its assumptions with regard to export controls. American chip companies must be allowed to sell the American technology stack abroad, albeit with security requirements, else we forfeit the AI race to China. If we refuse to do business with a country, we push it into China’s arms," White House AI & Crypto Czar David Sacks said in a post on X.
Sacks noted that excessive bureaucratic delays are a "gift for Huawei," which will fill out purchase orders as American companies fill out forms.
"The hawkish position with respect to China is to help American companies win the AI race, not to help Huawei create a Digital Silk Road," said Sacks.
Sacks noted that the question of what the U.S. sells China will always be complicated, and there’s room for a range of opinions on that. "But the question of whether we sell to the rest of the world, especially our friends and allies, should be an easy one," Sacks noted.
Link to Seeking Alpha News Article - Sep. 19, 2025
Cheeseburger in paradise: Shake Shack coming to Hawaii in 2027
Through a partnership with Honolulu-based Union MAK Corp, Shake Shack (NYSE:SHAK) is coming to Hawaii with the first Shack set to open in Oahu in 2027.
The company plans to incorporate local flavors and artwork into its Oahu restaurants to reflect the Hawaiian community, along with its signature dishes.
Union MAK will become the exclusive licensed partner for Shake Shack (NYSE:SHAK) on Oahu.
With its expansion into Hawaii, Shake Shack (NYSE:SHAK) is now in 35 U.S. states and the District of Columbia with a total of 371 locations.
Link to Seeking Alpha News Article - Sep. 19, 2025
NVDA 0.00%↑ #OpenAI
OpenAI considers $100B spend on backup servers as ChatGPT approaches 1B users: report
Microsoft-backed (NASDAQ:MSFT) OpenAI continues to see usage surge for its artificial intelligence tools, prompting the company to consider spending up to $100B to rent backup servers from cloud service providers, according to The Information.
The money would be in addition to the $350B OpenAI has already planned to spend on cloud service providers through 2030, the report said, citing people familiar with the matter. OpenAI's ChatGPT is approaching 1B weekly active users. It has experienced a handful of outages over the past year that sometimes lasted for several hours.
Link to Seeking Alpha News Article - Sep. 19, 2025
Disclosure: We own positions in some/all of the tickers mentioned in this article.