WS #10926
Apollo Chief Economist notes the Mag 7 trade is losing fundamental support as the market rotates to quality and free cash flow, a potential headwind for mega-cap tech. OpenAI and Broadcom announced the Jalapeño AI chip, reducing OpenAI's dependence on Nvidia and potentially reshaping the AI hardware landscape. Firmus partners with Nvidia and DayOne to build a 360 MW AI data center in Indonesia, signaling continued AI infrastructure investment.
Mag 7 losing free-cash-flow edge
Apollo Chief Economist notes the Mag 7 trade is losing fundamental support as the market rotates to quality and free cash flow, a potential headwind for mega-cap tech.
OpenAI and Broadcom announced the Jalapeño AI chip, reducing OpenAI's dependence on Nvidia and potentially reshaping the AI hardware landscape.
Firmus partners with Nvidia and DayOne to build a 360 MW AI data center in Indonesia, signaling continued AI infrastructure investment.