WS #12127
Fed Chair Warsh stated AI is a long-term job creator, productivity improvements are structurally disinflationary, and business capital investment is contributing massively to GDP. Apple is seeking to acquire an AI chip maker as its in-house chips prove insufficient, forcing reliance on NVIDIA; bullish for AAPL and AI chip sector. IBM stock plunges 25% after warning Q2 revenue fell short, dragging down tech sentiment and raising concerns about enterprise spending. ASML reported Q2 net sales of €9.3B (beat), EPS €7.59 (beat), and raised FY26 net sales guidance to ~€44B, bullish for semiconductor equipment.
Fed Chair Warsh Comments on AI and Economy
Fed Chair Warsh stated AI is a long-term job creator, productivity improvements are structurally disinflationary, and business capital investment is contributing massively to GDP.
Apple is seeking to acquire an AI chip maker as its in-house chips prove insufficient, forcing reliance on NVIDIA; bullish for AAPL and AI chip sector.
IBM stock plunges 25% after warning Q2 revenue fell short, dragging down tech sentiment and raising concerns about enterprise spending.
ASML reported Q2 net sales of €9.3B (beat), EPS €7.59 (beat), and raised FY26 net sales guidance to ~€44B, bullish for semiconductor equipment.