According to Sawyer Merritt on X, Elon Musk said Tesla's next generation AI5 chip could begin shipping to customers in late 2027, signaling a new hardware cycle.

According to CNBC... Alibaba’s June-quarter profit fell 75% as AI-driven capex hit 67.7B yuan, signaling heavy investment in compute and chips.

According to CNBC... Warsh says AI capex surge boosts productivity and makes inflation a past issue, citing efficiency gains and unit cost declines.

According to @CNBC, AI chip and cloud demand lifted equities while oil saw its biggest monthly drop, signaling capital rotation into AI plays.

According to TheRundownAI, Apple raised prices citing an AI chip crunch, while Zoox advanced robotaxis and YouTube shortened Shorts.