AMD, Nvidia, Apple Demand Fuels TSMC Expansion, USD.AI Raises $62M

Several key developments are shaping the AI and tech landscape. USD.AI is gaining traction with its AI hardware-backed stablecoin model, securing investments from YZi Labs (Binance's venture arm) and amassing over $62 million in total value locked. This platform offers rapid loans to AI startups, using GPUs as collateral. TSMC, a major chip manufacturer for companies like AMD, Nvidia, and Apple, is expanding its fabrication facilities to meet the rising demand for AI chips, driven by the increasing power needs of data centers. Nvidia is highlighted as a top AI stock, generating substantial free cash flow ($72.1 billion on $76.8 billion revenue) compared to TSMC, which invests heavily in factory maintenance. Arm Holdings is also positioned to benefit from the growth of AI-powered smart devices, providing chip designs for real-time data processing at the edge. MongoDB's stock is surging, fueled by the increasing adoption of its subscription software in AI applications, with revenue up 24% to $591.4 million. KKR's investment in Ontic, an AI-powered physical security tech company, reflects a broader trend of investment in technology-driven sectors. Micron Technology is poised for growth as AI drives demand for DRAM and NAND memory. HP is also experiencing increased revenue, with a 6% rise in its personal systems unit to $9.93 billion, driven by demand for AI PCs and the upcoming Windows 10 end-of-life, which is expected to spur a PC upgrade cycle. However, not all news is positive, as Ong Kai Min admitted to a $4.6 million fraud involving a fake AI trading scheme.

Key Takeaways

• YZi Labs is investing in USD.AI, a platform offering AI hardware-backed loans, which has already secured over $62 million in total value locked.
• TSMC is expanding its chip fabrication facilities to meet the growing demand for AI chips from companies like AMD, Nvidia, and Apple.
• Nvidia is considered a top AI stock due to its high free cash flow ($72.1 billion on $76.8 billion revenue).
• Arm Holdings is positioned to benefit from the growth of AI-powered smart devices through its chip designs.
• MongoDB's stock is rising due to increased adoption of its software in AI applications, with revenue up 24% to $591.4 million.
• KKR invested $230 million in Ontic, an AI-powered physical security tech company, reflecting a focus on technology-driven sectors.
• Micron Technology is expected to grow as AI drives demand for DRAM and NAND memory.
• HP's revenue is increasing due to demand for AI PCs and the upcoming end of Windows 10 support, with personal systems revenue up 6% to $9.93 billion.
• Ong Kai Min admitted to a $4.6 million fraud involving a fake AI trading scheme.
• China aims to triple its AI chip production by 2026 to reduce reliance on US chips, with Huawei planning to produce AI chips by year-end.

YZi Labs invests in USD.AI for AI hardware lending

YZi Labs is investing in USD.AI to help grow its AI infrastructure financing platform. USD.AI offers loans backed by AI hardware, not just cash flow. The platform already has over $62 million locked and partners with companies like K3 Capital and Euler. USD.AI aims to solve the funding problem in AI, where over $6.7 trillion is needed in five years. They can close loans in seven days, much faster than traditional methods.

YZi Labs supports USD.AI for AI hardware financing

YZi Labs, Binance's venture division, is investing in USD.AI to support AI infrastructure using stablecoins. USD.AI uses a stablecoin model to generate income based on global computing demand. Loans are backed by physical AI hardware, speeding up the financing process from months to days. USD.AI has over $62 million in total value locked and launched AutoVaults with partners like K3 Capital. YZi Labs' support will help USD.AI expand and transform hardware financing into a DeFi market.

YZi Labs backs USD.AI stablecoin for AI hardware loans

YZi Labs, owned by Binance founders, is investing in USD.AI, a stablecoin supported by AI hardware loans. USD.AI helps AI hardware operators get funding by using their GPUs as collateral. The USD.AI stablecoin has reached $62 million in total value locked and has many lending partners. This investment aims to meet the growing need for AI hardware and provide a stablecoin for 'Wall Street outsiders.' USD.AI uses AI hardware as collateral, offering a new way to unlock money from physical assets.

AI hardware backed stablecoins emerge in DeFi with USD.AI

USD.AI is using AI hardware like GPUs as collateral to offer fast loans for AI startups. YZi Labs, Binance's venture arm, supports this model. USD.AI has $62.7 million in total value locked and partners with DeFi platforms like K3 Capital. YZi's investment shows confidence in USD.AI's risk management, including automated liquidation. USD.AI aims to change how AI infrastructure is funded by connecting digital finance and real-world assets.

Will TSMC stock beat the Nasdaq in the next decade?

Taiwan Semiconductor Manufacturing (TSMC) has outperformed the Nasdaq in the past decade. TSMC is the world's largest semiconductor foundry, controlling 35% of the Foundry 2.0 market. TSMC's advanced chip manufacturing is used by companies like AMD, Nvidia, and Apple for AI chips. The growth of AI is expected to greatly increase data center power demand by 2035. TSMC is building new chip fabrication facilities to maintain its lead and continue its impressive growth.

Nvidia is a top AI stock for real profits

Nvidia is considered a top AI stock for investors seeking real profits. While TSMC seems like a good AI value stock, Nvidia turns more of its income into free cash flow. TSMC spends a lot on maintaining its chipmaking factories. Nvidia, valued at over $4.3 trillion, earns $76.8 billion and generates $72.1 billion in free cash flow. Nvidia is a strong AI company, worth the investment.

Arm Holdings powers the future of smart AI devices

Arm Holdings' chip designs are used in many AI-powered smart devices. Arm provides a chip development platform for edge AI devices that process data in real-time. Arm's CEO says they offer the only platform for developers to design chips for a wide range of uses. The company's royalty revenue comes from smartphones, IoT devices, automotive chips, and cloud networking. The smart edge AI devices market is expected to grow quickly, making Arm a strong long-term investment.

MongoDB stock soars with AI boost, Okta and BMO gain

MongoDB's stock is rising because its subscription software is gaining momentum with AI. MongoDB's revenue grew 24% to $591.4 million, beating Wall Street estimates. Okta's stock also increased after beating earnings estimates and raising its revenue outlook. Bank of Montreal's earnings beat expectations, causing its stock to rise. Nvidia is expected to report its second-quarter earnings soon.

MongoDB stock jumps on AI, Kohl's surges, Okta rises

MongoDB's stock is soaring due to the boost from AI, with revenue up 24%. Kohl's stock is up 17% after raising its annual profit forecast. Okta's stock also surged after beating earnings estimates and raising its revenue outlook. Abercrombie & Fitch's stock is roughly flat after reporting declining sales in its Abercrombie brand. Nvidia is expected to report its second-quarter earnings soon.

Analysts highlight 10 AI stocks to watch now

Analysts are recommending Fabrinet as a stock to watch, citing growth with customers like Nvidia and Amazon. Rivian Automotive is also highlighted, with a Buy rating ahead of the R2 launch. The R2 is a mid-size SUV with a $50,000 price tag, expanding Rivian's market. A consumer survey shows strong brand awareness and purchase intent for Rivian. These stocks are popular among hedge funds.

AI trading scheme leader admits $4.6M fraud

Ong Kai Min admitted to cheating investors out of over $4.6 million through an AI-powered trading scheme. Ong told investors that his company, SITI, had AI programs that would trade for them with high returns. However, no trading actually occurred, and Ong used the money for personal expenses. He faces up to 10 years in jail for each count of cheating.

KKR's valuation examined after AI security investment

KKR led a $230 million investment in Ontic, an AI-powered physical security tech company. KKR's stock has gained 15% over the past year. KKR is focusing on technology-driven sectors with high growth potential. Analysts believe KKR is undervalued, expecting future earnings and margin improvements. KKR's investments in technology and AI are helping it grow efficiently and improve profits.

Analysts rate these 10 AI stocks now

China is working to triple its AI chip production by 2026 to reduce reliance on US chips. Huawei plans to start making AI chips by the end of the year. TD Cowen lowered the price target on Elastic N.V. to $85. TD Cowen reiterated a Hold rating on Intel, noting that the US government is taking a stake in the chipmaker. These AI stocks are popular among hedge funds.

Micron Technology stock can soar with AI growth

Micron Technology is important for AI infrastructure because AI needs memory to store and retrieve data. AI is boosting the demand for DRAM and NAND memory, leading to higher profits and revenue growth. Micron's stock is currently undervalued, but it has potential to double as the market recognizes its role in AI. Micron is expected to have sustained growth as the AI sector expands.

HP revenue beats estimates with AI PC demand

HP Inc's third-quarter revenue beat expectations because of the growing demand for AI-powered PCs. A strong PC upgrade cycle is expected as Microsoft stops supporting Windows 10 in October. HP expects continued growth from Windows 11 upgrades and AI PC adoption. Revenue for the personal systems unit grew 6% to $9.93 billion.

Sources

• YZi Labs Backs USD.AI's Hardware-Collateralized Lending Protocol
• Binance’s YZi Labs Bets on AI Hardware Financing Through USD.AI Investment
• YZi Labs invests in USD.AI stablecoin backed by AI hardware loans.
• The Emergence of AI-Hardware-Backed Stablecoins: A New Frontier in DeFi and AI Infrastructure Scaling
• Prediction: This Artificial Intelligence (AI) Stock Will Outperform the Nasdaq Over the Next Decade
• This AI Stock Is a No-Brainer for Investors Focused on Real Profits @themotleyfool #stocks $NVDA $TSM $AAPL
• Prediction: This Artificial Intelligence (AI) Company Will Power the Next Era of Smart Devices @themotleyfool #stocks $ARM
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• Man who offered AI-powered trading investment scheme admits cheating victims of over $4.6m in total
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