September 24, 2025

finance  
nvidia, amd and openai Updates

The artificial intelligence sector continues to see significant investment and development, with memory chipmaker Micron Technology reporting strong fiscal fourth quarter earnings that surpassed Wall Street expectations. Micron's revenue reached $11.3 billion, a performance driven by high demand for AI hardware, particularly its high-bandwidth memory (HBM) chips, which are crucial for AI models and infrastructure. The company anticipates continued strength into its first fiscal quarter, projecting revenue above market estimates and expecting to secure deals for all its HBM chips for calendar year 2026 soon. Micron's results are viewed as a positive indicator for the broader AI trade, benefiting key suppliers like Nvidia and Advanced Micro Devices. In parallel, venture capitalists are aggressively funding AI startups, with a substantial portion of capital directed towards major players like OpenAI and Anthropic. OpenAI, the creator of ChatGPT, is reportedly entering a strategic partnership with Nvidia, which plans to invest up to $100 billion in the AI research company. This collaboration is expected to further cement Nvidia's dominance in the AI chip market. Amidst this AI boom, some investors are shifting away from other sectors, leading to drops in stocks like Opendoor as funds move towards AI and precious metals. The immense financial needs of AI infrastructure are also giving rise to specialized lenders capable of providing multi-billion dollar investments for AI data centers. Meanwhile, in a separate development, AI startup Phia, an AI-based shopping agent, has raised $8 million in seed funding to enhance its personalized shopping agent powered by a proprietary large language model.

Key Takeaways

  • Micron Technology reported fiscal fourth quarter revenue of $11.3 billion, exceeding analyst expectations and signaling strong demand for AI hardware.
  • Micron forecasts first-quarter revenue above market estimates, driven by its crucial high-bandwidth memory (HBM) chips for AI development.
  • Nvidia's stock surged following news of a potential $100 billion investment in OpenAI, the creator of ChatGPT.
  • Venture capitalists are aggressively funding AI startups, with significant investments flowing into companies like OpenAI and Anthropic.
  • The demand for AI infrastructure is leading specialized lenders to provide multi-billion dollar investments for AI data centers.
  • AI startup Phia has secured $8 million in seed funding to develop its AI-powered shopping agent.
  • Micron's strong performance is seen as a positive indicator for the broader AI trade, benefiting chipmakers like Nvidia and AMD.
  • Investors are shifting funds towards AI stocks and precious metals, contributing to declines in other sectors like Opendoor.
  • Micron expects to finalize deals for all its HBM chips for calendar year 2026 soon.
  • The AI sector's growth is driving significant financial activity, from chip manufacturing to startup funding and data center investment.

Micron beats earnings expectations, signals strong AI demand

Micron Technology announced its fiscal fourth quarter earnings, surpassing Wall Street's expectations. The company reported $11.3 billion in revenue and $3.03 in adjusted earnings per share, exceeding analyst forecasts. Micron also provided a positive outlook for its 2026 fiscal first quarter, with revenue guidance above expectations. This performance is seen as a positive sign for the AI trade, as Micron's memory chips are crucial for AI infrastructure. CEO Sanjay Mehrotra highlighted the company's strong momentum and competitive portfolio for the upcoming year.

Micron's record sales and outlook boost AI stock confidence

Micron Technology reported record quarterly sales and strong earnings, with adjusted earnings per share of $3.03 on revenue of $11.32 billion. This performance, driven by high demand for AI hardware, exceeded analysts' estimates. As a key supplier to AI chipmakers like Nvidia and Advanced Micro Devices, Micron's results are viewed as a bullish signal for the broader AI trade. CEO Sanjay Mehrotra emphasized the company's strong momentum and competitive position entering fiscal year 2026.

Micron earnings beat expectations amid AI demand surge

Micron is set to report its fiscal fourth quarter earnings, which surpassed Wall Street's expectations. The company's revenue reached $11.15 billion, a 44% increase from the previous year, according to analyst estimates. This performance is a key indicator for the AI trade and suggests the memory chipmaker's stock may continue its upward trend. Investors are closely watching the semiconductor industry for signs of a rebound driven by the artificial intelligence boom.

Micron's Q4 earnings beat estimates, signaling AI trade strength

Micron Technology Inc. reported fiscal fourth quarter earnings that exceeded Wall Street's expectations, offering a positive sign for the AI trade. The company's revenue of $11.3 billion surpassed analyst forecasts, and adjusted earnings per share were also higher than anticipated. Micron's stock has seen significant gains recently, driven by its crucial role in providing memory chips for AI applications. Analysts remain optimistic about Micron's position in the growing AI market.

Stock market dips as AI optimism wanes; IonQ announces quantum milestone

The S&P 500 pulled back from record highs as investors grew concerned about the sustainability of the AI bull trend, with Nvidia and Oracle shares falling. Federal Reserve Chair Jerome Powell also noted that equity prices are highly valued. Meanwhile, IonQ announced a significant quantum internet milestone, successfully demonstrating the conversion of visible wavelengths to telecom wavelengths. This achievement could enable the interconnection of quantum computers over long distances using existing fiber optic infrastructure. Other news included Boeing securing large deals and Federal Reserve Governor Michelle Bowman expressing concerns about the labor market.

Micron forecasts strong Q1 revenue driven by AI demand

Micron Technology is forecasting first-quarter revenue above market estimates, driven by the booming demand for AI hardware. The company's high-bandwidth memory (HBM) chips are crucial for developing advanced AI models and data center infrastructure. Micron expects to secure deals for all its HBM chips for calendar year 2026 soon. The company also anticipates a significant boost in its adjusted gross margin. Micron's performance is seen as a major benefit from the ongoing AI expansion in the semiconductor industry.

Micron projects strong Q1 sales fueled by AI boom

Micron Technology anticipates first-quarter revenue of approximately $12.5 billion, surpassing analyst expectations, due to increased demand for AI equipment. The company, a leading US maker of computer memory chips, supplies critical high-bandwidth memory (HBM) to AI developers like Nvidia. Micron also projects strong profit per share, exceeding forecasts. In the fiscal fourth quarter, sales rose 46% to $11.3 billion, with earnings of $3.03 per share, both above expectations.

Phia raises $8 million seed funding for AI shopping agent

Phia, an AI-based shopping agent founded by Phoebe Gates and Sophia Kianni, has secured $8 million in seed funding led by Kleiner Perkins. Launched in April 2025, Phia offers an iOS app and browser extension that helps users compare prices, summarize product details, and track price drops. The platform has already gained 500,000 users and partnered with over 5,000 brands. Phia plans to use the funding to develop a personalized shopping agent powered by a proprietary large language model and expand its team and infrastructure.

VCs aggressively fund AI startups amid intense competition

Venture capitalists are aggressively pursuing top AI startups, offering significant funding and favorable terms. Companies like Decagon, an AI customer service startup, have received multiple preemptive funding rounds, with investors offering high valuations. This trend highlights a frenzy for AI investments, with a large portion of venture capital going to a few leading companies like OpenAI and Anthropic. While this offers opportunities for startups, concerns about an AI bubble and unsustainable valuations are also present, reminiscent of the dot-com era.

Dow hits record high as inflation data looms; Nvidia nears buy zone

Major stock indexes, including the Dow Jones Industrial Average, reached record highs following the Federal Reserve's interest rate cut. Nvidia's stock also hit an all-time high and is approaching a buy zone. Investors are now anticipating key inflation data, such as the personal consumption and expenditure report for August. The market is closely watching these reports for further clues on the economic outlook and potential future Fed actions.

Nvidia stock surges on $100 billion OpenAI partnership

Nvidia's stock experienced a significant jump following the announcement of a strategic partnership with OpenAI, the creator of ChatGPT. Under this agreement, Nvidia plans to invest up to $100 billion. This collaboration is expected to further solidify Nvidia's position as a leader in the AI chip market and drive innovation in artificial intelligence.

Key lenders for AI data center funding emerge

The immense financial needs of artificial intelligence have led to the rise of specialized lenders capable of providing multi-billion dollar investments for AI data centers. These lenders include major financial institutions like JPMorgan Chase and Blackstone, as well as other significant players in the market. This trend highlights the growing importance of dedicated funding sources to support the rapid expansion of AI infrastructure.

Opendoor stock drops as investors shift to AI and precious metals

Shares of Opendoor Technologies experienced a significant decline for the third consecutive day. This drop is attributed to investors shifting their funds towards higher-yielding assets like AI stocks and precious metals. The move follows Nvidia's announcement of a $100 billion investment in OpenAI, which boosted technology stocks, particularly those in the AI sector. Investors may also be taking profits after Opendoor's recent surge.

Sources

AI demand Micron Technology earnings revenue AI trade semiconductor industry AI hardware Nvidia AI infrastructure AI chips high-bandwidth memory (HBM) AI data centers AI startups venture capital OpenAI quantum internet IonQ AI shopping agent Phia