Locator: 48503ARCHIVES.
Tag: Vanderbilt, Alabama.
Holy mackerel:
Partnerships, vs IPOs, mergers, acquisitions. We've talked about this before.
- Accenture NVIDIA Business Group -- link here.
- the new group will help clients lay the foundation for agentic AI functionality
- Accenture's AI Refinery uses the full NVIDIA stack, including:
- NVIDIA AI Foundry
- NVIDIA AI Enterprise
- NVIDIA Omniverse
Nvidia (NVDA): link here.
Intel (INTC) -- Germany
- commitment to German plant confirmed;
- BUT two-year delay
- link here.
Intel (INTC) -- Raptor Lake crashing nightmare is over. Link here. “Intel now confirms.” Deny, deny, deny.
Mideast:
- Aramco's second bond sale this year; $3 billion this time.
- raised $6 billion last July.
Mideast:
- Nasrallah's successor presumed killed in IDF strike; link here.
Foxconn:
- beats estimates with record third-quarter revenue on AI demand;
Accelerated AI: NPUs. Wiki.
Unimportant, but fun, link here:
EVs:
- the fog is starting to clear; link here. The more they sell, the more they lose. A must read article.
However, the study points out that there is a problem: today, most OEMs do not make a profit from the sale of EVs. In fact, these vehicles often cost $12,000 more to produce than comparable vehicles powered by internal combustion engines (ICEs) in the small- to midsize car segment and the small-utility-vehicle segment.
What is more, carmakers often struggle to recoup those costs through pricing alone. The result: apart from a few premium models, OEMs stand to lose money on almost every EV sold, which is clearly unsustainable. [Well, duh.] Rivian lost $32,705 on every vehicle it produced last quarter.
- Remember this from July 9, 2024? Stellantis now in deep doo-doo! Doing everything it can to conserve cash! Dealers frustrated, irate.
- "Getting cold feet?" -- link here.
- How bad is it? Look what Ford is offering, link here. My hunch, the Ford CFO is not happy.
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