Locator: 48982CRAMER.
Intel: received $5.7 billion in cash from the US government last night for 10% stake in the company.
Trump says it was purely coincidental that the company also recorded $2 billion from SoftBank in the same week. If $5.7 billion represents 10% stake, then the company was valued at $57 billion? In fact, today, market cap of Intel is $106.19 billion What's going on? ChatGPT's reply here. ChatGPT's reply makes sense.
NVDA: market cap greater than 17 other semiconductor companies combined (doesn't include many of the other "Mag 7" of course).
NVDA: new analysis by Deutsche Bank indicated that as of late August 2025, Nvidia's market capitalization had surpassed the combined market value of the UK, France, and Germany's entire stock markets.
NVDA: market cap -- $4.35 trillion. P/E? Less than 60.
AVGO: oh, my goodness. AVGO up $8.75
AMD: up 0.62.
MU: up $4.53
ORCL: up $5.01.
IBM: up $0.17.
NVDA: does anyone really care?
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Disclaimer
Brief
Reminder
Briefly:
- I am
inappropriately exuberant about the Bakken and I am often well out front
of my headlights. I am often appropriately accused of hyperbole when it
comes to the Bakken.
- I am inappropriately exuberant about the US economy and the US market.
- I am also inappropriately exuberant about all things Apple.
- See disclaimer. This is not an investment site.
- Disclaimer:
this is not an investment site. Do not make any investment, financial,
job, career, travel, or relationship decisions based on what you read
here or think you may have read here. All my posts are done quickly:
there will be content and typographical errors. If something appears wrong, it probably is. Feel free to fact check everything.
- If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them.
- Reminder: I am inappropriately exuberant about the Bakken, US economy, and the US market.
- I am also inappropriately exuberant about all things Apple.
- And now, Nvidia, also. I am also inappropriately exuberant about all things Nvidia. Nvidia is a metonym for AI and/or the sixth industrial revolution.
- I've now added Broadcom to the disclaimer. I am also inappropriately exuberant about all things Broadcom.
- Longer version here.