Global chip giant Nvidia is teaming up with Wall Street's big guns including Apollo, Blackstone and Goldman Sachs to mobilise over $500 billion for AI infrastructure, as part of its ambitious plan to turn AI chips into a new asset class that investors can fund much like real estate or other critical infrastructure.
The dominant theme in markets remains a growing belief that some form of peace deal between US and Iran will eventually materialise. Investors have steadily priced a "peace premium" into assets, helping suppress volatility and underpin a rally that has pushed Wall Street to record highs, said an expert.
