Advanced Micro Devices (AMD) chief executive Lisa Su says the AI chip market is on track to explode in size, with demand already reshaping her company’s business. In a Fox Business interview, Su says AI is the most important technology of the era, placing it at the center of AMD’s long-term strategy. “AI is in incredible time right now. I’d like to say it’s the most transformational technology that we’ve seen in our lifetime. And we’re really at the very early stages of it.” She says her business is in a solid position to witness growth amid surging demand for…
Author: Henry Kanapi
Henry Kanapi
Henry Kanapi is a journalist and editor covering the intersection of artificial intelligence, financial markets, and technology disruption. He has sourced, written, and edited thousands of stories on crypto, banking, and macroeconomics as Senior Editor at The Daily Hodl, where he helped shape coverage for an audience of over two million monthly readers. At CapitalAI Daily, Henry brings a decade of newsroom experience to fast-paced reporting on AI breakthroughs, market shifts, fraud cases, and regulatory battles. His focus is on accuracy, clarity, and exposing how money moves in the age of artificial intelligence. Henry’s work has been cited by leading financial outlets, investment firms, and research communities tracking the future of markets. He is committed to a high editorial standard rooted in transparency and trust.
Banking titan JPMorgan Chase says artificial intelligence could deliver annual productivity gains large enough to offset the US government’s budget shortfall. In its Navigating the Future report, the largest bank in the US projects AI’s contributions to labor productivity will “conservatively” boost US GDP by an average of $1.9 trillion per year. It compares AI’s potential trajectory to past industrial revolutions. Steam engines lifted productivity growth by 30% in 61 years. Electricity boosted output by 31% within 32 years. PCs and the internet raised productivity by 13% in 15 years. JPMorgan says “AI has the potential to drive productivity growth…
Visa warns that fraudsters are now using artificial intelligence (AI) to make scams more subtle, sophisticated, and effective. In a new interview with PYMNTS, Dustin White, vice president of risk products and solutions at Visa DPS, says fraudsters are launching new forms of attack to engage victims well before any transaction. According to White, scammers use AI-powered tools to harvest data about their targets before launching personalized attacks using text, emails, and other forms of digital content, while discovering other methods of compromise. “Fraudster tactics to compromise funds start well before the transaction occurs.” The Visa executive also warns that the fraudsters…
Goldman Sachs is striking a bullish tone on technology stocks as investors weigh whether the artificial intelligence boom can sustain its momentum into year-end. Speaking at the Goldman Sachs Communicopia and Technology Conference, Peter Callahan, Goldman’s US technology, media, and telecommunications sector specialist, says optimism across indices and enterprise spending remains high despite months of volatility. “I mean, it’s upbeat, right? Indices, tech indices broadly at the highs. We’ve climbed a lot of wall of worries over the last four or five months. I’m thinking things like tariffs. I’m thinking things about the sustainability of AI investment. And so as…
Shares of the electric vehicle manufacturer Tesla (TSLA) popped at the end of the trading week to conclude a multi-month consolidation. TSLA closed the trading day at $395.94, up 7% on the day and about 12% on the week, hitting a price level last witnessed in January 2025. The stock surge comes amid a proposal for the EV giant to invest in the artificial intelligence firm xAI. In a new Bloomberg interview, Tesla chair Robyn Denholm says the board would not issue a recommendation on the proposal, leaving the decision to investors. “The xAI proposal is a shareholder proposal that…
An AI-driven investment manager is naming three technology giants it says are best positioned to benefit from the artificial intelligence boom. In a new Squawk Box interview, Doug Clinton, Intelligent Alpha founder and CEO, believes the AI trade still has momentum amid the massive capital expenditure (CapEx) spending spree. “Oracle, I can say this. They are a stock to watch. They’ve had a great year so far, up 90% now year to date. And I think there’s a bigger thing that’s going on as we think about what happened with their earnings, why the stock was up so much this…
Fundstrat’s Tom Lee says the artificial intelligence trade remains undervalued even after a string of rallies, and he believes another corner of the market could offer even greater upside. In a new CNBC interview, the investor points to Oracle’s surge after earnings as proof that investors continue to underestimate the AI theme. He ties the stock’s move to a shift in how markets are valuing long-term demand for cloud and data services. “Oracle surging 41% after they report earnings tells me that AI is an undervalued sector, because how else do you explain a stock that is as large as…
OpenAI is burning cash at a scale that would make the dot-com bubble blush. The startup has committed to $328 billion in spending — $300 billion to Oracle for compute, $18 billion for a data-center venture, and $10 billion for Broadcom chips — while pulling in just $13 billion a year. The Oracle deal alone averages $60 billion annually over five years, more than four times OpenAI’s current top line. Losses already run into the billions each year, and chief executive Sam Altman has told investors they will stack to $44 billion by 2029, the first year OpenAI is projected…
A top fintech strategist says the stock market’s defining theme still has years left to run, but investors may need to look beyond the obvious winners. In a new CNBC interview, SoFi’s Liz Thomas says she expects the artificial intelligence trade to broaden out She predicts that investments will move away from the obvious picks-and-shovels semiconductor plays and rotate to builders who turn AI into usable products and services. “Well, so earlier this year, when I came out with my 2025 outlook, I talked about software being the next conduit, mostly in the semiconductor space. So if you think about…
Truist, one of the largest banks in the United States, says artificial intelligence remains the driving force behind the stock market’s latest leg higher, but points to a different asset that has quietly outpaced even the biggest tech names. In a new Yahoo Finance interview, Truist chief investment officer Keith Lerner says the macro environment has been shifting for the past few years, but AI and tech have been steadily fueling market rallies to new highs. “If you think about the last couple of years, I mean, this market has had to deal with a lot of different narratives. We…