EPISODE · Feb 24, 2026 · 44 MIN
Meta to Buy $60B of AMD Chips, Dimon Says Banks "Doing Dumb Things"
from Nobody Special Finance · host Nobody Special Finance
Meta has agreed to buy tens of billion of AMD chips along with stock warrants for up to 160 million shares of AMD stock in the latest AI hardware megadeal. Elsewhere, JP Morgan CEO Jamie Dimon is warning about banks doing dumb things chasing net interest income. In other words they are lowering standards and making risky loans to chase fees and short terms gains.Link to George Noble's Best Ideas Stock SummitSupport the Channel on Patreon Support the Channel by Buying Me a Coffee Subscribe to Nobody Special on YouTubeFollow Nobody Special on X(twitter)
What this episode covers
Meta has agreed to buy tens of billion of AMD chips along with stock warrants for up to 160 million shares of AMD stock in the latest AI hardware megadeal. Elsewhere, JP Morgan CEO Jamie Dimon is warning about banks doing dumb things chasing net interest income. In other words they are lowering standards and making risky loans to chase fees and short terms gains.Link to George Noble's Best Ideas Stock SummitSupport the Channel on Patreon Support the Channel by Buying Me a Coffee Subscribe to Nobody Special on YouTubeFollow Nobody Special on X(twitter)
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Meta to Buy $60B of AMD Chips, Dimon Says Banks "Doing Dumb Things"
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