OpenAI rises above political chaos

OpenAI has signed a blockbuster deal with AMD to deploy 6 gigawatts of GPUs over multiple years, sending AMD shares soaring and highlighting the explosive growth in AI demand. Nvidia takes a small hit, underscoring the competitive dynamics in the AI chip market and the massive investment flowing into scaling AI infrastructure. Meanwhile, global political shocks are adding volatility: France’s new PM resigned after just 14 hours in office, Japan’s Takaichi faces rising inflation and record debt while willing to push for a pro-growth agenda, while the UK – who did the same and failed - braces for another ugly budget announcement. Despite these risks, equities remain resilient, while safe-haven assets such as gold, silver and Treasuries attract attention. Listen to find out more!