Fed Chair speaks at Jackson Hole as SpaceX commits to Nvidia chips, while Apple seeks lower-cost memory and Jim Cramer cautions on AI trade.

The entities involved

• FED →

  business

  • US-Iran truce aims to reopen Strait of Hormuz amid global monetary policy shifts and oil price drops.Mon 17:37
  • Iran closed the Strait of Hormuz, halting petroleum liquids movement and raising inflation concerns, which Donald Trump views as a potential solution.Mon 16:16
• Nvidia →

  American multinational technology company

  • Apple is utilizing TSMC for advanced chip manufacturing, a trend observed alongside market pricing pressures affecting sales volume.Mon 17:45
  • A market sell-off hit major chip companies (AMD, Intel, Micron, Samsung, Nvidia) as the AI trade cooled and investors entered risk-off mode.Mon 17:34
• SpaceX →

  American private aerospace company

  • The UK defence ministry has adopted and begun using SpaceX's Starshield and Starlink services.Mon 17:54
  • Starship tests are currently being conducted, involving the vehicle's return to Earth.Mon 16:52

Related events

• Nvidia's strong earnings sparked a tech rally, benefiting companies like CrowdStrike, while financial institutions cited the results during the Jackson Hole symposium.Aug 27
• Fed Chair speaks at Jackson Hole conference while U.S. Treasury actions, Nvidia earnings, and market expectations regarding Fed policy are monitored by financial institutions like Goldman Sachs and Wells Fargo.Aug 25
• Both Nvidia and Google are major players in AI infrastructure, and Micron Technology is gaining ground in the memory chip market.Jul 27
• SpaceX will exclusively use Nvidia AI chips, while Nvidia maintains significant financial stakes in both Intel and SpaceX.Aug 14
• The FED Chair is set to speak at Jackson Hole while major chip stocks await Nvidia's earnings and Fed rate decisions.Aug 27