Jane Street is reported to be funding competitor Etched. Meanwhile, Michael Burry has initiated bearish bets against Oracle regarding AI trades and flagged serious competition for Nvidia.

The entities involved

• Jane Street →

  Founder and Secretary to Denver IWW Domestic Workers Industrial Union (IWW Local No. 113)

  Nothing else this week.

• 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
• Oracle →

  company in Madrid, Spain

  • Major tech companies, including SpaceX, Google, and Nvidia, are expanding into AI technology, benefiting from increased demand for AI infrastructure and memory supply.Mon 11:53
  • Oracle's AI spending plan relates to OpenAI's compute needs, which in turn benefits Nvidia as a chip supplier.Mon 11:00
• Michael Burry →

  American hedge fund manager

  • Minerva hired Michael Burry as a senior adviser.Mon 17:29
  • Michael Burry analyzes the spending and liabilities of major tech companies including Oracle, Microsoft, Meta, and Google.Mon 15:19

Related events

• Michael Burry targets firms like Oracle and Nebius Group with short bets, while Meta and Microsoft expand AI infrastructure contracts.Aug 7
• Michael Burry made several investment moves, including shorting Nvidia and Oracle, while increasing stakes in Birkenstock and Freddie Mac.Aug 28
• Investment figures Michael Burry and Cathie Wood are making moves regarding major tech companies like Tesla, SpaceX, and Nvidia.Aug 25
• Michael Burry is vocal about his short positions in Palantir and Nvidia, while Micron benefits from HBM demand and Amazon invests in AI infrastructure.Fri 13:15
• Michael Burry has initiated bearish bets against several tech companies, including Tesla, Applied Materials, and Nvidia, and shorted Micron stock.Jul 3