MarketCatalystAmazon CEO Andy Jassy says AI inference, the computing used to run models, remains roughly 10x too expensive for widespread business-software adoption, with custom Trainium chips key to lowering costs, as the company plans about $220 billion in 2026 capital spending and says its buildout will pressure free cash flow for a couple of years.
The United States Oil Fund (USO) touched $167.88, its highest level since May 2015, as December Brent rose to $116.15 and December WTI to $102.40 on attacks in Saudi Arabia's eastern oil region and escalating Iran tensions, according to Stocktwits.
Spot gold fell below $4,000 an ounce on Friday morning, trading at $3,982.19, as Brent crude climbed to $115.16 on Houthi attacks in Saudi Arabia, fueling inflation and higher-rate fears, while investors sold gold to cover stock and bond losses.
The stock market's Fear & Greed Index edged up to 20 from 19 at the previous close but remains in Extreme Fear, with six of its seven indicators in that zone, while crypto sentiment has fallen to Neutral at 50 out of 100.
Micron unveiled DRAM, HBM and NAND roadmaps through 2030 aimed at AI memory performance, energy efficiency and storage, and its CTO said the company will not pursue 4F² memory chips, per Nikkei.
SK Hynix has reportedly decided to abandon the planned Nasdaq IPO of its Solidigm subsidiary after strong shareholder opposition over valuation damage and dilution, according to Korea Economic Daily, and work on a pre-IPO funding round has also been halted, with a formal announcement expected soon.