BREAKING: The US and Iran are nearing a 14-point "memorandum of understanding" to end the Iran War and set a framework for more detailed nuclear deal.
The deal would include:
1. Iran committing to a moratorium on uranium enrichment
2. The US lifting its sanctions and releasing billions in frozen Iranian funds
3. Both sides lifting restrictions around transit through the Strait of Hormuz.
4. A 12-15 year duration on Iran's moratorium on uranium enrichment
5. An end to the war and the beginning of a 30-day negotiation period
We expect more details on the deal shortly.
BREAKING: In a "game changing" deal for AI, Nvidia is partnering with glassmaker Corning to develop 3 new advanced manufacturing facilities entirely for optical technologies.
Details include:
1. The factories will lead to the creation of at least 3,000 jobs and increase Corning’s US optical manufacturing capacity by +1,000%
2. Nvidia is likely set to replace copper with Corning’s optical glass fibers in its AI rack-scale systems
3. Optical fiber allows for less signal loss than copper, making AI data centers more efficient
4. Corning, $GLW, is surging +16% on the news and Nvidia, $NVDA, is up +3%
The AI Revolution is accelerating.