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📊 OpenAI & Oracle team up to launch a new datacenter in Texas

Author

Ryan Serkes
September 24, 2025

Hi everyone, here is your 📊 Daily Trade.

Here's what's happening today:

💻 OpenAI launches major data center in Texas
🛢️ Chevron's Venezuelan exports cut under new US rules
📊 Zacks highlights Nvidia, Apple, Intel investments
🔋 onsemi acquires Vcore to boost AI data centers
💵 US Treasury aids Argentina's peso stability
🎁 +8 more stories you might like

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💻 OpenAI and Oracle Unveil Massive AI Data Center in Texas Link
  • OpenAI opens a major data center in Texas as part of the $500 billion Stargate project.
  • The facility is equipped with Oracle Cloud infrastructure and Nvidia chips to meet AI computing demands.
  • The project highlights the growing need for infrastructure to support AI advancements.
🛢 Chevron's Venezuelan Oil Exports Slashed by New US Regulations Link
  • Chevron can only export about half of its Venezuelan crude due to new US regulations.
  • The restrictions are part of a broader US effort to limit the Maduro government's oil profits.
  • The changes slow down Chevron's debt repayment from Venezuela and impact crude supply to the US.
📊 Zacks Investment Ideas Highlight Key Moves by Nvidia, Apple, and Intel Link
  • Nvidia invests $100 billion in OpenAI, boosting data center infrastructure stocks.
  • Apple's shares rise amid tariff exemptions and AI integration with OpenAI.
  • Intel sees a resurgence with Nvidia's $5 billion investment, pushing its stock higher.
🔋 onsemi Acquires Vcore Power Technology to Enhance AI Data Center Solutions Link
  • onsemi announces acquisition of Vcore power technologies from Aura Semiconductor.
  • The move aims to improve onsemi's power management offerings for AI data centers.
  • The acquisition is expected to be minimally impactful on earnings in the first fiscal year.
💵 US Treasury's Intervention Provides Temporary Boost to Argentine Peso Link
  • US Treasury pledges support for Argentina's peso using an old crisis fund.
  • The move temporarily stabilizes the peso and boosts Argentine assets.
  • Potential conditions on support could complicate Argentina's debt situation.

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Other news & articles you might like

  • ⚖️ KBR faces class-action lawsuit over contract (Link)
  • 🤝 QNB and Victory Bancorp announce strategic merger (Link)
  • 🚗 Automakers urge EPA to ease emissions rules (Link)
  • 📈 US Antimony shares rise on defense contract (Link)
  • 🌊 Ghostworks certified for zero-emission vessels (Link)
  • 📱 Newsom warns of GOP media influence (Link)
  • 🌿 Starwood issues $500M in sustainability bonds (Link)
  • 💡 Maryland leaders announce electricity refund (Link)

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