US Morning News Call | Nvidia Counters TPU Concerns, Says Its GPUs Remain 'Generation Ahead'

Moomoo Breakfast US joined discussion · Nov 26, 2025 06:00

Key Takeaways:

• Trump Advisor Kevin Hassett Emerges as Frontrunner for Fed Chair

• Nvidia Counters TPU Concerns, Says Its GPUs Remain ‘Generation Ahead’

• Tesla to Double Austin Robotaxi Fleet in December

• Key Earnings: BOC, IFT, etc.

🔔Before the Bell

US stock index futures advanced, with increasing expectations for Fed cuts keeping sentiment upbeat going into the Thanksgiving break.

$E-mini NASDAQ 100 Futures (MAR6) (NQmain.US)$ went up by 0.47%;

$E-mini S&P 500 Futures (MAR6) (ESmain.US)$ went up by 0.33%;

$E-mini Dow Futures (MAR6) (YMmain.US)$ went up by 0.15%.

Trump Advisor Kevin Hassett Emerges as Frontrunner for Fed Chair

Kevin Hassett, Director of the White House National Economic Council, has emerged as the frontrunner for the next Federal Reserve Chair, according to reports. Hassett is seen by Trump's advisors as a close ally who shares the President's view that interest rates should be lowered. Hassett himself stated in a recent interview that if he were Fed Chair, he would cut rates now.

OpenAI Forecasts 220 Million Paying ChatGPT Users by 2030

OpenAI projects that its ChatGPT platform will have 220 million paying users by 2030. As of July, about 35 million users paid for "Plus" or "Pro" plans at $20 and $200 a month, respectively.

Nvidia Counters TPU Concerns, Says Its GPUs Remain ‘Generation Ahead’

$NVIDIA (NVDA.US)$ responded to reports that Meta is considering using Google's TPUs by stating that its GPUs remain "a generation ahead of the industry." The company emphasized that its GPUs offer greater performance and versatility than ASIC-based chips. CEO Jensen Huang noted that $Alphabet-C (GOOG.US)$ remains a customer and that Gemini models can run on Nvidia hardware.

Tesla to Double Austin Robotaxi Fleet in December

Elon Musk announced that $Tesla (TSLA.US)$ plans to double its Austin robotaxi fleet in December.

🪙Crypto News

$Bitcoin (BTC.CC)$went down 0.56% to $86,884; $Ethereum (ETH.CC)$ went down 1.7%, to $2,908.

Texas Launches State Bitcoin Reserve with $5M IBIT Purchase

A $10 million budget allocation for bitcoin was approved under SB 21, with the reported $5 million trade representing the reserve’s first step toward deploying those funds.

📆Market Events

Key Economic Events

08:30 AM Durable Goods Orders

02:00 AM Fed Beige Book

Key Earnings

🔔Before Market

The market anticipates $Deere (DE.US)$ revenue of $9.81 billion, up 5.78% YOY, with EPS at $3.83, a 15.73% YOY decrease.

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