⚔️ AMD's taking on Nvidia

Nvidia might have chipmaking competition | Vodafone and Three UK's romance got even hotter | [TOGETHER WITH]( Hi {NAME}, here's what you need to know for June 15th in 3:13 minutes. 🍋 Finimized over an elderflower lemonade at [Serpentine Bar And Kitchen]( in London, UK ( 🌤 28°C/82°F) Today's big stories - AMD showcased the souped-up chips that could help it catch up to Nvidia - This could give your passive investing style a bit of vim – [Read Now]( - Vodafone and Three finally got engaged, but they’ll need regulator approval before they tie the knot Chip On The Old Block [Chip On The Old Block] What’s going on here? AMD unveiled a chiseled-up gang of [chips]( that could have the potential to rival Nvidia’s street cred. What does this mean? Artificial intelligence (AI) might be about to rob millions of their jobs, but chipmakers can count on their mortgages being paid for a while still. See, the super-smart tech uses tons of computing power, so even if robots do shoot for world domination, they’ll need plenty of top-grade chips to pull it off. Nvidia stepped up to the plate already, delivering superchips capable of running complex AI applications. But AMD’s latest launch could heat up the competition, bringing a new range of souped-up chips – most crucially, the AI-focused MI300X – into the fold. Tech-crazed investors are clearly excited: they’ve sent AMD’s stock up nearly 100% this year. Why should I care? Zooming in: Nvidia’s like Tesla, but for chips. AMD’s big move may be too little, too late though. Nvidia’s cemented itself as the go-to AI chipmaker, and any rival offerings will be compared to the firm’s ultra-smart standard. What’s more, AMD’s new chips won’t be available to sample until the third quarter of this year, with production ramping up around then too. So before AMD gets round to printing shipping labels, Nvidia could be pumping out even sharper editions of its already famous chips. Basically, AMD’s competing in a marathon led by an Ironman champion. The bigger picture: Less is more. Here’s a brain teaser for your commute: while investors were piling into AMD shares, the firm’s revenue was shrinking and its books were covered in red ink. So – spoiler alert – here’s what gives: the semiconductor industry moves practically hand-in-hand with economic cycles, so companies’ profit is on a permanent rollercoaster. That means even during the big dips, investors know a turnaround’s coming – and they’re only too happy to buy in when the chips are down. You might also like: [Why AMD just might be the next big thing in AI.]( Copy to share story: [/chip-old-block]( 🙋 [Ask a question](mailto:questions@finimize.com?body=Ask us a question: Where are you writing from? Let us know and we'll mention it when we reply.&noapp=true&subject=Chip On The Old Block&utm_campaign=daily-global-15-06-2023&utm_source=email) Analyst Take How To Give Your Passive Investing Approach Some Much-Needed Oomph [How To Give Your Passive Investing Approach Some Much-Needed Oomph]( By Russell Burns, Analyst Passively investing in a stocks or bonds index might sound low maintenance, but it can backfire – [sometimes spectacularly](. Still, that doesn’t mean you should [shimmy to the sidelines]( whenever inflation and interest rates move higher. Instead, you could consider [a more targeted approach]( to investing. [Factor investing]( can give you that: it aims to identify stocks that have specific characteristics associated with bigger returns and lower risk. So that’s today’s Insight: [a look at the most popular factors and how they’re looking now.]( [Read or listen to the Insight here]( SPONSORED BY TASTE LABS One company is redefining streaming – and it’s crowdfunding right now The idea of cuddling up to watch a movie or new TV series is dreamy. The reality of spending far too long scrolling through different apps before settling on something you’re not even that interested in, though, not so much. But [Taste]( is making that streaming dream the only reality: the easy-to-use app gets to know what you like to watch, then [recommends titles across your existing subscriptions](. And it’s not just entertainment-seekers – fed up with not-quite-right algorithms and segmented streaming apps – flocking to Taste, [investors have poured over a million into the crowdfunder](. Here’s your chance to join them: [Taste has just opened a new crowdfunding round on StartEngine](. [Find Out More]( When you support our sponsors, you support us. Thanks for that. Textual Tension [Textual Tension] What’s going on here? Vodafone and Three UK turned their flirting into a full-blown relationship on [Wednesday](, agreeing to merge their UK mobile businesses. What does this mean? Vodafone and Three aren’t small fry by any means, but they’re still dwarfed by their competition. BT and Virgin each hold around a third of the UK cell provider market, while Vodafone and Three own just one-third between them. But this deal could help the duo catch up. If it goes through, Vodafone will keep control with a 51% stake in the pairing, with CK Hutchison – Three UK’s owner – holding the remaining 49%. And because Vodafone’s investors haven’t had much else to watch besides a decade-long stock-price slide, they decided something was better than nothing and sent the stock up after the news. Why should I care? Zooming out: Phone bills are pricey. Mind you, it wasn’t always this way. Vodafone swaggered around with more than a £200 billion ($250 billion) market valuation at the start of the millennium. But the firm’s heyday has faded into the distance, leaving it nursing a paltry £20 billion ($25 billion). All that, at a time when humans became increasingly hooked to small rectangles of dopamine-heavy light. But that’s exactly the issue: phone operators need to funnel cash into network upgrades now that impossibly fast connection and unlimited data allowances are taken for granted – and poor old Vodafone’s struggling to keep up. The bigger picture: Life’s unfair. In theory, Vodafone’s partnership with Three could lighten that burden of network upgrades while cutting costs at the same time. But that’ll only work out if the government’s on board: wary of three mammoth players ripping off everyday text addicts, regulators could block the bid as they did with Microsoft’s Activision deal. And while Vodafone could argue that T-Mobile buying Sprint already turned the US market into a three-player game three years ago, the UK may well maintain a stiff upper lip. You might also like: [Ten momentum plays in the UK tech sector.]( Copy to share story: [/textual-tension]( 🙋 [Ask a question](mailto:questions@finimize.com?body=Ask us a question: Where are you writing from? Let us know and we'll mention it when we reply.&noapp=true&subject=Textual Tension&utm_campaign=daily-global-15-06-2023&utm_source=email) 💬 Quote of the day "Life is a zoo in a jungle." – Peter De Vries (a Dutch investigative journalist) [Tweet this]( Generation Xers and Millennials will control 50% of all household wealth by 2030 A study by Deloitte showed that 90% of young heirs change their advisor after they’ve inherited money, and our own poll showed that 80% of respondents don’t use a financial advisor at all. The takeaway's clear: [financial networks need to offer tools built for this generation](, not their grandparents. Networks can start by attracting the advisors of tomorrow. And because those forward-thinking advisors are seeking innovative network partners with access to [the best suite of technology solutions]( and support, content's a smart place to start. By [licensing Finimize content](, you can bring [world-class educational content]( to you and your clients however suits you best – and it should cost you a lot less than doing it in-house. Turn change into opportunity: [equip forward-thinking advisors to prepare for the era of wealthy modern investors](. [Get In Touch]( 🎯 On Our Radar 1. Now that's an underground party. London's subways used to be [very, very wild](. 2. This company trusted ChatGPT. The chatbot [all but destroyed it](. 3. Our world is ever-changing and totally unpredictable. Except when it comes to [Leo DiCaprio's summer vacations](. 4. It's not your resume. Here's why [your LinkedIn profile]( might be giving recruiters the ick. 5. The cocktail you never asked for. [Parmesan espresso martinis]( are here. 🌍 Finimize Live 🥳 Coming Up Soon... All events in UK time. 🤔 [What's Next For Crypto Investors](: 7pm, June 19th 🔥 [Co-Trading: A New Way To Beat The Market](: 5pm, June 26th 🚀 [Your Guide To Investing With Artificial Intelligence](: 5pm, July 11th 🙋‍♀️ [Finimize Ladies Investing Club](: 6.30pm, July 13th 🎉 [Modern Investor Summit 2023](: 12pm, December 5th and 6th ❤️ Share with a friend Thanks for reading {NAME}. If you liked today's brief, we'd love for you to share it with a friend. You stay classy, {NAME} 😉 We’d love to hear your thoughts. [Give feedback]( Want to advertise with us too? 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