Meta's Muse AI Assistant Lifts Stocks as Oil Prices Retreat

Intel shares gained approximately 0.5% to $122.46 as Meta's Muse agent revived the case for server CPUs in an AI market dominated by accelerators. The Muse agent runs through its own virtual computer and can keep working on longer tasks even after a user exits the application, creating demand for general-purpose compute around the model itself. Intel is trying to capture that layer as its business rebounds, with second-quarter revenue rising 25% to $16.1 billion and the company rolling out its Xeon 6+ server processor built on Intel 18A. Still, Muse is evidence of a potentially expanding workload, not evidence of an Intel design win, and Intel now trades 281.26% above its $32.12 GF Value estimate. The real payoff comes only if autonomous agents drive incremental server deployments and Intel wins enough of that spending at attractive margins, making Xeon availability, power efficiency, hyperscaler adoption and Intel 18A execution the numbers investors should watch.

NVIDIA expects roughly a quarter of its fiscal 2028 business to come from AI labs it will back with its own balance sheet, a concentration management acknowledged some will call circular financing. NVIDIA has already invested nearly $50 billion in frontier AI labs, and for one more lab it will provide credit support for nearly 2 gigawatts of computing capacity, while guaranteeing minimum revenue on part of some cloud partners' facility capacity. Business Insider reported that NVIDIA's overall equity portfolio has reached $99 billion, up from roughly $7 billion in summer 2025, a 14-fold increase. Days of sales outstanding rose to 60 days, which management attributed to extended payment terms for large purchases by certain investment-grade customers shipped over multiple quarters. OpenAI's existing and planned commitments represent about 12 gigawatts of NVIDIA computing, with deployments committed through 2030, and NVIDIA's next update comes at its fiscal Q3 2027 earnings call on November 17.