President Donald Trump and President Xi Jinping held a joint summit at the White House, discussing artificial intelligence, security and technology. It marked the first joint statement between the two leaders, amid concerns among executives at major technology companies and some U.S. policymakers that AI could pose a threat to humanity. Trump affirmed that AI development should proceed freely in order to preserve the United States' advantage, while China criticised U.S. semiconductor export controls as creating restrictions on Chinese companies. Xi Jinping said China and the United States have both the capability and the responsibility to develop and manage AI for the benefit of humanity, and that it should always remain under human control. He also called on Trump to change the U.S. position on Taiwan by opposing Taiwan independence. Trump said the two sides had made substantial progress on points of disagreement, referring to efforts to expand access to the Chinese market for U.S. farmers and ranchers under the trade committee mechanism, and he did not mention the Taiwan issue. After the meeting, China announced that it had reached a new joint agreement with the United States, according to Xinhua News Agency, without disclosing details. A few hours earlier, the United States had announced an extension of the trade truce with China by another two months, until January 10. Xi Jinping also said there is potential to add direct flights between the two countries, and announced that two pandas will arrive at Zoo Atlanta in the U.S. state of Georgia within a few days.
RMX Signs Compute Supply Order with Technologent for NVIDIA H200 GPUs
RMX Industries, Inc. has signed a compute supply purchase order with Technologent for NVIDIA H200 GPU systems that will power QuantrusX deployments. The order is expected to establish a dedicated supply line for high-performance GPU compute as RMX scales Real-World Intelligence deployments across a growing base of customers and operational environments. "Compute is the foundation every intelligence deployment stands on," said Karl Kit, CEO of RMX. "This order puts proven NVIDIA H200 infrastructure behind QuantrusX as we scale." RMX Industries, which trades on the OTCQB under the symbol RMXI, describes itself as an edge intelligence company building physical-edge intelligence solutions for operational and mission-critical environments.
Micron Heads Into Sept. 30 Earnings Test After 279% Rally
Micron Technology is heading into its Sept. 30 earnings report with expectations high after the memory-chip maker's shares soared almost 279% this year. Wall Street is looking for sales of $50.91 billion in the fiscal fourth quarter, up almost 350% year over year, according to TipRanks, with the company expected to earn $31.49 a share versus $3.03 in the same quarter last year. Ahead of the release, Rosenblatt analyst Kevin Cassidy kept a Buy rating and $1,500 price objective, expecting another beat-and-raise and saying Micron's strategic client agreements could account for 40% of manufacturing bits in the next three to five years. Wolfe Research analyst Chris Caso also maintained a Buy rating and $1,500 target, saying memory demand should exceed supply through at least 2028 on higher pricing for commodity memory and high-bandwidth memory. Micron stock rose 0.8% Thursday after a volatile week, and investors will focus on Sept. 30 on pricing expectations, gross margins and whether tight memory supply can continue into 2027 and beyond.
Meta Unveils Muse Charm Device and AI Glasses at Connect Event
Meta CEO Mark Zuckerberg used the Meta Connect event to unveil the Muse Charm, a standalone pocket device built exclusively for voice interaction with the company's new Muse agent, and to showcase a major shift toward what he called Personal Superintelligence. The hardware push also included the Meta VR Glasses, weighing just 100 grams, roughly one-fifth the weight of Meta's Quest 3, priced at $1,299 with 5K micro-OLED displays, tethered puck processing, and native eye and hand tracking. On the smart eyewear front, Meta debuted the third-generation Ray-Ban Meta Gen 3 glasses starting at an entry-level $249, alongside camera-free Ray-Ban Meta Audio glasses designed purely for open-ear listening and AI voice interaction. Meta's Muse has amassed over 3.4 million downloads since its September 8 launch, according to new Sensor Tower data obtained by Yahoo Finance, accumulating 2.8 million downloads in its first two weeks, while ChatGPT, Grok, and Claude received 3.7 million, 400k, and 300k global downloads during the same 14-day post-launch period. Meta has added about $234 billion to its market cap in the past five days, and the stock is up over 40% in the past month.
