NVIDIA CorporationNVDA
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Artificial Intelligence
NVIDIA CorporationNVIDIA CorporationU.S. debt hit $39.84 trillion and is climbing by roughly $12.6 billion a day, almost certain to breach $40 trillion before the fiscal year closes on September 30. The Congressional Budget Office's February 2026 outlook has net interest exceeding $1 trillion in fiscal 2026, nearly triple the $345 billion paid in 2020. That same week, a Reuters photographer captured Treasury Secretary Scott Bessent's notepad at a Camp David cabinet meeting, where under 'To Do,' one line read: 'Buy Japanese Yen (JPY) $5-10 bil.' On July 31 and August 1, the United States joined Tokyo in the first coordinated dollar-yen intervention in more than a decade, with Japan alone spending an estimated ¥8.45 trillion, roughly $52.8 billion, likely its largest single-day intervention ever. Bessent called the yen 'very undervalued' and said the U.S. 'will not hesitate to participate in further joint intervention,' a move seen as strategic self-defense to prevent Japan from selling U.S. Treasuries and driving up Washington's borrowing costs.
NVIDIA Corporation