🛠️ Amazon Inks Multi-Billion-Dollar Corning Deal for Next-Generation Data Center Fiber Optics 1. Amazon has finalized a multi-year, multi-billion-dollar agreement with Corning to supply optical fiber and connectivity hardware for its rapidly expanding data centers. The massive infrastructure investment is designed to meet the surging bandwidth demands driven by AWS's cloud operations and artificial intelligence workloads. The partnership secures a critical supply chain component for Amazon as global tech giants fiercely compete for data center resources. Bobbi thinks: By locking in a massive long-term fiber supply with Corning, Amazon is proactively fortifying its AWS infrastructure against looming hardware shortages in the hyper-competitive AI race. Subscribe to The Magnificent 7 on Bobbi for supporting links, newsletter, and podcast.

TikTok parent ByteDance is buying 50,000 AI chips made in China. The chips are from Iluvatar CoreX and Baidu Kunlunxin, not Nvidia or AMD. US export restrictions pushed China to develop its own AI chips and infrastructure. As a result, Chinese chip companies gained more demand and investment. Nvidia missed a 50,000-unit order, while China moved closer to building its own AI supply chain. The policy meant to slow China's AI progress may have helped speed it up instead.

India’s first domestically produced silicon carbide chip wafer has been successfully manufactured in Bengaluru. Now let’s see what’s next—tell me, could this be a game-changer in the semiconductor industry? First, IIT Madras and ISRO’s lab collaborated to design the wafer. Then, the central government updated its ₹10,000 crore incentive scheme. Yesterday, CDIL announced that the first commercial chip will hit the market within the next eight weeks. All of this is happening quietly—but this is real Atmanirbhar Bharat. I believe tensions between China and Taiwan are rising. India must build its own semiconductor ecosystem. This wafer is the first genuine step in that direction. The only question is: Do you think India can surpass China in semiconductors within the next five years?

Morpho has successfully raised $175 million in a new financing round. The funding was led by prominent investors including Paradigm, a16z, and Ribbit.

$KEEL --- On June 9, 2026, $KEEL announced it closed a $458 million private offering of convertible senior notes (including full greenshoe exercise). After Q1 earnings (May 11) and this debt raise, KEEL’s liquidity war chest is staggering: as of early May, it held $336 million in unrestricted cash plus $197 million in unencumbered bitcoin, with only ~$4 million in current liabilities. Add the new $450M+ raise, and KEEL now has nearly $1 BILLION in available liquidity. Its balance sheet is pristine (current ratio over 9.6). Management explicitly confirmed this cash covers all G&A expenses through 2028—zero dilutive secondary offering risk that plagues most small-cap stocks.3 $KEEL also fully completed divestment and monetization of legacy Latin American mining assets (Paso Pe and other sites) in late April, with all capital redeployed to North America. Its three core North American AI compute campuses—Panther Creek, Sharon, and Moses Lake—are progressing flawlessly, with a massive 2.2 GW of power and zoning approvals already locked in. 1. Power Is the Ultimate AI Bottleneck—KEEL Owns the Scarce Resource NVIDIA’s B200 and Blackwell chips have no shortage of buyers. The real bottleneck for the entire AI boom? Data centers and grid capacity to power these extremely power-hungry chips. KEEL’s core asset isn’t its bitcoin holdings—it’s the 2.2 GW of long-term power agreements and land it has locked down across North America over years. By converting this capacity into Tier-3/Tier-4 HPC data centers, it can collect high, steady 20-year lease payments directly from hyperscalers. 2. Low-Cost Retrofit: Mining Sites → AI Data Centers As a former mining giant, KEEL already owns high-voltage substations, industrial cooling infrastructure, and an in-house team of veteran electrical engineers. That means it can upgrade legacy power sites to AI-ready data centers far faster and cheaper than traditional real estate developers starting from scratch to buy land and secure grid interconnection. 3. Game-Changing Valuation Re-Rating Is Coming Crypto mining stocks trade at single-digit P/E ratios and face constant pressure post-Bitcoin halving. But once KEEL’s HPC campuses start signing long-term leases in late 2026 through 2027, its valuation model will shift directly to match digital infrastructure REIT giants like Equinix (EQIX) and Digital Realty (DLR). That sets up a massive Davis Double Play: earnings growth plus multiple expansion driving multi-bagger upside.

$NBIS --- In early June, $NBIS teamed up with NVIDIA to launch a new program powering robotics startups across the UK and Europe with NVIDIA’s latest Blackwell architecture (RTX PRO 6000 Blackwell GPUs). As a deep NVIDIA partner, $NBIS gets top-priority access to NVIDIA’s cutting-edge high-performance AI chips (H200, Blackwell, etc.)—a moat no second-tier cloud provider can match. Also in early June, $NBIS announced plans to invest ~£1.7 billion (~$2.16 billion) in UK AI infrastructure. It locked in a 10-year, 22MW partnership with Kao Data to deploy a large-scale AI cloud platform in Harlow, with existing customers including fintech unicorn Revolut. Nebius also secured 1.2 GW of power and land in Pennsylvania to build a massive new AI factory. Back in mid-May, $NBIS announced a long-term partnership with Bloom Energy ($BE) to deploy 328 MW of solid oxide fuel cells, delivering behind-the-rack power to solve data centers’ biggest pain points: crippling power shortages and grid interconnection queues. The deployment goes live this year. 1. The "Arms Dealer" for AI Unicorns Hyperscalers like Microsoft and Google build cloud services for their own ecosystems and Fortune 500 enterprises. But Meta, xAI, and hundreds of mid-to-large AI startups are desperate for pure, efficient, cost-effective GPU compute clusters—exactly what Nebius’s Neocloud delivers. Nebius sells full-stack AI cloud services, full stop. It never competes with customers on model development, it just sells compute. Its main rival is CoreWeave (currently prepping for IPO), making $NBIS one of the only pure-play AI compute assets publicly traded in the U.S. 2. Blue-Chip Order Backing = Self-Reinforcing Growth Flywheel Nebius already has publicly disclosed contracts with mega-customers including Meta and Microsoft. With these internet giants as anchor assets, Nebius can raise capital at rock-bottom rates via asset-backed financing and convertible debt. That creates a seamless high-growth flywheel: raise capital → buy GPUs → rent to giants for profit → raise more capital to scale even faster. 3. Elite Engineering DNA From the ex-Yandex Dream Team This isn’t some shell compute company thrown together overnight. The restructured Nebius inherited over 1,000 elite European engineers from Yandex. They have a decade+ of experience running hyperscale search architecture, building in-house distributed systems, and developing proprietary hardware liquid cooling. That’s why Nebius’s data centers deliver far better orchestration efficiency and Power Usage Effectiveness (PUE) than generic industry peers.

"After approving exports of 8,000 InP substrates in August 2025, China cleared an additional 4,000-substrate shipment in late May 2026. " So they plan to keep tight control over this

Both TEL & KOKUSAI are losing market share in China NAURA & AMEC are very strong