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OpenAI Builds Its Own AI Chip, Wall Street Braces for Nvidia Earnings

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Market update for Wednesday August 26, 2026

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In today’s episode, Zaid covers:

  • OpenAI’s new Jalapeño chip and why the company says it can outperform Nvidia in certain tests

  • Nvidia’s massive earnings report tonight and why expectations are so high

  • Abercrombie’s earnings beat and Intuit’s disappointing outlook

  • Why LeBron James borrowed nearly $300 million against his future endorsement income

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