Mon Aug-31 20:01:51
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🚨 Alert #3339 Wed Aug-26 15:40:43
OpenAI's Jalapeño chip turns up the heat on Nvidia in inference
OpenAI unveiled performance results for its custom Jalapeño inference chip developed with Broadcom, signaling a potential reduction in reliance on Nvidia GPUs.
🎯 Tickers & verdicts
| ticker | direction | verdict | since close | 30m | day lo | day hi | intraday px |
|---|---|---|---|---|---|---|---|
| primary NVDA | ▼ bearish | REPRICING | -1.14% | -0.54% | 206.48 | 220.50 | |
| GOOGL | · unclear | REPRICING | -1.33% | -0.20% | 340.28 | 347.50 | |
| AVGO | ▲ bullish | REPRICING | -1.23% | -0.22% | 350.42 | 362.13 | |
| peer AMD | · unclear | REPRICING | +1.13% | +0.16% | 473.00 | 490.04 | |
| META | · unclear | FRESH | +0.71% | +0.46% | 563.60 | 597.00 | |
| AMZN | · unclear | REPRICING | -0.67% | -0.64% | 258.35 | 262.85 | |
| MSFT | · unclear | FRESH | +0.49% | -0.25% | 487.23 | 498.25 | |
| QCOM | · unclear | FRESH | -0.19% | -0.45% | 158.86 | 164.92 |
🧭 Decisions
| strategy | ticker | action | side | rationale |
|---|---|---|---|---|
| S1 | NVDA | ○ skip | — | verdict REPRICING, direction bearish -> short NVDA (product: OpenAI unveiled performance results for its custom Jalapeño inference chip developed with Broadcom, signaling a potential reduction in reliance on Nvidia GPUs.) [skipped: duplicate theme — already holding S1 short NVDA exiting 2026-08-26] → close -0.53% |
| S2 | - | ○ skip | — | no counterparty in universe |
| S3 | AMD | ○ skip | — | direction unclear for AMD → close -1.13% |
| S4 | NVDA | ○ skip | — | overnight drift: short NVDA at close, exit next close (product: OpenAI unveiled performance results for its custom Jalapeño inference chip developed with Broadcom, signaling a potential reduction in reliance on Nvidia GPUs.) [skipped at close: outranked — mat 65 short lost to mat 90 long (decision 13404) for S4 NVDA exiting 2026-08-27] |
📈 Trades
no trades spawned
📖 Glossary
- S1 primary — trades the alert's primary ticker in the direction the article itself indicates; exits at the same day's close.
- S2 counterparty — trades the inferred counterparty ticker (weakest signal, LLM-inferred sympathy); exits at the same day's close.
- S3 peer — trades an inferred peer ticker (also LLM-inferred sympathy); exits at the same day's close.
- S4 overnight — holds the primary ticker from today's close to the NEXT day's close.
- Verdicts are decided top-to-bottom, first match wins; REPRICING is also the fallback when nothing else matches (2026-08-08 #220).
- UNKNOWN — a needed price input (move since close or move in the last 30m) is missing.
- PRICED — |move since previous close| ≥ 2.0%: already reflected in price.
- REPRICING — |move in the last 30m| ≥ 0.5%: the tape is actively moving on it. Also covers a quieter move — |move since previous close| in [1.0, 2.0) with a quiet last-30m tape: still developing, not yet priced.
- FRESH — |move since previous close| < 1.0%: a genuinely new move.
- materiality — how market-moving the story was judged, 0-100 — alerts require materiality ≥ 60.