IREN vs NVIDIA

AMD Stands Out as AI Trade Fractures

As the AI trade shows signs of cracking, with recent selloffs in CoreWeave and IREN and growing concerns about AI infrastructure spending, CNBC's Options Action contributor Michael Khouw identifies Advanced Micro Devices (AMD) as a standout investment opportunity. Despite AMD's 8.1% drop following Meta's financing plans and a supply warning from Lam Research, Khouw's quantitative screen highlights AMD as the only major chipmaker meeting all criteria for outperformance. These criteria include price above the 200-day moving average, revenue and EPS growth exceeding S&P 500 benchmarks, rating upgrades, PEG below 3, and strong ROE/ROIC. Consensus estimates for Q3 2026 project EPS of $1.94 on revenue of $13.06 billion, representing year-over-year growth of 62% and 41% respectively. CEO Lisa Su recently announced plans to substantially increase supply in 2027 to meet surging AI demand. The article also discusses an options strategy—a call spread risk reversal—to manage the high implied volatility around earnings.

• AMD's stock dropped 8.1% due to Meta's financing plans and a supply warning from Lam Research.
• Consensus expects AMD Q3 2026 EPS of $1.94 on revenue of $13.06 billion.
• AMD's year-over-year growth is projected at 62% for EPS and 41% for revenue.

AI Is Changing How Semiconductor Fabs Work — and Engineers Are Moving Faster Because of It

NVIDIA blog post published November 03, 2026, discussing how AI is transforming semiconductor fabrication processes.

AI Bubble Will Burst, Says Doctorow: Buy at 90% Off

In an interview with Trending Topics, Cory Doctorow, a prominent Big Tech critic, argues that the current AI boom is a speculative bubble with poor unit economics that worsen with scale, predicting severe economic and social consequences. He criticizes Anthropic's upcoming IPO, comparing it to Elon Musk's SpaceX listing, which he says used retail investors as exit liquidity. Doctorow advises Europe against building its own AI models, instead recommending waiting for the bubble to burst and buying infrastructure at a discount, or using Chinese models. He advocates for 'tearing down the walls' of digital sovereignty, calling for changes to the Copyright Directive to allow data portability from US clouds and for legal iPhone jailbreaking to permit alternative app stores. He also views protests against data centers as part of an anti-oligarchy movement, and notes the US may already be in a recession without AI, citing Apollo Capital's analysis.

• Cory Doctorow predicts the AI bubble will burst, citing poor unit economics and recommending Europe to wait and buy assets at a discount.
• Anthropic is planning an IPO, which Doctorow criticizes as risky for retail investors, comparing it to SpaceX's listing.
• He claims 35% of the S&P 500 is made up of seven AI companies, six of which lose money, with Nvidia being the exception.

Cramer praises CrowdStrike's AI kill switch, backs stock

Jim Cramer, host of CNBC's "Mad Money," endorsed CrowdStrike's new "AI Kill Switch" feature, calling it game-changing for cybersecurity and a significant growth driver for the company. The tool, part of CrowdStrike's Falcon Guardian platform, allows security teams to take control of rogue AI agents that deviate from their intended behavior. Cramer argued this addresses one of the biggest concerns about AI adoption, countering claims by Anthropic and OpenAI that no such kill switch exists. CrowdStrike announced the feature at its Fal.Con conference in Europe. The stock rose about 1% following the news. Cramer's endorsement comes amid a broader industry debate about AI safety and the need for controls. The company's stock has fallen about 12% from its record high in October, but Cramer remains enthusiastic, noting the Club's position and recent partial profit-taking.

• CrowdStrike unveiled an 'AI Kill Switch' feature within its Falcon Guardian platform at the Fal.Con conference in Europe.
• The AI Kill Switch allows security teams to take control of AI agents that stray from their assigned behavior.
• Jim Cramer called the feature game-changing and a significant growth driver for CrowdStrike.