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Did Congress Waste Warsh Hearings on AI While Inflation Runs Hot? Cato Blasts Focus on 'Trendy Topics'

Jul 21, 2026, 5:58 PMDaragh Thomas

A Cato economist says Congress wasted its Warsh hearings on AI while inflation sits at 3.5% and traders reprice July hike odds. Here's what went unasked.

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Jul 21, 2026, 5:58 PM
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Jul 21, 2026, 5:58 PM
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  4. Aug 27, 2026, 6:27 PMDaniel Sparks

    Nvidia's Supply Commitments More Than Doubled to $279 Billion. Here's What It Does to the Stock.

    Nvidia doubled its supply commitments to $279 billion, primarily for memory procurement, to secure components for the next several years of AI demand. While gross margins will compress to 71-72% in Q4 fiscal 2028 as the company absorbs memory cost increases, management expects margins to recover to 72-73% in fiscal 2028 as price increases take effect. Despite near-term margin pressure, the company's strong revenue growth (89% YoY guidance) and reasonable valuation support a positive long-term outlook.

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