Oct 15 midday: TSMC record profit and Texas expansion talks keep AI capex bid alive, but NVDA sinks on AI financing fears. China's CXMT claims next-gen DRAM lead and Seoul plunges. PPI mixed, retail s

China's CXMT claiming next-gen DRAM leadership is the shot across the bow. Seoul plunges, but Korea still owns HBM. Watch memory pricing and whether Samsung and SK Hynix get squeezed in commodity DRAM while HBM stays tight. TSMC posts record profit on extremely robust AI chip demand and explores Texas investment. It is also sending scouts to check whether US datacenters can deliver. The issue is NVDA falling on AI financing concerns, and Baird says Wall Street is tiring of the Bank of Nvidia, AMD and Broadcom. Macro: greenback eases from 18-month high as Treasury yields retreat and Fed hike bets ease. Euro slides to fresh lows vs USD and GBP despite ECB rate hikes. Pound bounces as yields retreat. Prediction markets still price 85.5% odds the Fed's upper bound is above 3.75% after March 2027. Earnings and corporate: Wells Fargo Q3 call highlights higher interest income outlook. PG Q1 earnings expected to decline. JNJ has bull and bear cases after Q3. RTX's Raytheon picked to modernize

China's CXMT claiming next-gen DRAM leadership is the shot across the bow. Seoul plunges, but Korea still owns HBM. Watch memory pricing and whether Samsung and SK Hynix get squeezed in commodity DRAM