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Glonghui, May 21｜NVIDIA is no longer content with dominating the global GPU data center market; the company has announced that it now aims to become a leading global CPU supplier. Chief Financial Officer Colette Kress announced this news during NVIDIA's Q1 earnings call on Thursday, stating that the CPU market represents a total addressable market of $200 billion—an area that NVIDIA has never entered before. The company currently expects its standalone CPU revenue this year to approach $20 billion, and all major hyperscale vendors and system manufacturers are partnering with NVIDIA to deploy these chips. According to market participants, the market was completely unprepared for NVIDIA to enter the CPU market so quickly and directly. This move directly impacts the competitive landscape for AMD and Intel. The pressure faced by AMD and Intel at Thursday's market opening was not merely due to capital rotation, but rather a real shift in the competitive landscape.

According to Goldman Sachs, since May, global crude oil and refined oil inventories have been decreasing at a record pace of 8.7 million barrels per day, nearly double the average rate since the outbreak of the conflict. Goldman Sachs analysts pointed out that oil exports through the Strait of Hormuz are only 5% of normal levels. Two-thirds of the inventory decline in May was driven by a reduction in "seaborne oil," with export reductions outpacing import decreases. Sluggish imports have spread from Asia to Europe, and Europe's jet fuel imports are 60% lower than the 2025 average level.

BlockBeats News, May 21st - Goldman Sachs stated that as the Middle East conflict continues and supply remains constrained, global crude oil and refined product inventories are being drawn down at a record pace this month. In a report on May 20th, Goldman Sachs analysts noted that visible inventories have fallen at a record daily pace of 8.7 million barrels in May, nearly double the average rate since the conflict began. They said, "The physical market continues to tighten, with estimated oil exports through the Strait of Hormuz still at only 5% of normal levels." Goldman Sachs analysts stated that two-thirds of the inventory decline in May was being driven by a reduction in so-called 'floating storage,' with export declines outpacing import declines. The import weakness is now "spreading from Asia to Europe," they noted, highlighting that European jet fuel imports are 60% below the 2025 average level.