Trump scraps Biden's AI restrictions

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Wall Street is sweating and GPUs are burning … must be FRY-nancial FRY-day. Time to serve up what’s hot! 🤑

*The content provided in this newsletter is for informational purposes only and does not constitute investment advice.*

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🤯 MYSTERY AI LINK 🤯

(The mystery link can lead to ANYTHING AI-related: tools, memes, articles, videos, and more…)

🔨 AI FINANCE TOOLS OF THE DAY

🦾 Marblism: Easily create AI employees for your business. → Check it out

💸 Pimms: Identify your top-performing ad campaigns and links. → Check it out

💰 Donor AI: Get predictive solutions for fundraising. → Check it out

SALTY STORIES OF THE WEEK 🧂

Want some seasoning? Here are the saltiest AI stories in FRY-nance from this week:

• The Trump administration plans to scrap a Biden-era rule that limited exports of advanced AI chips to certain countries, especially China, in an effort to protect U.S. technological dominance. The rule, set to take effect May 15, divides the world into tiers—giving allies broad access while blocking or capping exports to others. Trump officials argue this approach is too complex to enforce, and they aim to replace it with a simpler system that promotes U.S. innovation and uses direct agreements between governments. The move could open the door for U.S. chipmakers like Nvidia to increase sales abroad. (Read More)

• Relevance AI, a startup developing tools to help companies build and manage teams of AI agents, recently raised $24 million in funding to expand its platform. With 40,000 AI agents already registered, Relevance is aiming to make AI agents accessible to non-technical users through no-code tools that let them design agents using simple text prompts. AI agents are becoming a major part of the workplace, with the market expected to grow 45% annually over the next five years. (Read More)

• Visa is teaming up with major AI developers like OpenAI, Microsoft, and Anthropic to help AI agents go beyond chatting about finances and start actually buying things for you. These agents could soon handle everyday tasks like booking flights or ordering groceries, as long as you set your preferences and a budget. To make this possible, Visa is working to connect these AI systems to its global payments network, allowing them to make secure purchases on your behalf. (Read More)

THIS WEEK’S DIAMOND IN THE ROUGH 💎

AI continues to grow in power. Literally. 🔋

This week’s diamond in the rough: Celestica (CLS)

How is Celestica using AI? Celestica isn’t building flashy AI apps, but it’s a key player behind the scenes. The company provides hardware and infrastructure—like AI/ML servers, 1.6 terabyte switches, and advanced liquid cooling systems—that AI systems need to function at scale.

Why is Celestica valuable? In Q1 2025, revenue in Celestica’s Cloud and Connectivity Solutions segment jumped 28% year-over-year to $1.84 billion, with hyperscaler-related sales surging nearly 87%. Its High-Performance Solutions division alone saw 99% growth and now makes up nearly 40% of total revenue. The company also has close ties with major cloud providers, putting it in a good position amidst the AI boom.

HOW ARE THE BIG AI PLAYERS DOING?

$AMZN ( ▲ 0.23% ) 

$AAPL ( ▲ 0.67% ) 

$GOOGL ( ▼ 0.64% ) 

$META ( ▼ 0.03% ) 

$MSFT ( ▼ 0.33% ) 

$NVDA ( ▼ 0.79% ) 

$TSLA ( ▲ 6.37% ) 

FRY-NANCIAL TOOL OF THE WEEK 🔧

“AI, make me rich.” 😆

What is the tool? Composer helps users build trading algorithms that execute personalized trading plans and react to market shifts in real time.

How does it work?

1. Explain your goals, strategy, and risk concerns in natural language.

2. Composer’s AI-assisted editor will create a trading strategy for you.

3. Edit the strategy to your liking.

4. Enable Composer to execute this investment plan on your behalf.

FRY-AI FANATIC OF THE WEEK 🍟

Congrats to our subscriber, William! 🎉

William gave us a Fresh and Crispy review and wrote, “A good daily summary read.”

(Leave a comment for us in any newsletter, and you could be featured next week!)

YESTERDAY’S POLL RESULTS 📊

Featured comments:

“We’ll get worse at talking to actual people, and entitlement will get worse too.” (It will make loneliness worse 👎)

“This will only provide a false sense of connection for people that detracts from meaningful relationships." (It will make loneliness worse 👎)

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