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Broadcom is emerging as a prime beneficiary of hyperscalers designing custom AI accelerators like Meta's Iris, posing competition to Nvidia's merchant GPUs. Meanwhile, TSMC benefits broadly across bo…
Qualcomm received a Buy rating driven by automotive strength and an Amazon AI infrastructure deal. Broadcom's AI chip revenue surged 221% to $16.7 billion, serving as a benchmark for custom silicon s…
Cerebras reported strong revenue growth driven by rapid AI cloud adoption and large customer contracts. Crucially, the company expanded partnerships with AMD to pair GPU prefill with Cerebras decodin…
Nvidia CEO Jensen Huang dismissed concerns over circular financing, defending the company's financial backing of AI labs and cloud providers. Despite Huang highlighting $100 billion in contracted dem…
Intel shares sit 29% below 52-week highs despite strong year-over-year data center growth and tightening server chip supplies. Historical data highlights severe peak-to-trough drawdowns during market…
Nvidia's robust fiscal results and upbeat guidance validate CEO Jensen Huang's bullish stance on AI infrastructure. Fiscal Q2 revenue surged 106% to $96.2 billion, with Q3 guided to $108 billion. Des…
Nvidia plans a massive AI infrastructure expansion in Australia, aiming to build up to 2 gigawatts of computing capacity by 2027 with local partners. The ambitious project exceeds Australia's current…
NVIDIA CEO Jensen Huang reiterated massive AI infrastructure demand at Goldman Sachs' conference, forecasting $3 trillion to $4 trillion in spending by 2030. Huang expressed confidence in 70% year-ov…
Nvidia CEO Jensen Huang reiterated a massive 70% revenue growth forecast for 2027, citing insatiable AI compute demand exceeding supply. Huang highlighted higher average selling prices for next-gen V…
Nvidia announced plans targeting up to two gigawatts of Australian AI infrastructure by 2027. Despite expanding its sovereign AI footprint, shares fell 2.5% as investors noted the ambition lacks book…
Jim Cramer urged policymakers to implement an AI kill switch amid safety warnings from Anthropic researchers. However, he reaffirmed his bullish stance on hardware providers, recommending investors s…
U.S. stocks retreated Thursday following a surprise inflation report that rattled broader markets. Concurrently, shares of key Nvidia supplier TSMC slipped after reporting weaker August sales, puttin…
Nvidia CEO Jensen Huang stated that global AI infrastructure spending will reach tens of trillions, comparing AI compute to electricity. While lacking specific timeframes, Huang emphasized the utilit…
AI platform Zankore secured a $3.1 billion loan facility to finance an Nvidia-powered AI data center in Indonesia. Starting at 100MW and targeting 1GW capacity, the deal marks a major expansion of Nv…
Credo Technology reported record Q1 revenue of $479 million, up 115% year-over-year, driven by robust demand for AI cluster connectivity. Management highlighted rapid expansion in optical DSPs, Zero-…
Bank of America issued a Buy rating on SK hynix, noting severe memory supply shortages and strong demand for high-end applications. While low-end PCs and smartphones face memory de-specing, high-end …
Cathie Wood's Ark Invest purchased roughly $55 million of Nvidia and $41 million of Broadcom in late August. The moves reflect Ark's long-term conviction that AI infrastructure spending will surge to…
Impax Asset Management's Q2 letter highlighted surging AI data center investments and memory demand driving strong tech performance. Micron Technology rallied sharply due to explosive demand for high…
OpenAI signed an infrastructure agreement with Australia-based Firmus for data center capacity in Malaysia, which will feature Nvidia's upcoming Vera Rubin processors. While not a direct confirmed pu…
Prediction markets spiked after Nvidia CEO Jensen Huang declared that AGI has arrived with OpenAI's GPT-6 Astra model. OpenAI confirmed moving into the AGI era and started limited rollouts, reinforci…