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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…
NVIDIA announced a $12.93B acquisition of Hugging Face, massive demand from OpenAI's GPT-6 involving over 500,000 GPUs, and a partnership with major banks to mobilize $500B in AI infrastructure finan…
Apple faces severe supply constraints as AI data centers consume global memory capacity, quadrupling smartphone-memory prices. With relief unlikely until late 2027 or 2028, rising component costs thr…
Surging high-bandwidth memory demand highlights sustained momentum across AI accelerator hardware. Strong memory supply commitments through 2027 reinforce solid structural demand for leading chipmake…
A Swiss Re report reveals the AI data center expansion could generate $91 billion in insurance premiums through 2030. Nvidia is mobilizing over $500 billion in third-party infrastructure capital, whi…
Dell and HPE reported surging AI server demand and massive backlogs, with Dell booking $60.9 billion in orders. While margins and component costs present challenges for server makers, the sustained b…
Dell posted a massive earnings blowout driven by soaring AI demand, with AI server orders hitting $60.9 billion and backlog reaching $95 billion. COO Jeff Clarke highlighted widespread supply shortag…