Amazon will add 2 million Nvidia GPUs to AWS data centers in 2027 and 2028, extending a fast-growing partnership as demand for AI computing outpaces expectations.
Nvidia reported $96.2 billion in quarterly revenue and forecast roughly 70% growth for fiscal 2028, reinforcing AI infrastructure demand while testing investor expectations.
Dan Ives says Nvidia’s Wednesday earnings can reset AI demand expectations as higher server prices, constrained supply and a possible $6 trillion valuation reinforce tech optimism.
Apple’s rumored foldable iPhone Ultra is targeting a September 2026 launch above $2,000 as retail stores prepare space for new home products.
Nvidia customers face AI server price increases above 15% on systems shipping next year, driven by surging memory costs and configurations tied to new chips.
Marvell granted Google a warrant for up to $12.2 billion in shares tied to custom AI chip purchases, deepening their partnership as cloud companies seek Nvidia alternatives.
Samsung and SK Hynix shares fell more than 7% in Seoul as China competition fears widened a global AI chip selloff, before SK Hynix announced a $28.6 billion buyback.
Unitree Robotics raised $904 million in Shanghai, drawing more than 8,000 retail subscriptions as investors bet on China’s humanoid robotics industry.
OpenAI secured about 8 gigawatts of capacity at Ohio’s PORTS-Pike campus, linking its expansion to Nvidia, SB Energy and a major Southern Ohio jobs program.
Groq raised $350 million at a $3.5 billion valuation as it pivots toward Nvidia-powered inference cloud services after licensing technology and losing senior talent to Nvidia.
ASUS raised its 2026 AI server growth target above 150% as infrastructure demand stays strong, while memory shortages and tariff risks pressure production plans.
Cisco raised its annual revenue and profit forecasts on AI-driven networking demand, but its $7.5 billion data-center sales target disappointed investors seeking faster growth.
Gulf states are investing billions in AI, data centers and subsea cables as regional conflicts expose their dependence on vulnerable routes and foreign technology.
An estimated $130 million in Bitcoin was drained from Coldcard wallets, while Galaxy Digital’s Alex Thorn said the incident won’t threaten Bitcoin’s network.
Apple is still planning a glass-centric iPhone for its 20th anniversary in 2027, according to reports that contradict a Jefferies cancellation claim.
