Nvidia’s blockbuster earnings and strong guidance dominated markets, driving chip stocks higher while underscoring the ongoing AI infrastructure boom. Hyperscalers and AI labs locked in massive compute commitments, Salesforce soared on an Anthropic partnership and strong results, Meta reached a landmark multi-state child-safety settlement, and Apple confirmed its September product event featuring the long-awaited foldable iPhone. Alphabet and Meta faced continued investor pressure over AI spending, while Amazon/AWS and others deepened Nvidia ties amid surging demand.
- Nvidia: Reported a record $96.2 billion quarterly revenue (data center ~$89 billion, up 117% YoY) and guided ~70% revenue growth for the next fiscal year plus ~$108 billion for the current quarter; shares jumped sharply. Reports also indicated an agreement to acquire Hugging Face for about $12.9 billion.
- Amazon / Amazon Web Services (AWS): Expanding partnership with Nvidia to deploy an additional ~2 million GPUs (Blackwell Ultra, Rubin, and Rubin Ultra systems) in 2027–2028 across data centers, on top of prior commitments, amid surging AI demand.
- Anthropic: Signed a ~$45 billion multi-year compute deal with infrastructure provider Nscale (covering ~460 MW, expected to use Nvidia Vera Rubin systems starting late 2027); also expanded partnership with Salesforce for “Claudeforce.”
- Salesforce: Shares surged ~22–23% (one of its best days ever) after beating Q2 estimates, raising full-year guidance, and announcing the expanded Anthropic partnership integrating Claude models into Salesforce workflows and data.
- Apple: Confirmed its “Surprise and shine” event for September 9, 2026, expected to feature the iPhone 18 Pro series and the company’s first foldable iPhone (rumored as iPhone Ultra).
- Meta Platforms: Agreed to pay up to ~$17–18 billion over a decade and implement teen safety measures (including default daily time limits, nighttime blocks, and school-hour notification restrictions) to settle multistate lawsuits over alleged addictive design and youth harms on Facebook and Instagram.
- Alphabet (Google): Shares continued under pressure (part of broader investor rotation away from some hyperscalers amid AI capex concerns) even as Nvidia results lifted the sector; prior cloud and AI product strength noted in recent periods.
- Hugging Face: Subject of reported Nvidia acquisition agreement valued at approximately $12.9 billion.
- SpaceX: Mentioned in connection with ransomware actors allegedly using its Cursor AI coding assistant in breaches of at least seven companies; broader AI/space compute interest noted in related coverage.
- OpenAI: Referenced in safety/cyber reports and broader AI infrastructure financing contexts tied to Nvidia and hyperscalers.
- Samsung Electronics: Active in HBM and foundry discussions amid AI demand; continued competition with TSMC on advanced nodes and packaging.
- TSMC: Maintained dominant pure-foundry market share (~73%); ongoing capacity constraints in advanced packaging (CoWoS) and leading-edge nodes supporting the AI buildout.
- Broadcom: Involved in AI ASIC and foundry supply discussions, including multi-year arrangements tied to memory and packaging demand.
- AMD / Intel: Benefiting indirectly from sector strength and capacity diversification talks as TSMC remains constrained; packaging and foundry alternatives gaining attention.
