The compute build-out: chips, data centres, model labs and the capex cycle funding them.
104 report(s) in the archive
TrendForce's forecast implies the memory chip boom that lifted Sandisk is decelerating sharply, not reversing.
TrendForce projects NAND flash memory prices will rise 10% to 15% this quarter, a sharp slowdown from the roughly 70% jump Sandisk rode over the prior period.
Michael Burry's Scion Asset Management dropped Alibaba for JD.com just as Alibaba priced a massive stock placement to fund AI spending.
Alibaba shares fell in Hong Kong after Michael Burry disclosed he had exited his Alibaba stake in favor of JD.com, compounding pressure from a $10.2 billion share placement the company launched to fund AI investment.
SoftBank's planned bond sale would be its largest ever; Alibaba is raising through a share placement rather than debt.
SoftBank is planning a record $6.3 billion bond sale and Alibaba is raising $10 billion via share placement, both citing accelerating AI spending as the reason.
Two separate analyses of the memory sector's run-up reach the same historical conclusion: these cycles have always ended, even as commentators argue this one may be different.
Historical patterns in memory-chip cycles suggest today's rally in Micron, SanDisk and SK Hynix will eventually cool, though both reports note structural AI demand could make this cycle longer than past ones.
The memory chipmaker says shareholder returns are now a floor, not a ceiling, as it retires roughly one share in every 30.
SK Hynix is buying back 3.3% of its outstanding shares and canceling every one of them, permanently shrinking its share count rather than just offsetting dilution.
Power generators tied to AI data center demand are drawing investor attention even as the broader AI trade grabs the headlines.
Vistra's business model, built around supplying electricity, positions it to benefit directly as data centers built for AI computing drive up power demand.
With Nvidia due to report and Jackson Hole on the calendar, rates and mega-cap tech risk are both back in focus for a market that has ridden the chip maker's results before.
Nvidia reports earnings Wednesday in what MarketWatch calls a test for a broad universe of companies tied to the AI theme, with bond yields also back in focus ahead of Jackson Hole.
Citi says the chipmaker's stock should rise after results, while another Wall Street voice warns it could fall even on a beat.
Citi expects Nvidia shares to trade higher after its upcoming earnings report, while a competing analysis argues the stock could drop even if the company beats estimates, because expectations have become too demanding.
The e-commerce giant is turning to equity markets for what would be one of the largest share placements in the city's history.
Alibaba is planning a Hong Kong share sale of $10.2 billion, up from an initial proposal of $10 billion, to fund artificial-intelligence investment.
The $5 billion convertible-note raise against a $1.4 billion revenue base lands as investors question whether AI infrastructure spending has outrun demand.
Nebius raised $5 billion in convertible notes against annual revenue of just $1.4 billion, a debt load equal to three and a half times its top line.
The power equipment maker's unfilled orders now exceed the annual economic output of many countries, fueled by AI-driven electricity demand.
GE Vernova's backlog has grown to $176 billion, driven largely by soaring energy demand tied to data center expansion.
Cloud giants are now outspending their own cloud revenue on data-center buildout just as Wall Street awaits Nvidia's next earnings report.
Major cloud companies are spending 102% of their cloud revenue on capital expenditures for AI infrastructure, a level flagged as unusual ahead of Nvidia's upcoming earnings.
Analysts are split on whether Nvidia's valuation is stretched or still cheap heading into its report.
Wall Street commentary ahead of Nvidia's upcoming earnings report is divided between arguments the stock is undervalued and warnings that the real test comes only after results land.
The search giant secured the right to buy Marvell shares as part of a custom silicon deal struck this summer, an unusual twist on a supplier contract.
Google negotiated warrants — the right to buy Marvell stock at a set price — as part of its deal to buy custom chips from Marvell, tying its own upside to Marvell's stock performance.
A broad chip-sector pullback hit Micron hardest, but analysts covering the stock say the drop looks overdone.
Micron shares fell 7% in a sector-wide semiconductor sell-off, prompting analysts to debate whether the drop is a buying opportunity.
The chipmaker is lining up one of the largest debt raises tied to the AI boom as custom silicon orders swell its backlog.
Broadcom is seeking up to $80 billion in debt financing to support an AI chip deal, one of the largest such raises tied to the current buildout of AI data centers.
Analysts point to widening spread risk in credit markets as a leading indicator that equity investors chasing AI names have yet to price in.
A growing gap between AI-linked equity enthusiasm and deteriorating credit market signals suggests risk is building beneath the surface of the AI trade.
The South Korean chipmaker also authorized 78.9 billion won for a supplier incentive fund as it faces pressure to share bumper AI-driven profits.
Samsung will return a record $80 billion to shareholders after profits surged on the AI boom, while also setting aside 78.9 billion won for suppliers.
Regulatory filings show the billionaire investor trimmed three of the market's best-known chip names in favor of other companies tied to AI buildout.
Stanley Druckenmiller sold his positions in Micron, Intel and Broadcom and redeployed into other AI infrastructure stocks, according to disclosed portfolio changes.