AMD revealed a $565 million stake in SpaceX following its June IPO, despite SpaceX's decision to use Nvidia chips exclusively for its AI infrastructure. While Nvidia's investment aligns with its chip supply role, AMD's smaller stake appears to be a financial bet on SpaceX's broader growth in satellite services, rocket launches, and space-based tech. This investment is minor relative to AMD's market cap and doesn't affect its core business, which is focused on expanding its data center market share and revenue growth. AMD's SpaceX stake highlights a strategic financial play in a rapidly expanding space and tech ecosystem rather than a chip supply deal.
In Q2 2026, Berkshire Hathaway boosted its Alphabet shares by 83%, making it its third-largest holding worth $37.8 billion, while billionaire investor Stanley Druckenmiller initiated a new Alphabet position. Both investors, known for very different s...
Nvidia has begun full production of its Spectrum-X Ethernet Photonics platform, the first co-packaged optics Ethernet switch designed for 200G-per-lane volume shipping. This innovation integrates optics directly onto the switch chip, drastically redu...
Broadcom's stock dropped 6% after Bank of America highlighted a potential $370 billion senior debt linked to its AI chip financing vehicle, raising concerns about its off-balance-sheet exposure. Meanwhile, AMD's shares climbed 4% following Baird's bu...
NVIDIA announced a $500 billion financing plan to support AI infrastructure development, signaling strong market confidence. The company reported impressive Q1 FY2027 results, with revenue up 85% year-over-year and strong data center growth. NVIDIA's...
NVIDIA reported $81.6 billion in revenue, up 85% year-over-year, but excluded any China data center compute revenue in its guidance due to export bans, impacting about $20 billion in potential revenue. AMD posted $11.54 billion, up 50%, with a 107% i...
