Nvidia reported $81.61 billion in Q1 FY27 revenue, driven mainly by a 77% rise in compute and 199% jump in networking for AI data centers. Apple posted $109.4 billion in Q3 FY26 revenue, its strongest June quarter ever, with iPhone sales at $54.25 billion and services reaching $30.7 billion. Nvidia focuses on AI infrastructure expansion, while Apple leverages its large installed base and growing services. Nvidia guided Q2 FY27 revenue to $91 billion, and Apple expects 9%-11% growth next quarter amid supply constraints. Nvidia is favored for growth potential, Apple for stability.
Nvidia shares are rising again, driven by strong AI demand and anticipation for the new Vera Rubin GPU technology, which is significantly more efficient. Hyperscalers and major tech firms are increasing their capital expenditures to secure Nvidia's a...
Investor Michael Burry compared Nvidia's recent $500 billion AI infrastructure funding plan to Enron's infamous debt-hiding tactics, calling it a marketing stunt distracting from rising debt insurance costs. He expressed concern over Nvidia's use of ...
NVIDIA invested $2 billion in Marvell Technology, boosting Marvell shares by 12.42% in one day and 131% since the deal. This partnership integrates Marvell into NVIDIA's AI ecosystem, targeting AI infrastructure and 5G/6G deployments, driving Marvell...
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...
AMD reported strong Q2 2026 results with revenue up 50% to $11.54 billion and data center revenue doubling, yet shares fell due to flat gross margin guidance of 56% for Q3. Despite the pullback, Baird raised its price target to $1,250, citing AMD's g...
