AI Stocks Close
🔔 AI Stocks Close — Wednesday, August 12, 2026 at 2:15 PM
Closes: SPX 7,748 (+0.26%) · NDX 26,588 (+0.54%) · DJI 53,770 (-0.04%)
Day narrative: A tame July CPI opened the session, but it was blowout AI-infrastructure earnings — Super Micro, CoreWeave, Nebius — that ran the table. Money rotated hard into chips and servers while Mag7 software names quietly gave back ground.
Sectors: Best Semiconductors / AI Infrastructure (~+4% complex) · Worst Software / Consumer Tech (~-2%)
Movers:
• SMCI +19% — Q4 2026 earnings blowout; AI server demand and guidance demolished estimates
• NBIS +34.1% — Nebius AI cloud revenue +514% YoY; most talked-about print of the week
• CRWV +19.3% — CoreWeave revenue doubled; AI infrastructure theme running full force
• MU +5.1% — memory complex carried higher by the chip-sector bid
• META -3.2% — rotation out of application layer into AI hardware; sharpest Mag7 loss
• MSFT -1.9% — software complex broadly pressured; IBM's capex-shift warning still echoing
After-hours / Earnings:
• CSCO reported Q4 FY2026 beat, +2.88% AH — EPS $1.22 vs. $1.17 est., revenue $17.25B vs. $16.82B est.; AI infrastructure orders expanded, stock to $123.90
Watchlist:
• MU $418 (+5.1%)
• NVDA $219 (+0.68%)
• MSFT $494 (-1.9%)
• GOOGL $343 (-0.1%)
• META $580 (-3.2%)
• AMZN $268 (-1.5%)
• AAPL $302 (-1.0%)
• AMD (chip sector bid, +3–5% est.)
• TSLA $327 (-1.8%)
• PLTR ~$175 (-1.5% est.)
• ARM $128 (+3.52%)
• SMCI ~$37.60 (+19%)
• ORCL (+2.42%)
• SOUN $7.41 (flat)
• IONQ (flat, limited close data)
• BBAI $2.79 (-1.41%)
• AVGO (+1.65%)
• CRM (-1–2% est., sliding with software complex)
• ADBE (modest red)
• IBM ~$238 (+1.59%)
• SNOW $338 (+1.3%)
• MDB (flat to modest red, limited data)
• NET (flat to modest gain, limited data)
• CRWD (+3.38%)
• TSM (+0.42%)
• ASML (+2.16%)
Macro:
• July CPI 3.4% YoY (vs. 3.5% prior), +0.1% MoM; core 2.5% — in line, slow descent continues
• WTI $83.83 (+0.8%), Brent $89.44 — Strait of Hormuz tensions keeping crude bid
• Fed September: ~55% probability hold, 45% cut after cooler print
• VIX 15.28 (-1.2%)
• 🚨 Anthropic IPO watch: $65B Series H at $965B post-money valuation; S-1 filed June 1; IPO targeting late September or early October 2026 — Goldman, JPMorgan, Morgan Stanley underwriting
• 🚨 OpenAI IPO watch: reportedly pushed listing to 2027; valued at ~$920B
Tomorrow: CSCO conference call overnight for AI order guidance detail; limited confirmed Aug 13 earnings deck (Baidu 6-K in); Hormuz situation remains the macro wildcard; Fed-speak and crude direction will set the tone