Qualcomm announced a multi-generation collaboration with Amazon Web Services to build custom data-center silicon aimed at inference workloads, and shares jumped as much as 10% intraday — the biggest single-day pop in months. As part of the deal, Qualcomm issued Amazon warrants for roughly 25 million shares, worth about $4 billion. It's Qualcomm's second major hyperscaler win in a few months and the clearest evidence yet that the pivot away from smartphones is real.
At Citi's Global TMT Conference on Tuesday, AMD said data-center revenue should roughly double to about $70 billion in 2027, with AI GPUs alone in the low-$40 billion range, and sized its total AI opportunity at $2 trillion by 2030. Shares rose more than 6% and are up roughly 113% year to date. The backlog behind it: a 6-gigawatt OpenAI commitment, 6GW from Meta, and up to 2GW from Anthropic.
A supply-chain report said Intel plans to raise PC processor prices roughly 10% in early October, and investors read that as Intel defending margin rather than chasing volume. Northland Securities upgraded to Outperform from Market Perform with a $120 target, citing turnaround progress and a server CPU shortage. The move lifted the U.S. government's 9.9% stake to a paper gain of about $36 billion.
Morgan Stanley and Goldman Sachs are reportedly working to secure investment-grade credit ratings for OpenAI and Anthropic ahead of potential IPOs, which would open the $11.7 trillion corporate bond market to them on day one. Both remain deeply unprofitable — OpenAI posted a $20.9 billion operating loss on $13.1 billion of revenue in 2025, and Anthropic doesn't expect breakeven until 2028. Notably, Nvidia has guaranteed up to $105 billion of lease obligations tied to an OpenAI campus in Ohio, with those obligations partly contingent on OpenAI landing a satisfactory credit rating.
Oracle posts fiscal Q1 2027 results Thursday, September 10. Consensus sits near $19.13 billion in revenue and about $1.30 in EPS. The number that actually matters is remaining performance obligations, which ended fiscal 2026 at $638 billion — and whether that backlog is converting into recognized revenue fast enough to justify the capex.
Palantir will bring Nebius compute and inference inside its enterprise security perimeter, letting customers fine-tune open models while keeping control of their own data. Nebius rose about 5-6% on the news while Palantir slipped roughly 2% — the market paying up for compute over software. Worth noting: no committed capacity or dollar figure was disclosed, so this is a credential more than a contract.
Nvidia added about 0.7% while the iShares Semiconductor ETF gained 1.7% and Broadcom tacked on 1.1%. Nvidia trades near $232 against a consensus target of roughly $344, and goes ex-dividend on its $0.25 payout September 10. Director Mark A. Stevens disclosed a sizable share sale on Tuesday.
At its investor day, IonQ raised full-year 2026 revenue guidance to $450–460 million, up from a prior midpoint near $285 million, reflecting the closed SkyWater acquisition. It also announced an $8.18 million quantum-security deal with Congruity360 and unveiled Superion 256, its sixth-generation system. Shares spiked 12.4% in the morning before fading to close up 2.4% at $40.47.
Presenting at Citi's TMT conference Tuesday, Super Micro pointed to rapid revenue growth, a more diversified customer base, and an expanding backlog tied to the AI server buildout. Management was candid about near-term margin swings and the need to tighten compliance and working-capital controls as volume scales. That mix of growth plus self-flagged execution risk is the whole SMCI debate in one session.
Bloom Energy was added to the S&P 500 and rallied 9.6%, capping a run built on AI data-center power demand. The company has an expanded Brookfield financing facility of up to $25 billion and long-term supply contracts with hyperscaler-adjacent customers including Oracle and Nebius. Index inclusion forces passive buying, so some of Tuesday's move is mechanical.
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