Dick's Sporting Goods shares dropped 15% pre-market after the retailer missed second-quarter earnings expectations and cut its full-year outlook for Foot Locker, whose comparable sales fell 3.6%. Meanwhile, Nvidia announced its Groq 3 LPX rack is entering full production later this year, the first commercial payoff from its $20 billion Groq acquisition, even as its stock posted a seventh straight day of losses ahead of Wednesday's earnings report.
Nvidia reports fiscal second-quarter results Wednesday, with investors closely watching how much of its revenue still comes from a handful of hyperscale cloud giants versus a broader base of AI cloud, industrial and enterprise customers. The company recently began splitting its reporting into hyperscaler revenue and a separate category it calls ACIE, covering thousands of other buyers. CEO Jensen Huang has acknowledged that hyperscalers remain the easiest customers to sell to because there are only a handful of them, compared with roughly 250,000 other companies in the broader market.
Nvidia has released an upgraded version of DLSS Ray Reconstruction, version 4.5, which is now live in 30 supported games. The update refines how ray-traced lighting and denoising are handled, aiming to reduce visual artifacts and improve image stability during gameplay.
Nvidia has increasingly used investments and financing arrangements with AI companies to help drive demand for its chips, effectively acting as a lender and investor to firms that buy its hardware. This financial engineering supports near-term revenue growth but ties Nvidia's fortunes more closely to the success of the AI startups it backs.
Taiwanese prosecutors in Keelung have charged nine people, reportedly including an Nvidia senior manager and two Supermicro employees, with breach of trust and document forgery for allegedly faking records to disguise illegal exports of high-end AI servers to China. Investigators found that of 130 B300 servers falsely documented as installed in Taiwan, 74 were actually shipped to Chinese customers, while 56 were stopped after customs officials spotted inconsistencies. The probe follows the March arrest of Supermicro co-founder Wally Liaw in the US over an alleged $2.5 billion scheme to route restricted AI servers to China.
At Hot Chips 2026, SK hynix's Jaesik Lee said hybrid bonding won't be ready in time for HBM4E and will instead debut with HBM5, as current HBM4 packages are already constrained by a 775-micron thickness ceiling matching standard logic wafers. To keep scaling within that limit, 16-Hi HBM4 stacks now use dies thinned to about 50 microns with half the interlayer gap of 12-Hi designs, while SK hynix continues using its existing MR-MUF bonding method through upcoming Nvidia Rubin-generation products.
Nvidia is working to extend CUDA compatibility beyond x86-64 and aarch64 to RISC-V CPUs, according to a Hot Chips 2026 presentation. The company laid out strict hardware requirements, including RVA23 compliance, adherence to RISC-V server SoC and platform specs, ACPI support, and PCIe coherency, to ensure CUDA runs efficiently rather than falling back on lowest-common-denominator code.
Prosecutors in Keelung, Taiwan have indicted nine individuals—including a senior Nvidia manager and two Supermicro employees—on charges of breach of trust and document forgery tied to illegal exports of high-end AI servers to China. Investigators say the group falsified paperwork to make it look like 130 B300 servers were deployed in Taiwan, when 74 were actually shipped to Chinese customers; the remaining 56 were stopped after customs officials spotted inconsistencies.
Taiwan's Keelung District Prosecutors' Office has indicted nine individuals for orchestrating a five-step scheme to divert Nvidia B300 GPU servers meant for Taiwan into China, bypassing Supermicro's export compliance checks. Prosecutors say trading firm Flying Tiger Tech used whitelist status, a distributor intermediary, and a fake colocation lease to pass an on-site inspection despite lacking the infrastructure to actually run the 130 servers it ordered.
Nvidia said its Groq 3 LPX rack has entered full production and will be deployed with Vera CPUs and Rubin GPUs at cloud provider Nebius later this year. The rollout follows Nvidia's $20 billion acquisition of Groq's assets in December, its largest purchase to date, and packages 256 Groq 3 chips per rack delivering 3,400 tokens per second per an Artificial Analysis benchmark.
Taiwanese prosecutors have charged nine individuals connected to a scheme accused of illegally routing AI servers containing Nvidia chips to China, circumventing U.S. export restrictions. The case highlights ongoing efforts by Chinese buyers to obtain restricted American semiconductor technology through indirect channels.
A Reddit user with an Asus ROG Zephyrus G14 found that running the laptop in Asus' Eco mode, which disables the discrete GeForce RTX 5070 Ti GPU to save battery, caused Windows to eventually uninstall the Nvidia drivers entirely. Investigation of Windows logs revealed that pnpclean.dll, a routine that purges drivers for hardware absent past a timeout period, treated the disabled GPU as permanently disconnected after 15 days and wiped its drivers.
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