Nvidia shares jumped over 7% in premarket trading after strong revenue guidance calmed investor worries about slowing AI spending. CFO Colette Kress projected 70% revenue growth for fiscal 2028, while CEO Jensen Huang said actual demand exceeds that figure but supply constraints are limiting sales. The rally spread across the chip sector, lifting Micron, Marvell, Arm, Intel, AMD and cloud infrastructure firms Nebius and CoreWeave.
cnbc.com
· 2026-08-27
Nvidia is deploying massive financial resources, totaling roughly $279 billion, to secure priority access to manufacturing capacity and components needed for its AI chips. The strategy aims to keep Nvidia ahead of rivals by ensuring it never faces the supply shortages that have plagued the chip industry, though it carries real financial risk.
wsj.com
· 2026-08-27
Nvidia reported fiscal second-quarter net income of $59.69 billion, or $2.46 per share, for the May-July period, exceeding Wall Street forecasts. The results were driven by continued strong sales of the company's high-end AI chips, which remain central to the ongoing buildout of artificial intelligence infrastructure.
fastcompany.com
· 2026-08-26
Perplexity and Nvidia have released an AI agent designed to run entirely on local hardware rather than through cloud-based inference, eliminating per-token usage charges. The system relies on on-device processing, letting users run agentic AI workflows without sending data to remote servers or paying ongoing API costs.
slashdot.org
· 2026-08-25
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.
wsj.com
· 2026-08-24
Nvidia has informed top customers that server systems built around its Grace Blackwell and Vera Rubin AI chips will cost more than 15% extra when they ship early next year, according to a Bloomberg report. Contract manufacturers serving Microsoft, Google, and Oracle have already passed along the increases, which vary by chip generation and memory configuration.
tomshardware.com
· 2026-08-23
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