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
Taiwanese prosecutors have charged nine individuals in connection with an alleged scheme to illegally smuggle AI servers, according to reporting on the case. The same roundup notes the U.S. has sanctioned suspected Iranian hackers on what officials called 'economic D-Day,' and Alabama has issued a subpoena to OpenAI over a cyberattack tied to its systems.
wsj.com
· 2026-08-25
King Slide Works, a company that manufactures furniture components such as drawer slides, has propelled its founder to become Taiwan's richest person amid the AI boom. Unlike chipmakers directly tied to AI infrastructure, King Slide's rise stems from its role supplying precision slide-rail systems used in data-center server racks, an unexpected byproduct of surging AI hardware demand.
wsj.com
· 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
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