Nvidia

Nvidia reported Q2 FY2027 revenue of $96.2 billion, up 106% year-over-year, beating estimates. The company guided Q3 revenue to $108 billion, and stock rose 8.7% after earnings.

Cerebras plans to sell 28 million shares at $115-$125 each, aiming for a $26.6 billion valuation. The AI chipmaker's deep ties to OpenAI include a $20 billion compute deal.

CoreWeave signs multi-year Anthropic deal, bringing nine of ten top AI model providers to its GPU platform. AI infrastructure arms race intensifies as frontier developers consolidate around specialized cloud providers for compute reliability and priority access.

Intel joins Elon Musk's Terafab project as foundry partner —$25B AI chip manufacturing initiative bringing together SpaceX, Tesla, and xAI. Vertical integration strategy aims to reduce dependency on NVIDIA and TSMC.

Arm Holdings has unveiled its first-ever in-house-designed data center processor, the AGI CPU, marking a historic strategic shift. With Meta as launch partner and $15B annual revenue projected within five years, Arm directly challenges Nvidia's AI accelerator dominance.

Nvidia's PE ratio has declined to its lowest level in seven years, with the stock losing over 11% this year and $80 billion wiped from market cap. Combined concerns over the Iran war and AI spending fatigue are weighing on shares despite the company's dominant market position.

Nvidia dominates AI accelerator market with 85-90% market share, controlling the infrastructure powering the AI revolution. A look at how its $4 trillion valuation reflects irreplaceable positioning in the AI stack.

French AI startup Mistral raises $830 million in debt from seven banks to fund Paris-area data center with 13,800 Nvidia chips, targeting 1.4 gigawatt AI campus by 2028.