Nvidia guided October-quarter revenue to $108 billion and forecast a 74% gross margin, while setting a 71% gross-margin floor for January—both above key thresholds. The company said the Rubin platform lifts revenue per gigawatt by 60%, supporting a target of 70% revenue growth in fiscal 2028 that it expects to outpace Wall Street forecasts. Risks include $36 billion in guaranteed AI cloud revenue floors, though free cash flow and demand-driven shortages are cited as supports for continued growth confidence.

Schrödinger returned to a net profit in the second quarter of 2026. The result was primarily driven by $48.9 million in gains from Ajax. The company’s cash reserves increased to $418.8 million.

Intel’s Q2 revenue rose 25%, marking its fastest growth in 15 years, alongside a sharp margin expansion in its Data Center and AI business. Over the past year, the company has raised PC CPU prices three times, prioritizing margin over unit volumes even as its 2026 guidance points to a double-digit decline in the overall PC market. Intel’s foundry business remains heavily dependent on internal demand, with external revenue representing just 5% of the segment total and meaningful external customer commitments not expected before 2028.

IREN Limited has contracted $4 billion of annual recurring revenue tied to 2026 capacity, though only $1 billion was operational by late August. Horizon 1 acceptance has validated execution, while Horizons 2 through 4 are the key test for the company’s December commissioning targets. Customer prepayments cover 45% to 55% of GPU capex, and equipment financing can fund approximately 90% of GPU costs. IREN trades around 5.8 times FY2027 consensus sales, falling to 2.2 times FY2028 revenue as capacity scales.

Fluence Energy cut its FY2026 guidance for a second time in six weeks, citing ongoing supply-chain and execution issues. The company said it plans to “rightsize growth” to reduce working-capital needs and avoid raising additional capital. The analyst argued FY2027 revenue is unlikely to be close to the $4.0 billion consensus and lowered a price target to $6.20 from $10.30 while reiterating a “Sell” rating.

Nebius has issued $5.75B in convertible notes, with annual interest expense exceeding one-quarter of quarterly EBITDA, fueling concerns about its financing position. Shareholders have approved issuing up to 20% new shares without preemptive rights, adding to dilution risk alongside net insider selling. Management said current pricing power may last only 18–24 months and expects normalization in 2027–2028 as supply catches up with demand.

Broadcom says it has locked in about $350 billion of AI chip shipments for the next two fiscal years. It is targeting AI revenue of $115B in 2027 and $230B in 2028, based on secured supply and customer power constraints. AI now represents 56% of total revenue, while operating margin remains at 67.9%. The stock’s valuation has compressed to about 11.5x management’s $30+ 2028 EPS target.

SanDisk said demand for AI-related storage is running ahead of expectations, with customers extending NBMs and increasing NAND purchases. Management said competitors are spending about 2.7 times more capital per petabyte, underscoring what it described as the company’s capital-efficiency advantage. The stock trades at 7.6x forward earnings; a return to an 11x multiple would imply about $2,350 per share, or 44% upside.

Microsoft said Azure’s annualized revenue has surpassed $100 billion. The company’s data-center expansion plans suggest compute capacity could triple to 38 GW by 2032, signaling confidence in long-term cloud demand. Copilot usage is stabilizing, which management says could support further monetization and platform scaling.