Super Micro (SMCI) says quarterly sales ran $4 billion above its forecast. Its new CFO started six days earlier.
Super Micro now puts its September-quarter sales at $18.5 billion to $19.5 billion. The margin estimate beat the forecast too, though it still trails June's.
Kospi rebounds 2.46% as Samsung and SK Hynix rally on Supermicro's sales estimate. Meta reports next.
SK Hynix rose more than Samsung, and foreign investors aren't treating the two chipmakers the same way. The Kospi is still well below its early-October level.
SpaceX (SPCX) seeks $40 billion in Apollo-led debt to buy Nvidia chips
Bond fund Pimco is among the lenders in talks, and the deal may not close until 2027. SpaceX shares slipped after hours while Nvidia and Apollo edged up.
Super Micro (SMCI) CEO says SpaceXAI build is moving 'full speed ahead,' teases a year-end surprise
Supermicro CEO Charles Liang said on X that the company is moving full speed ahead on data center work for SpaceXAI and promised a surprise before year-end. He gave no deal size or details.
Fujitsu (FJTSY) opens MONAKA server sales in November as global CPU rollout follows
Fujitsu opens sales of its MONAKA servers in Japan and Europe in November 2026, with shipments starting April 2027. The standalone processor is planned for cloud and data center operators in the quarter ending March 2027.
Dell (DELL) raises its full-year outlook by $25 billion as AI server backlog nearly doubles to $95 billion
Dell booked a record $60.9 billion of AI server orders in the quarter ended July 31 and exited with a $95 billion AI backlog, up from $51.3 billion in May. Revenue rose 58% to $47.0 billion, fiscal 2027 guidance moved to $192 billion, and free cash flow fell 47% as inventory doubled.
Super Micro's (SMCI) financial statements passed. Its internal controls failed for a third year.
BDO USA issued its third straight adverse opinion on Super Micro's internal controls, the same day it gave the company's fiscal 2026 financial statements a clean sign-off. Revenue grew 78% to $39.06 billion.
The new US import ban covers cotton, tomatoes, and the capacitor supply chain behind AI servers
DHS added 43 Chinese companies to the UFLPA Entity List on July 31, 2026. Two of them sit in the aluminum electrolytic capacitor chain, the parts that fill AI server power supplies. Nichicon and Nippon Chemi-Con had already raised prices in June, citing aluminum foil costs.
Tesla (TSLA) and Alphabet (GOOGL) are falling hard. The rest of the AI trade isn't (July 23, 2026)
Tesla and Alphabet kept falling through Thursday morning even as chipmakers, neoclouds and photonics stocks held up fine. Oil topped $100 a barrel after Trump threatened to bomb Iranian infrastructure over any new attack on shipping.
Super Micro's (SMCI) revenue landed at the low end of guidance. The stock is up 25% anyway (July 22, 2026)
Super Micro Computer's preliminary Q4 update showed more than $60 billion of new orders and gross margin guidance that nearly doubled, but revenue landed at the low end of its own range. The stock is up about 25% anyway.
Nasdaq-100 futures sank close to 1% Wednesday morning. Stocks clawed almost all of it back by mid-morning (July 22, 2026)
Nasdaq-100 futures fell close to 1% Wednesday morning on an Iran oil spike, new tariffs and chip-stock fear. Stocks opened lower too, but climbed steadily through the first half hour of trading and were back to nearly flat by mid-morning.
Micron (MU), SK Hynix and AMD just gave chip stocks their first back-to-back gain in two weeks (July 21, 2026)
Micron (MU) closed up about 12 percent, SK Hynix's ADR about 14 percent, and AMD 8 percent Tuesday, chip stocks' first back-to-back gain in two weeks. A Bank of America upgrade on memory demand and a new AMD-Microsoft Azure deal did the heavy lifting.
Meta said it had spare compute. Then it broke ground on a $9 billion data center in Canada (META, CRWV, NBIS)
A week after Meta's excess-compute cloud plan crushed the neoclouds, it broke ground on a C$13 billion, 1-gigawatt data center in Alberta, Canada. The demand is real.
Chips had their third worst day of 2026 and the S&P barely noticed (MU, INTC)
The S&P 500 closed within a whisker of flat on July 1 and the chip trade still had its third worst day of the year. Micron fell 10.5 percent, Intel lost 9 percent, and Meta gained almost 9 percent on the other side. Here is the damage report.
The AI stocks that led and lagged the first half of 2026
The first half of 2026 split the AI trade in two. Memory and chip-supply names like Micron (MU, +304%) and Intel (INTC, +278%) soared, while marquee names lagged and AI software fell, with Palantir (PLTR) down about 34%. Here is the full scoreboard and what it means.
AI's quiet winners: ASML, AMD and Vertiv VRT lead at the June 30, 2026 open
On the last trading day of the first half, the AI suppliers led again. ASML, Arm (ARM) and Vertiv (VRT) each rose about 4%, while Micron (MU) is up roughly 300% in 2026.
The AI stock map: every layer of the trade, from sand to software
A top-to-bottom deep dive on the AI supply chain, from the machines that make the chips down to the hyperscalers writing the checks, and how every layer pushes and pulls on the others.