Hahn Ava sold $1.5M of AMD

Anthropic has signed a $45 billion lease with Nscale for Nvidia-powered computing capacity, starting in 2027. This follows a previous agreement to buy tens of billions in AMD-powered servers. Anthropic projects $190B-$200B in 2028 revenue, driving demand for AI capacity. Nvidia and AMD are both benefiting from Anthropic's multivendor strategy.

Nvidia secured $279 billion in multi-year memory purchase commitments, a 135% increase, to ensure supply for AI demand. This move may pressure competitors like AMD, which saw a 1.87% share drop. Memory makers like SK Hynix and Samsung gained, while Micron fell despite a recent rally. Nvidia's Q4 gross margin guidance is 71-72%, reflecting higher memory costs.

Wall Street anticipates a boom in AI infrastructure, driving demand for CPUs and GPUs. AMD, Intel, and NVIDIA are key players, with AMD gaining market share. Raymond James upgraded AMD to Strong Buy with a $641 price target, citing its strong positioning and market growth potential. Intel and Arm also pose competition, with Arm projecting significant revenue by 2031. Hedge funds are increasing positions in AMD, NVIDIA, and Intel.

NVIDIA's Q2 revenue hit $96.2B, up 102% YoY, with a 70% growth forecast for fiscal 2028. Shares rose 6% despite a gross margin decline to 71% by Q4. AMD and Intel gained 1% on AI demand optimism. SOXX ETF up 2%, QQQ up 0.8%.

Nvidia (NVDA) surged 7.4% in premarket trading after forecasting 70% revenue growth by 2028, boosting tech sector futures. S&P 500 and Nasdaq futures rose 0.5% and 1.1%, respectively. Other tech stocks like MRVL (+5.2%), INTC (+2%), and AMD (+1%) also gained. Software companies CRWD (+9%), NTNX (+5%), OKTA (+17%), and CRM (+10%) rose on strong forecasts. DG (+13%) gained on better sales, while DLTR (-4%) fell on weak guidance. WEN (-14%) dropped after a report on no private bid plans. Macroecono

INTC, AVGO, and AMD shares rose in premarket trading, following Nvidia's strong Q2 results with revenue of $96.2B. Broadcom is expected to report Q3 revenue of $29.43B on Sept. 2. Retail sentiment was bullish for INTC and AVGO, bearish for AMD. Pelosi disclosed Intel stakes, and ARK Investment adjusted holdings in AVGO and AMD.