NVIDIA 15% price hike reshapes Indian IT investment bets

President Trump rejected calls to slow AI development, supporting Nvidia (NVDA) and AMD (AMD), which sell systems used in AI labs. NVDA's Q2 Data Center revenue rose 117% YoY to $89B, while AMD's grew 107% to $6.7B. Both stocks fell on Sept 14 amid industry slowdown concerns.

CoreWeave reported a $626M net loss in Q2, $33.8B debt, and raised its 2026 capital-spending forecast to $35B-$39B. Nebius saw Q2 revenue jump 454% YoY to $582M, with a 50% AI-cloud-adjusted EBITDA margin. Nvidia committed $2B to Nebius, targeting 5GW of systems by 2030. Both companies have significant contracted demand, including deals with Meta and Microsoft.

Nvidia invested $3.5 billion in MediaTek convertible bonds, deepening their 20-year partnership. The collaboration will focus on AI chips, PCs, automotive, and data centers, according to the companies.

Donald Trump called Nvidia CEO Jensen Huang during the All-In Summit, dismissing AI safety concerns as a 'hoax.' Huang agreed, stating AI safety would be ensured. Trump also compared data centers to 'oil for the next 20-25 years.' Nvidia's shares fell 3.4% amid debate over AI development pace and safety. King Charles will host AI leaders, including Nvidia, to discuss governance principles.

Samsung participated in a $231 million funding round for Dutch AI chipmaker Euclyd, which is developing an alternative to Nvidia's GPUs. The startup aims to launch its systems by 2028, targeting enterprise customers and companies developing their own chips. Euclyd claims its systems will reduce energy needs and costs for AI data centers.

AI stocks fell Monday after leaders like Anthropic's CEO Dario Amodei and OpenAI's Sam Altman called for slowing AI development. Nvidia, AMD, and Intel shares dropped 3%, 4%, and 6% respectively. OpenAI may delay its IPO, causing SoftBank Group's shares to drop 11%. Anthropic reported $11.5B in Q2 revenue. Analysts suggest a pause may not significantly slow growth.