Beth Kindig

AMD $AMD says that its upcoming Helios rack featuring its MI445X GPUs delivers up to 30% more tokens per dollar than Nvidia’s $NVDA Vera Rubin NVL72 on Kimi K2 Thinking workloads.

Palantir $PLTR reported $1.94 billion in revenue in Q2, marking an acceleration to 92.8% YoY growth, 80 points faster than its growth from three years ago. Q3 revenue was guided to be $2.16-$2.164 billion, up 83.1% YoY. https://t.co/vhaBlO5LJy

Palantir $PLTR reported $764 million in US Commercial revenue in Q2, reaccelerating to 149% YoY and 28% QoQ, from 133% YoY and 18% QoQ in Q1. https://t.co/ZpI8I7lbL5

BlackRock completed a $12.5B bond financing for a Meta-backed data center, with the 20-year note due in 2048 sold at a 2.875% yield. Under the financing, Meta owns 20% stake in the data center and is responsible for construction cost overruns over a certain threshold. $META $MSFT $AMZN $GOOG

NAND revenue is expected to reach $360 billion this year, up 400% versus 2025 driven by pricing power, per Omdia. $MU $NVDA $SNDK

AMD CEO Lisa Su believes the total computing market will reach $2 trillion by 2030, with $1.4 trillion from AI accelerators and $220 billion from server CPUs. $AMD $NVDA $AVGO

Amazon: “Graviton revenue commitments have increased nearly 3x quarter-over-quarter, and Graviton5 is growing nearly 2x faster than Graviton4 did.” $AMZN $NVDA $GOOG $META

OpenAI is said to be in discussions with Nvidia about an up to $250 billion backstop to help it raise debt for a 10GW data center campus in Ohio, covering the lease and construction debt, not the $NVDA GPUs inside. $MSFT $GOOG $AMZN $ORCL

AMD signed a deal with Core Scientific for 530MW of AI data center capacity across five sites, with initial delivery in 2027 and full delivery expected by the end of 2028, with the potential to scale to 2.5GW over time. The deal is said to be worth more than $14 billion. $AMD $NVDA $CORZ

Aggregate annual token processing is no longer measured in billions or trillions of tokens, but in the quadrillions and quintillions. One key networking market is now expected to grow from $100M in 2025 to $39B by 2030 - a 390X increase in five years. Our latest analysis examines the additional beneficiaries of the token usage boom. https://t.co/eVY0vi1BAA $NVDA $GOOG $AMZN

TSMC's $TSM CoWoS capacity is expected to grow from 675K wafers in 2025 to 1.275M in 2026 and 2.31M in 2027. The 2027 forecast represents a significant upward revision from the previous estimate of 1.74M, reflecting accelerating AI-driven demand. https://t.co/GPFTeduVRe

In Q1, $AMZN’s AWS saw its fastest growth in 15 quarters, while AWS for AI achieved $15 billion in ARR, rising 260X versus $58 million when this unit launched three years ago. $GOOG $MSFT

Google has seen AI token consumption rise 330X in two years, while some of the more bullish forecasts project a 70X increase in token consumption by 2030 – and that 70X figure already appears too low. Here’s why⬇️ https://t.co/urSDxMjuD0 $GOOG $NVDA

Goldman Sachs expects monthly token processing to rise from 1.7Q in 2025 to 120Q by 2030 - a 70X increase - with agentic AI driving more than 80% of demand. My analysis hitting inboxes Friday reveals why the 70X increase may still be too low. Link in bio. $NVDA $GOOG $MSFT

Microsoft $MSFT stated that Azure revenue surpassed $100 billion for the first time, while Azure growth accelerated to 43% YoY in FQ4, up from 40% in FQ3. $GOOG $AMZN

Capex growth significantly exceeds cash flow growth for Big Tech, with $GOOG reporting the highest capex growth at 107%, followed by $MSFT at 84%, $AMZN at 79%, and $META at 45%. Operating cash flow growth ranged from 26% to 53%, highlighting the widening gap between AI infrastructure spending and cash generation.

The chart below shows TTM cash from financing across Big Tech companies. Amazon leads with $62.48 billion, followed by Google at $7.89 billion, while Meta and Microsoft recorded financing outflows of $7.34 billion and $51.61 billion, respectively. $AMZN $GOOG $MSFT $META https://t.co/k8yAOFL8eg

The chart below compares quarterly cloud revenue growth from Q2 2025 to Q1 2026, with Google Cloud accelerating to 63% growth in Q1 2026, outperforming Azure (39%) and AWS (28%). $GOOG $MSFT $AMZN https://t.co/SULuLhEZp0

If Meta's Advantage+ ARR grows 1.5X in nine months from October 2025 to July 2026, its run rate would reach $90 billion – meaning it is very possible that $META is still second only to Nvidia $NVDA on AI revenue. My original analysis from 6 mos ago is below ⬇️

TSMC's $TSM advanced-node expansion roadmap includes N5-to-N3 capacity conversions within 6–12 months, N3 volume production in Taiwan (H1 2027), Arizona (H2 2027), and Japan (2028). Additional N2 and below capacity is planned for Arizona and Taiwan beyond 2028, supporting the company's next phase of advanced semiconductor manufacturing growth. $NVDA $AMD $AVGO

"You cannot put a gas turbine in the middle of Manhattan" - $BE CEO KR Sridhar

Global semiconductor revenue rose 24% QoQ to $394 billion in Q2, per Omdia, with memory remaining one of the key growth drivers. $NVDA $AMD $AVGO $MU

Intel expects its 14A process to enter risk production for internal products in 2H 2027, a year earlier than planned, with high volume manufacturing expected in 2028, also a year ahead of expectations. $INTC $TSM $NVDA $AMD

Nvidia, Google, AMD, and Amazon accounted for roughly 90% of CoWoS demand and 92% of HBM demand, highlighting packaging and memory as key AI chip bottlenecks. $NVDA $GOOG $AMD $AMZN $TSM https://t.co/Pu8I55LWa8

AMD’s $AMD new MI455X GPU offers 40 PFLOPs of FP4 and 20 PFLOPs of FP8 performance, double the MI350 series and nearly matching $NVDA Rubin’s 50 PFLOPs of FP4 and 17.5 PFLOPs of FP8 performance. $AVGO $INTC

Intel and AMD are reportedly signing long-term deals with Chinese clients for server CPUs as prices rise, with most of the deals covering one-year supply, per Reuters. $INTC $AMD $NVDA

TSMC is said to be planning price hikes in 2027 to cover increasing costs for materials, manufacturing equipment and international plant construction, with base price hikes expected to be 5-10% depending on customer and product. $TSM $NVDA $AMD $AVGO

Owning AI’s safest choices like $NVDA or $GOOG comes with opportunity cost, as 2026’s largest winners came from deeper in the AI stack. My new Q3 Top 20 AI Stock report released this week maps out the many lesser-known beneficiaries - subscribe below to access the 90-page report. Access my Q3 Top 20 AI Stock report here: https://t.co/X2qjfofhds

Nvidia signed a multi-year deal with Amkor worth $1.5 billion to expand advanced chip packaging and test capacity in the US, with Nvidia making a prepayment to support the expansion. $NVDA $AMKR $TSM

OpenAI is said to be spending more than $30 billion on a 3.2GW data center in Georgia, with several hundred MW coming online in 2028 and scaling through 2032. $MSFT $AMZN $GOOG $NVDA