Saturday, October 3, 2026 · 12:22 AM ET
Chips · Bloomberg
Nvidia shares hit a record for the first time since May, rising about 3% as investors piled back into the stock following a two-month selloff that had wiped more than $1 trillion off its value. The rebound — a nearly 25% rally off the late-July low — pushed the world's most valuable public company toward a $6 trillion market capitalization.
Autos & EVs · WSJ
Tesla's third-quarter electric-vehicle deliveries fell about 2% year over year as the broader U.S. EV market slowed and the company pivoted further toward robotaxis and AI. The stock still rose sharply on the day despite the softer delivery figures.
Data Centers · Bloomberg
Amazon committed more than $1 billion over five years to communities near its data centers, as AWS chief Matt Garman published a 3,100-word essay defending the buildout and likening it to the US interstate highway system. Amazon is spending roughly $220 billion in capital expenditures this year, mostly on data centers.
Data Centers · Bloomberg
Alibaba has held preliminary talks with Spanish clean-energy producer Solaria to supply power for a data center in Spain, with a plant near Puertollano south of Madrid under consideration. The discussions point to the Chinese tech giant's expanding AI-infrastructure footprint in Europe.
Analyst Calls · Bloomberg
Jefferies analyst James Heaney cut Roblox to underperform from hold, arguing the stock's recent rally — more than 40% from late July through late September — has run ahead of what is likely to be a slower recovery in bookings growth.
Chips · Bloomberg
Broadcom's Wall Street syndicate — including Blackstone and major banks — is gathering $60 billion of fresh AI chip financing to benefit Anthropic and other customers. The package includes a planned $42 billion Class A senior-secured tranche, with syndication letters set to go out for a deal that has yet to be formally announced.
Data Centers · Bloomberg
Amazon is exploring a deal to shift about $8 billion of top-end Nvidia Grace Blackwell chips off its balance sheet into a special-purpose vehicle funded by outside investors, according to the Financial Times. The asset-light structure would let Amazon keep using the hardware while the vehicle issues debt and sells up to a 10% equity stake.
Data Centers · FT
Japan is backing a roughly $140 billion AI data-center buildout, with Dell and power utility JERA kicking it off with an initial ~$15 billion project. The planned 400-megawatt data center near Tokyo would be among Asia's largest outside China, underscoring the scale of national AI-infrastructure spending.
Chips · FT
Tencent struck a roughly $7 billion, five-year deal to lease about 100,000 advanced AI chips from Oracle, gaining access to Oracle's Southeast Asia data centers. The arrangement routes the WeChat owner's AI compute buildout offshore amid the race with ByteDance and Alibaba and US export curbs.
AI Infrastructure · The Information
Debt financing tied to AI data centers has ballooned into its own asset class, with credit analysts now splitting AI-linked from non-AI debt and asset managers filing for AI-infrastructure debt ETFs. Parts of the category are already underperforming, a warning sign as issuance keeps climbing.
Storage · WSJ
Shares of Seagate and Western Digital each fell about 10% following a report that rival Toshiba plans to double its production of high-capacity hard drives for AI data centers. The expansion threatens the tight drive supply both companies had credited for their pricing power, raising the prospect of price cuts and thinner margins across the storage sector.
AI Infrastructure · FT
CME Group is preparing to introduce a new commodity contract that would let companies hedge swings in the price of renting AI chips and cloud compute. The move would turn AI computing capacity into a tradable, financially hedgeable resource as demand and pricing for GPU time grow increasingly volatile.