Wednesday, November 4, 2026 · 12:15 AM ET
Earnings · WSJ
AMD reported $13.4B in Q3 revenue, topping the $13.1B analysts expected, as it pivots toward a data-center-first company, though its OpenAI chip deal weighed on net income. Shares rose after the results and an upbeat forecast underscored strong AI chip demand.
Earnings · Bloomberg
Super Micro forecast current-quarter revenue of $19.5B–$21.5B, far above the $16.5B analysts expected, and raised its annual outlook on sustained demand for its AI-chip-packed servers. Adjusted profit is seen at $1.66–$1.90 a share versus the $1.08 Wall Street projected.
Markets · The Information
Shares of Synopsys and Cadence fell as much as 4% after The Information reported Anthropic is using its own Claude models for chip design, stoking fears that AI labs could eventually sell tools that compete with the EDA leaders. Cadence closed down 1.75% and Synopsys ended roughly flat as the losses pared.
Funding · Bloomberg
Fal, which hosts image, video and audio AI models for developers, doubled its valuation to $16B in a $1.3B round led by existing investor Bessemer Venture Partners, with Nvidia, Sound Ventures and T. Rowe Price also participating. The startup raised the large sum to add compute after a demand surge forced it to rate-limit customers over the summer.
AI · Bloomberg
Chinese AI and cloud firms including Alibaba, Tencent and ByteDance have ordered roughly 6 million of Nvidia's RTX Pro 5500 chips but expect to receive only about 1% — tens of thousands — over the next four months, as Nvidia struggles to ramp production to meet soaring demand.
IPO · Bloomberg
Semight Instruments, a Suzhou-based maker of semiconductor test instruments, has picked Citic Securities, Goldman Sachs and JPMorgan to prepare a Hong Kong listing that could take place next year and raise more than $1 billion.