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CoreWeave, Super Micro climb on signs of sustained AI buildout
Reuters4d agoneutral
CoreWeave, Super Micro climb on signs of sustained AI buildout

Shares of CoreWeave and Super Micro Computer climbed premarket on Wednesday after ‌upbeat forecasts from the two AI infrastructure companies ‌reinforced demand expectations for computing capacity. Shares of neocloud provider CoreWeave rose more ​than 18%, with peer Nebius Group rising 10%. Server maker Super Micro's shares climbed nearly 9%.

Bechtle Q2 Earnings Call Highlights
MarketBeat4d agoneutral
Bechtle Q2 Earnings Call Highlights

Bechtle (ETR:BC8) reported double-digit growth across most key metrics in the second quarter and first half of 2026, prompting the IT services provider to raise its full-year outlook despite what management described as continued challenging market conditions. Chief Executive Officer Thomas Olemotz

Foxconn posts quarterly profit surge on AI server demand
AFP4d agobullish
Foxconn posts quarterly profit surge on AI server demand

Taiwanese tech hardware titan Foxconn reported on Wednesday a forecast-busting second quarter net profit, as exploding demand for artificial intelligence servers needed in data centres powered the company's growth.This has turbocharged business for Foxconn, which makes the servers used in the data centres. tpj/amj/fox

Taiwan's Foxconn reports 35% rise in Q2 profit on AI demand, beats forecasts
Reuters4d agobullish
Taiwan's Foxconn reports 35% rise in Q2 profit on AI demand, beats forecasts

Taiwan's Foxconn, the world's largest contract electronics maker, reported on Wednesday a 35% ‌rise in second-quarter profit, beating analyst forecasts, on ‌continued strong demand for AI, which it predicted would drive growth this ​year. Net profit for the April to June period for Nvidia's biggest server maker and Apple's top iPhone assembler was T$59.97 billion ($1.86 billion), versus an LSEG consensus estimate of T$58.8 ‌billion and compared with ⁠T$44.4 billion a year earlier. Foxconn, formally ​called Hon Hai Precision Industry, ‌in July reported a 40% year-on-year jump in second-quarter revenue.

BofA sends strong message on Nvidia's weak spot
TheStreet5d agoneutral
BofA sends strong message on Nvidia's weak spot

Nvidia (NVDA) stock investors have spent months worrying that the relentless AI boom is leaning too heavily on the chipmaker’s own balance sheet. The AI giant sells the GPUs, but it was also investing in clients and supporting financing structures linked to the same ecosystem, scooping up those ...