Overview

• Nvidia shares touched record levels this week, with D.A. Davidson upgrading the stock to Buy on expectations of durable AI compute demand.
• Oracle reported remaining performance obligations of $455 billion, up 359% year over year after adding $317 billion during the quarter.
• Management projected Oracle Cloud Infrastructure revenue of $18 billion in fiscal 2026 and outlined a path to $144 billion by 2030.
• Broadcom disclosed a new $10 billion customer order and accelerating custom AI chip revenue, signaling intensifying competition in inference.
• Wall Street forecasts hyperscaler capital expenditures nearing $500 billion by 2026, reinforcing a multiyear buildout of GPUs and AI data centers.