AI news, scored for the stocks it moves.
The ElecFunding
Mikelorobotics secured over 20 customers in automotive, power generation, shipbuilding, and defense, targeting 3 billion won in revenue this year. Its core products include Michelo Motion, Michelo Path Generation, and Michelo VisCo, with 2024 revenue reaching 1.26 billion won.
The InformationEarnings
Vercel reported $600 million in annualized revenue, up 148% from a year earlier, driven by AI coding agents that now make up half of its new business. The company competes with Netlify, Cloudflare, and OpenRouter, and shifted to a usage-based pricing model.
The InformationEarnings
Memory maker Micron said revenue nearly quintupled to $54.2 billion in the quarter ending Sept.3, as demand for high-bandwidth memory hardware for AI chips showed no sign of slowing down. Micron’s gross margin nearly doubled to $86.8%, thanks to its price hikes, allowing it to generate an ...
The Next PlatformInfrastructure
Ethernet switch revenues grew 43.4% to $18.91 billion in Q2 2026, driven by GenAI demand, with datacenter revenues up 64.5% to $12.3 billion. Nvidia's Ethernet revenue surged 2.8X to $3.86 billion, while 800 Gb/sec switch ports rose 54.3 million in Q2.
The Next PlatformEarnings
Oracle reported record revenue of $19.18 billion, with cloud infrastructure sales rising 61.5% to $11.61 billion, driven by a $6.5 billion increase in CPU and GPU capacity sales. The company added 850 megawatts of infrastructure capacity, 3X more than in the previous quarter.
The Next PlatformEarnings
Broadcom's AI-related chip sales are forecast to grow from $2.6 billion to $230 billion by 2028. Anthropic plans to deploy 10 gigawatts of TPUs by 2028, making it Broadcom's largest XPU customer.
The Next PlatformEarnings
HPE reported $12.21 billion in Q3 2026 revenue, up 33.7% year-on-year, with AI server revenue reaching $1.6 billion. HPE secured a $3.5 billion deal with an unnamed hyperscaler for AI inferencing infrastructure.
AMD Press ReleasesEarnings
AMD reported Q2 2026 revenue of $11.5 billion, with Data Center revenue up 107% to $6.7 billion. The company launched the AMD Helios rackscale solution and Instinct MI400 Series GPUs, and partnered with Anthropic and Microsoft for AI deployments.