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BIZARRE: 11 - What They Never Told You

Nvidia nears $12.9 billion deal to buy open-source AI platform, Hugging Face, report says

The AI chip giant is in advanced talks to acquire the open-source AI hub, a move that would help to cement its grip on the open-source AI ecosystem.

Fortune

Nvidia’s share price jumps by 7% overnight – here’s why

IN FULL

The Independent UK

Nvidia says it would be making a whole lot more money if it weren't for the memory crisis it's contributing to

And gaming doesn't even get a mention in its earnings call.

PC Gamer

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Nasdaq Futures Rally on Blowout Nvidia Earnings, Fed’s Jackson Hole Summit in Focus

September Nasdaq 100 E-Mini futures (NQU26) are up +1.06% this morning as stellar results and guidance from Nvidia revived enthusiasm for the AI trade.

Barchart

Resurrected RTX 3060 12GB price jumps 45% in the two months since it was revived — 2021-era GPU now costs nearly $500 across most retailers

The RTX 3060 12GB was revived to offer consumers a budget GPU with a relatively large VRAM pool, but it has succumbed to the same fate as every other SKU like it. Launched at around $330, most variants now cost close to $500.

Tom’s Hardware

World’s most valuable stock Nvidia gains $370bn overnight as AI demand grows

The chipmaker’s shares are up more than 7 per cent in pre-market trading

The Independent UK

Business Brief (Aug. 27): China to Accelerate Emerging Industries

Anthropic reportedly targets a record-breaking IPO; OpenAI showcases self-developed inference chips to rival Nvidia

Caixin Global

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Meta's $18 billion settlement won't be enough to escape its trust problem

Also: All the news and watercooler chat from Fortune.

Fortune

Global Market: European shares steady as Nvidia boost offsets consumer, auto weakness

European shares were largely flat as gains in technology stocks, fuelled by Nvidia’s upbeat revenue outlook, offset declines in consumer goods, chemicals and automobile stocks. Investors also tracked Middle East developments and falling oil prices, with hopes of progress in talks involving Iran and Qatar potentially easing concerns over energy…

The Economic Times

Nvidia stock up 7.63% overnight after blockbuster earnings call: ‘I think the whole market was like, ‘Whoa,’ analyst says

Everything you need to know before you reach the office this morning.

Fortune

Nvidia revenue tops $96 billion as memory commitments soar to $160 billion — CEO Jensen Huang says AI 'has reached its inflection point'

Nvidia's Q2 FY2027 revenue tops $96 billion as the company commits to buy up to $160 billion worth of memory, increasing its total commitments to $279 billion ahead of a major demand bump.

Tom’s Hardware

Nvidia wants to buy Hugging Face in $13 billion blockbuster AI deal

Reports are circulating that Nvidia could be set to acquire Hugging Face in a $12.9 billion takeover.

TechRadar

The MSI Crosshair 16 HX proves an old CPU can learn new tricks

A laptop featuring one of the best IPS screens we’ve seen

Creative Bloq

Nvidia rises after signaling longer AI spending runway

The world's most valuable company projected 70% revenue growth next fiscal year and forecast current-quarter sales above Wall Street estimates, signaling that the AI spending boom remains intact.

The Economic Times

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The Economic Times

Bitcoin consolidates at $79,000 as profit-taking and consolidation keep market cautious. Here's what experts say

Bitcoin held near $79,000 on Thursday as profit-taking and consolidation kept traders cautious following its recent recovery. Analysts said the cryptocurrency remains in a constructive setup, with $77,500-$78,000 acting as key support and $80,000-$82,850 as resistance. Traders are also watching Jackson Hole commentary and upcoming US inflation data.

International Business Times UK

Nvidia Makes $96 Billion in Three Months as Jensen Huang Says AI Boom Is Only Getting Started

Nvidia's quarterly revenue surged to $96.2 billion, driven by AI demand, marking a 106% increase from last year. The company anticipates continued growth, predicting its first $100 billion quarter

The Guardian - UK

Trump administration reportedly considering ‘new round of sweeping tariffs on semiconductors’ – as it happened

Tech companies warn that move could jeopardise US hopes of dominating AI

Fortune

Hong Kong’s Votee AI is taking on English and Mandarin’s AI dominance with a Cantonese model

Votee is one of a growing number of companies that are trying to tackle AI’s neglect of "low-resource" languages.

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news in one place.

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The Economic Times

Hitachi Energy India, GE Vernova, other power capex stocks rise up to 5%. Two reasons behind the surge

Power capex stocks such as Hitachi Energy India, GE Vernova, TD Power and CG Power witnessed an uptick on Thursday, tracking Nvidia’s strong data-centre growth and bullish revenue outlook. Expectations of sustained AI infrastructure spending boosted sentiment, while US restrictions on Chinese power equipment added to optimism over demand for…

The Economic Times

Global Market: China stocks rise as Nvidia outlook boosts AI and hardware shares

China’s mainland stocks rose on Thursday, led by AI, semiconductor and hardware companies after Nvidia delivered an upbeat revenue outlook, reinforcing expectations of strong AI infrastructure demand. The CSI300 and Shanghai Composite gained, while Hong Kong shares traded lower. Gold miners and non-ferrous metal stocks also extended their recent rally.

Fortune

Nvidia CEO Jensen Huang eats dinner with someone ‘and their stock price doubles the next day’

People want to know where the CEO is dining, and more importantly, who he's with.

The Independent UK

Asian stocks are mixed after Wall Street losses following economic updates

Asian stocks are mixed after a retreat on Wall Street following the latest round of updates on U.S. inflation and economic growth

The Economic Times

Global Market: Japan’s Nikkei reverses gains as Advantest shares drag

Japan’s Nikkei slipped 0.14% as Advantest and SoftBank declined, despite Nvidia’s strong AI outlook. The Topix gained 0.19% as investors rotated towards value stocks. Financial shares advanced, while Fujikura and Kioxia gained. Market sentiment remained cautious toward chip stocks following their sharp gains earlier this year.

The Economic Times

Global Market: Kospi gains over 1% as Nvidia outlook lifts chipmakers

South Korean shares rose, led by chipmakers after Nvidia forecast strong AI-driven revenue growth. The KOSPI gained 1.22%, while Samsung Electronics and SK Hynix advanced. The Bank of Korea raised rates by 25 basis points to 3% and upgraded its 2026 growth forecast to 3.3%, keeping investors focused on future…

The Economic Times

Nvidia investors beware: Firm flags 2 risks after better-than-expected Q2 earnings

Nvidia’s AI boom remains strong, but rising memory costs and growing debt are emerging as key risks. The chipmaker expects gross margins to bottom at 71–72% in Q4 FY27, while rising debt could pressure its financial condition and cash flows.

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