The Latest Breaking News from Nvidia

Michael Burry Calls Nvidia’s $500 Billion AI Financing Push a ‘Wall Street Stunt’: ‘Meet the New Boss…'

Famed investor Michael Burry has targeted Nvidia Corp.’s (NASDAQ:NVDA) push to unlock over $500 billion in artificial intelligence infrastructure financing, calling the initiative a “Wall Street stunt” that relies on opaque private credit arrangements.

Benzinga · Aug 12

Nvidia partners with Wall Street giants to raise $500 billion for AI buildout

Nvidia ​signed memorandums of understanding with Apollo, BlackRock, Blackstone, ⁠Brookfield, Goldman Sachs and KKR for the financing ​platforms. Nvidia CEO Jensen Huang said on ‌X that the ⁠company ⁠has the option to backstop up to $125 billion, or 25% of the ​potential deals.

The Economic Times · Aug 12

Foxconn posts quarterly profit surge on AI server demand

The company said net profit for April-June reached NT$59.97 billion ($1.86 billion), up 35% from the previous year. Foxconn, whose official name is Hon Hai Precision Industry, has gone beyond assembling low-margin iPhones to making AI servers for US tech giant Nvidia, along with electric vehicles and robots.

The Economic Times · Aug 12

CoreWeave CEO Michael Intrator cites ‘sold out’ capacity as revenue more than doubles and backlog swells to $104 billion

The neocloud provider said revenue more than doubled in the second quarter, while backlog rose 246% year-over-year to $104.2 billion.

Fortune · Aug 12

CoreWeave Stock Surges Over 18% After Earnings, Analyst Says Old Nvidia GPUs Can 'Still Generate Revenue Nearly a Decade Later' (UPDATED)

Editor’s Note: The story has been refreshed with the latest market price action and a revised headline.

Benzinga · Aug 12

This Mag 7 Dividend Stock Is Trading Near 2026 Highs. Why It's Still a Buy.

Microsoft's dividend yield is the highest among the Magnificent 7 companies. Reasonable valuations and strong momentum in AI monetization make MSFT stock a buy despite the sharp rally from its 2026 lows.

Barchart · Aug 11

Nebius Earnings Preview: Michael Burry Is Short but Prediction Markets See Nvidia, Meta Taking Center Stage

Michael Burry is short Nebius Group N.V. (NASDAQ:NBIS) at $211.77, describing his latest bearish bets as “a bit like shooting fish in a barrel.”

Benzinga · Aug 11

Stocks Still Await Signs of Price Stability: Stock Market Today

Current questions about consumer prices will be answered tomorrow, and then we'll talk about producer prices.

Kiplinger · Aug 11

Stocks Fall Again As U.S.-Iran Deal Remains Elusive. Brent Closes In On $90.

Stocks fell again on Tuesday as prospects of a deal between the U.S. and Iran remain elusive despite optimistic remarks from a top Pakistani official

International Business Times · Aug 11

Nvidia’s Best Customers Have a Reason to Stop Buying So Many Nvidia Chips

Nvidia’s biggest customers are buying more of its chips while spending billions to reduce their dependence, creating a new risk for Nvidia

Barchart · Aug 11