WS #14010
LITE and COHR report record AI optics demand, Nvidia launches $500B third-party financing, and AMD plans $5B bond sale, all validating the AI capex supercycle. July PPI came in cooler than expected at +4.7% y/y, reinforcing the disinflation trend and cutting September Fed rate hike odds to ~35%. Anthropic's early IPO meetings are high-level without valuation discussions, but investors expect a $2T+ valuation, potentially the largest IPO ever. Cisco drops ~10% on disappointing AI revenue outlook, and Cerebras falls 14% on revenue miss, tempering the AI rally.
AI Infrastructure Buildout
LITE and COHR report record AI optics demand, Nvidia launches $500B third-party financing, and AMD plans $5B bond sale, all validating the AI capex supercycle.
July PPI came in cooler than expected at +4.7% y/y, reinforcing the disinflation trend and cutting September Fed rate hike odds to ~35%.
Anthropic's early IPO meetings are high-level without valuation discussions, but investors expect a $2T+ valuation, potentially the largest IPO ever.
Cisco drops ~10% on disappointing AI revenue outlook, and Cerebras falls 14% on revenue miss, tempering the AI rally.