Articles by Dennis Singleton
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Amazon (AMZN) is working to fully automate its delivery stations, internal documents show
Internal documents reviewed by Business Insider describe Project Tetromino, an Amazon effort to fully automate delivery stations, the last manual stop before drivers. Amazon calls the figures inaccurate.
SpaceX (SPCX) and Nvidia (NVDA) aim to launch AI data centers into orbit in 2027
SpaceXAI is putting Nvidia's new Vera CPU behind Grok and says a space-optimized Vera Rubin NVL72 will reach orbit by late 2027. Here is what's confirmed and what's still a projection, for SPCX and NVDA.
USA Rare Earth (USAR) slid even as Washington finished a $1.55 billion Serra Verde deal
Washington increased its Serra Verde rare-earth offtake to $1.55 billion, including the first guaranteed price floors on dysprosium and terbium. USA Rare Earth (USAR) fell about 6% ahead of an August 28 shareholder vote.
Countries are buying AI compute like oil reserves. Nvidia says it's already a $30 billion business.
Governments are buying AI compute as national infrastructure, and specialized neoclouds are renting out GPUs at scale, but the two overlap more than the headline numbers suggest. What it means for Nvidia, Oracle, CoreWeave, Nebius and IREN.
The densest AI racks need liquid cooling. Vertiv (VRT), nVent (NVT) and Modine (MOD) sell the infrastructure.
Vertiv, nVent and Modine all sell into the AI liquid-cooling shift, but their growth, margins and customer concentration are not the same. A sourced, company-by-company comparison.
Nvidia (NVDA) fell six straight days. Earnings will test the $775 billion AI spending boom.
Nvidia enters its Aug. 26 earnings report on a six-session losing streak, its longest since 2022. It has beaten EPS estimates for 14 quarters straight, and the stock still fell the next day six of the last eight times.
Meta (META) gets $855 price target despite a 91% free cash flow drop
Meta (META) raised its 2026 AI capex guidance to $130-145 billion and free cash flow fell 91% last quarter to $784 million. BNP Paribas and Erste Group both still rate the stock a buy, betting the spending turns into ad and cloud revenue.
Applied Optoelectronics (AAOI) filed to sell another $600 million of stock. It has already sold $1.1 billion of shares since March.
Applied Optoelectronics filed an equity distribution agreement after Friday's close to sell up to $600 million of common stock through Raymond James and Needham. It is the company's third such program of 2026. The first two sold about 8.1 million shares for $1.1 billion between March and August. The stock traded near $112 in the post-market, down about 10% from the close.
Memory chip prices are soaring. So why are Micron (MU), SanDisk (SNDK) and SK Hynix (SKHY) falling?
Korea's chip exports nearly tripled in the first 20 days of August and its semiconductor export price index has quadrupled since 2023. Micron, SanDisk, SK Hynix, Samsung and Kioxia all peaked within one week in June and have fallen 21% to 51% since.
Anthropic could file for its IPO within days. Investors are discussing $2 trillion, twice the valuation it set in May.
Bloomberg reported on Aug. 20, 2026, that Anthropic may make its IPO filing public by the end of August. The company is considering an offering large enough to equal or top the record raise set by SpaceX (SPCX). For a potential October market debut, investors have floated a $2 trillion valuation, more than double the $965 billion figure Anthropic established in May.
Digi Power X (DGXX) CEO bought $72,000 of stock at $3.60, a day before shares jumped 9.5%
Michel Amar bought 20,000 Digi Power X shares for $72,000 on Aug. 19, the same week the stock fell 13% after earnings. No 10b5-1 box was checked. DGXX's last print the next day was up 9.5%.
Broadcom (AVGO) is reportedly seeking more than $60 billion for a single AI deal
Broadcom is reportedly seeking more than $60 billion in debt, including lenders Blackstone and Apollo, for an AI infrastructure deal that would benefit Anthropic, Bloomberg reports.
LivePerson's (LPSN) SoundHound (SOUN) deal has 97% support. So why was the vote delayed?
LivePerson's special meeting was gaveled open and immediately adjourned. More than 97% of votes cast backed the SoundHound deal, but not enough shares voted at all.
CoreWeave (CRWV) signed a multibillion-dollar AI cloud deal with Hudson River Trading, but neither company disclosed the terms.
CoreWeave signed a multi-year deal with Hudson River Trading to power the quant trading firm's AI research on Nvidia Vera Rubin NVL72 and HGX B200 systems. Neither company disclosed a dollar figure. It's CoreWeave's latest large infrastructure deal after a $21 billion Meta contract and a $104 billion revenue backlog.
Nvidia's three biggest customers are 54% of its revenue. Lucent's biggest was 15% before the last bubble burst.
Nvidia's quarterly filing shows three direct customers at 21, 17 and 16 percent of revenue. Lucent disclosed only one customer above 10 percent, AT&T, which peaked at 15 percent before a collapse that cost it $16.1 billion in a single year. The scale of today's exposure is larger, but the accounting that actually destroyed Lucent is absent from Nvidia's guarantee.
Marvell (MRVL) jumps 13% after giving Google a warrant worth up to $12.2 billion in new AI chip deal
Marvell signed a custom AI chip deal with Google and issued a warrant for up to 58.97 million shares at $206.58 each, worth about $12.2 billion. MRVL jumped as much as 13%, while Broadcom and other AI chip suppliers fell.
Nebius (NBIS) is selling $4.5 billion of convertible notes, and the stock dropped about 9% on the news
Nebius announced a $4.5 billion convertible notes offering split between 2030 and 2034 maturities, plus exchanges of its existing 2029 and 2031 notes for new shares. NBIS shares fell about 9% Wednesday on the dilution risk.
Four states now publish how much announced data center demand they actually expect. All four throw out most of it.
Between December 2025 and August 2026, utilities and grid operators in four states each published their own count of how much announced data center demand they expect to serve. Seven filings, no shared method, and every one of them removes most of what it was asked for. None of the figures are new; the pattern across them is.
Pennsylvania will not permit a data center until the town says yes. The state has fully permitted five of more than 100 proposed projects.
Governor Josh Shapiro signed an executive order on Aug. 18 barring Pennsylvania's DEP from issuing a data center permit before the project secures local approval. The state's own count puts more than 100 projects in public databases, 15 with permit applications filed, and five holding every permit needed for a first phase.
For the first time, more money is going into running AI than building it. What that means for Nvidia (NVDA), Broadcom (AVGO), Marvell (MRVL) and AMD
Inference, running AI models, now costs more than training them, and that rewards custom chips and memory over raw GPUs. Here's what it means for Nvidia, Broadcom, Marvell, AMD and Micron.
Twenty hedge funds disclosed $35 billion of SpaceX (SPCX). D1 Capital put 62% of its portfolio into it
D1 Capital put 62% of its portfolio into SpaceX. Glade Brook put 99%. Across 20 funds the disclosed total reached $35.43 billion.
Nokia (NOK) is cutting 1,600 jobs and closing its main China R&D hub, with reports of a near-total mainland exit by year end
Nokia is closing its Hangzhou research center and cutting about 1,600 jobs, and the South China Morning Post reports it plans to shut almost all of its mainland China sites by the end of 2026. Its China revenue has fallen more than 58% since 2018.
An AI model trains across 100,000 chips that all have to talk at once. The stocks that wire them: Arista (ANET), Broadcom (AVGO), Coherent (COHR) and Astera Labs (ALAB)
Tens of thousands of GPUs have to act like one machine, and the network that connects them is a fast-growing slice of every AI buildout. Here's what Arista, Broadcom, Marvell, the optics makers and Astera Labs each do.
KEEL's CEO and COO just bought $296,000 of stock after an ugly quarter
Keel Infrastructure CEO Ben Gagnon and COO Liam Wilson bought about $296,000 of KEEL stock in the days after the company reported a 50% revenue drop. Neither purchase ran on a 10b5-1 plan.