Micron Technology’s data center SSD revenue now accounts for more than 70% of its NAND flash revenue. Enterprise SSD demand is expected to grow by more than 80% this year. An analyst reiterated a Buy rating on Micron with a $1,500 price target, implying about 41% upside from current levels.

Zscaler reported 25% year-on-year revenue growth, beating guidance and nearing GAAP profitability. Management said it is targeting $10 billion in ARR by FY31, implying a mid-teens CAGR and 27%–30% non-GAAP operating margins. The stock trades at 42x earnings and 8.5x sales, leaving less room for valuation upside but still pointing to potential double-digit returns.

Nvidia lowered its FY28 gross margin guidance to 72%-73%, down from the companywide 75% reported in Q2 FY27. Some analysts expect meaningful mass production ramp-up for the Rubin chip to be delayed into 2027. Management expects Rubin to account for only about 20% of Q3 data center revenue.

Tesla delivered 486,500 electric vehicles in the third quarter of 2024. The result beat market expectations by about 24,000 vehicles. Tesla shares rose 5% on Friday following the delivery report.

AMD said on September 28 it will acquire World Labs in an $8.2 billion all-stock deal. The company aims to strengthen its capabilities in artificial intelligence model research. The transaction is also viewed as a key move to secure AI talent as AMD pushes development of next-generation AI technologies.

Amazon’s AWS revenue rose 36.7% year over year, supported by a $496 billion backlog that offers strong visibility into future cloud and AI demand. Advertising revenue increased 26% to $19.8 billion, while North America retail margins climbed to 7.9%. The company plans roughly $220 billion of capital spending in 2026, which could pressure cash flow in the near term even as profit expansion absorbs the valuation impact.

Micron Technology’s Q4 FY26 results showed sharp increases in DRAM and NAND prices, with margins surging as supply-demand conditions tightened. The company has already secured more than 35% of its projected 2030 revenue through long-term agreements that include pricing bands and customer cash prepayments, extending revenue visibility. Despite a forward P/E as low as 5.5x, investors still need to watch AI capital-spending trends after 2028 and broader cycle risks.

In its fourth-quarter update released on Oct 2, 2026, Accenture’s management projected fiscal 2027 revenue growth of 3% to 6%. The company also set an operating margin target of 15.9% to 16.1%. Accenture said it plans to invest $5B in acquisitions to support long-term growth.

Cloud infrastructure provider Nebius is expanding AI computing capacity quickly by leasing sites, with 12 of its 16 locations rented, sidestepping the conversion costs and multiyear buildouts faced by some rivals. GPU rental prices are up about 20% this month, and short-term auctions are clearing well above long-term contract pricing. The company reported Q2 revenue up 454% year over year to $582M, outpacing a 251% rise in costs, though it remains loss-making due to depreciation and heavy capital spending.