NVE (NVEC) reported fiscal first-quarter 2027 revenue of $11.0 million, up 81% year over year, and net income of $6.39 million, up 79%. Gross margin increased to 81.3%. The company said it has completed a multiyear capacity expansion and has begun mass production of new MRI-safe wafer-level sensors, targeting robotics, AIoT and high-end medical devices. Management said the sales increase was driven mainly by existing customers adopting newer products and by new-customer wins, while the rise in accounts receivable reflected a late-quarter shipment concentration and has largely been collected.

Intel Foundry said cybersecurity company Fortinet will be its first publicly named external customer, using the Intel 4 process to manufacture Fortinet’s next-generation SP6 security chip. Intel shares rose more than 8% on the day of the announcement, though the deal does not involve the 14A or 18A advanced nodes and external foundry revenue accounts for about 1.3% of total company revenue. The news came two days before Intel’s Q2 earnings release, with investors focused on whether outside foundry revenue is gaining traction and whether profitability is improving.

Starbucks is set to report fiscal 2026 third-quarter results after the close on July 29. Over the past two quarters, global and U.S. comparable-store sales have accelerated to +6.2% and +7.1% in Q2, alongside a rebound in transactions, wider operating margins, and sharply higher EPS year over year. The company has raised its full-year guidance for comparable-store sales and earnings, while the stock trades near a 52-week high at an elevated valuation as investors look to the next report to confirm the turnaround’s durability.

Netflix reported Q2 2026 revenue of $12.6 billion, up 13% year over year and in line with management expectations. Operating income came in at $4.2 billion and EPS was $0.80, both slightly ahead of expectations. Revenue growth has slowed for three straight quarters, and the company’s Q3 outlook points to further cooling to about 12%. The stock fell about 7% to $68.95, near its 52-week low, while Netflix reaffirmed full-year revenue guidance of $51.0 billion to $51.4 billion and maintained a 31.5% operating margin target.

Micron reported fiscal-quarter revenue of $41.5 billion, more than quadrupling from a year earlier, while its data center memory business generated $25.3 billion and non-GAAP gross margin rose to 84.9%. The company guided for about $50 billion in fiscal fourth-quarter revenue and adjusted EPS of about $31. Even after the record results, the stock remains about 30% below its 52-week high, reflecting investor concerns that the memory cycle may be nearing a peak despite no weakness in the company’s reported numbers.

As AI clusters expand to tens or even hundreds of thousands of processors, traditional copper interconnects are running into physical limits inside data centers. Silicon photonics is increasingly positioned as the upgrade path, with the optical transceiver market projected to jump about 60% in a single year to roughly $26 billion in 2026. Coherent has deepened its silicon photonics partnership with Nvidia, while Lumentum is expanding capacity as demand outpaces supply. Both companies supply key lasers, transceivers and photonic components that stand to benefit from the shift to optical links.

Netflix reported Q2 2026 revenue of $12.6 billion, up 13% year over year, but cut its Q3 growth forecast to 11.7%, marking a third straight quarter of deceleration. The outlook shift sent the stock down about 9% in after-hours trading. The company also said it repurchased $4.7 billion of shares in Q2, a quarterly record, and expects advertising revenue to reach about $3 billion, roughly 6% of full-year revenue.

Berkshire Hathaway sharply increased its Alphabet stake in the first quarter of 2026 after Greg Abel took over as CEO and later joined a $10 billion private placement in June, bringing its total outlay to more than $20 billion. The purchases made Alphabet Berkshire’s seventh-largest equity holding. The article points to Alphabet’s cloud momentum as a key driver, including a backlog of more than $460 billion and cloud operating income that roughly tripled year over year. The buying has reinforced market confidence in Alphabet’s fundamentals and its ability to monetize AI.

Alphabet said it plans to raise $80 billion in equity capital to fund aggressive spending on artificial intelligence infrastructure, with Nvidia GPUs positioned as a core part of its accelerator lineup. The company has increased investment in internally developed custom AI chips, but management signaled it still relies heavily on Nvidia hardware in the near term. The article adds that Microsoft, Amazon, Tesla and Space Exploration Technologies are also key Nvidia customers, reinforcing an upswing in AI compute capital spending across major companies. No specific orders or execution timing were disclosed, framing the move as an announced strategic intent rather than an immediate action.