AI Capital Flows

Data-center demand

• Seven of seven nights collected, and the clearest finding was an absence: data-centre component revenue rose 182% while prices per bit more than doubled and no bit count exists.

  Seven of seven nights collected, and the clearest finding was an absence: data-centre component revenue rose 182% while prices per bit more than doubled and no bit count exists

  Weekly issue · September 14, 2026

• Marvell Q2 FY27 — Revenue Guide Up $1.5 Billion, Market Value Down $22.9 Billion. Read the Incremental Dollar.

  Marvell printed a record quarter and raised twice: revenue $2,739.3M (+37%), data center $2,171.5M (+46%), non-GAAP EPS $0.94, FY27 to ~$12B and FY28 to ~$18B. The stock closed $216.595 against $241.45, down 10.29%

  Earnings · August 28, 2026

• NVDA Q2 FY27 — Revenue Up 18%, Free Cash Flow Down 56%. Read the 15 Extra Days.

  NVIDIA Q2 FY27 read forensically: revenue $96.2B (+18% QoQ, +106% YoY), Data Center $89.0B, non-GAAP EPS $2.22, a $108.0B Q3 guide, and the stock +8.74% the next session

  Earnings · August 27, 2026

• sandisk printed an 84.6% datacenter margin the same week idc showed pcs down 4.9% and phones down as much as 11%. the two memory demand lanes are no longer converging.

  sandisk printed an 84.6% datacenter margin the same week idc showed pcs down 4.9% and phones down as much as 11%. the two memory demand lanes are no longer converging

  Weekly issue · August 10, 2026

• AMD Q2 2026 — Data Center Doubled; the Bar Was Higher

  AMD Q2 2026 earnings deep dive: record revenue $11.5B (+50%), Data Center $6.7B (+107%), a Q3 guide to ~$13B and ~56% gross margin, and an MI450 book backed by OpenAI, Oracle, Meta, and Anthropic — yet the stock sold the double beat on a bar set at perfection

  Earnings · August 4, 2026