Bloom Energy, a U.S. energy company focused on supplying power to AI data centers, reported its financial results for the second quarter of 2026 on July 29. The company said revenue reached $1.065 billion, marking a 165.5% increase from a year earlier, while adjusted earnings per share came in at $0.78. Product revenue rose to $935.4 million from $296.6 million in the same period last year, a gain of 215.4%. Gross margin improved to 33.4% from 26.7%, and non-GAAP gross margin increased to 34.3% from 28.2%. Bloom Energy also reported operating income of $182.2 million, compared with an operating loss of $3.5 million a year earlier. Non-GAAP operating income reached $239.6 million, up by $211 million from $28.6 million in the prior-year period. Cash flow from operating activities was $226.4 million, improving by $439.5 million from net cash used in operating activities of $213.1 million a year earlier.

Intel reported revenue of $16.1 billion for the second quarter of 2026, up 25% year over year and ahead of the $14.42 billion analyst consensus tracked by LSEG. On a non-GAAP basis, the company posted net income of $2.2 billion, or $0.42 per share, compared with a loss a year earlier and above the $0.21 per-share estimate. The standout segment was Data Center and AI, which generated $6.3 billion in revenue, up 59% from a year ago, as CEO Lip-Bu Tan said CPU demand in data centers is "taking off" and running ahead of supply. Intel also said it has signed 10 long-term agreements of that kind while operating under supply constraints. Foundry revenue rose 31% to $5.8 billion, though the unit remained in an operating loss due in part to internal manufacturing activity. Intel also disclosed Fortinet as the first publicly named customer for its foundry business. Looking ahead, the company raised its 2026 capital spending plan to $20 billion from $18 billion and issued third-quarter guidance above Wall Street expectations, including revenue of $15.8 billion to $16.8 billion, non-GAAP EPS of $0.38, and gross margin of about 42%.

Nvidia's FY2026 Q4 results beat estimates with $68.1B revenue; data center revenue hit $62.3B record. Morgan Stanley raised target to $260, RBC to $250; Q1 outlook of $78B far exceeds consensus.

Intel's Q1 2026 earnings trounced expectations, with revenue of $13.6B and pre-market surge of 28.8%. The U.S. government's 10% stake, acquired through the CHIPS Act for $8.9B, is now worth $37.3B — a paper gain of $28.4B.

Micron is set to report fiscal Q3 results with Wall Street looking for up to $35.6 billion in revenue and gross margin above 81%. HBM4 progress and Q4 guidance are the main catalysts for the stock.

TeraWulf posted $168.5M revenue for 2025, up 20.3% YoY, but net loss ballooned to $661.4M from $72.4M. HPC leasing brought in $16.9M, while mining revenue slid sharply in Q4.

Nvidia shares have fallen from $211 to around $175 amid broader AI sector concerns sparked by Oracle and Broadcom earnings. Despite the sell-off, strong revenue growth, lower valuation multiples, and a megaphone chart pattern suggest potential rebound momentum.

Bernstein has raised Qualcomm's price target from $140 to $235 following the company's Investor Day, but maintains a Market Perform rating. The upgrade reflects a larger long-term story as Qualcomm pivots from a mobile chip supplier to AI data centers, automotive, IoT, and personal AI devices. The company targets over $15 billion in data center revenue by FY2029, non-handset revenue of ~$40 billion, and Non-GAAP EPS above $18. However, near-term headwinds including smartphone revenue decline, Apple revenue exit, double-digit OPEX growth, and margin compression keep Bernstein cautious. The current price already partially prices in optimism, and investors need to see data center revenue materialize into sustainable profits.