Foxconn has reportedly secured SpaceX’s first batch order for AI server racks built around NVIDIA’s GB300 platform, in a deal that Economic Daily News said could be worth $52 billion. The report says the order covers roughly 13,000 racks at about $4 million each, representing around 936,000 NVIDIA GPUs, with shipments expected from the fourth quarter of 2026 through the first quarter of 2027. Foxconn did not comment on specific customers or order developments, but said its AI server business has strong order momentum and better-than-expected visibility, while maintaining an optimistic full-year outlook. The reported win would break a supply pattern long dominated by Dell and Supermicro in SpaceX’s AI server outsourcing, and would give Foxconn a direct relationship with what the report described as the last missing major cloud-service customer in its portfolio. The article also linked the order to broader demand from SpaceX’s computing expansion, including multi-year compute rental agreements with Anthropic and Google, plus plans centered on AI1 satellites using NVIDIA GB300 racks. ABMedia further highlighted Foxconn’s exposure to CPO switching through Fii, along with recent earnings figures for both Foxconn and Fii.

Shenzhen Weizhao Semiconductor Co., Ltd., a power semiconductor device supplier and a national-level "little giant" enterprise, has filed a fresh application for a main-board listing in Hong Kong, with GF Securities serving as sole sponsor. The move comes after its first filing, submitted on Jan. 12, 2026, lapsed six months later. The renewed application arrives as the company’s operating picture weakens. According to its prospectus, Weizhao posted a net loss of 510,000 yuan in the first five months of 2026, compared with a profit of 26.529 million yuan a year earlier. Gross margin fell to 17.9% from 22.4%, while the revenue share of its higher-margin WLCSP products dropped from 46.3% to 27.4%. Regulatory scrutiny has also intensified. In June 2026, the China Securities Regulatory Commission asked the company six questions in supplemental filing materials for overseas listing registration, focusing on whether recent share placements were fairly priced, whether differing entry prices among new shareholders were reasonable, and whether two equity incentive grants involved unusually large pricing gaps or related-party ties. The prospectus also shows a sharp reshaping of the company’s channel structure, with distributor numbers falling from 658 to 103 over three years, alongside rising customer and supplier concentration.

JPMorgan raised its global server shipment growth forecasts for 2026 through 2028, arguing that AI inference, rather than training alone, is becoming the main force supporting the market. The bank lifted its 2026 server shipment growth estimate from 15% to 22% and its 2027 forecast from 8% to 25%, saying enterprises need more inference servers as they put AI models into real-world applications. The report drew a clear contrast with the PC market. JPMorgan said first-half PC demand came in better than expected, but attributed that strength to pre-price-hike inventory loading by brands and replacement demand tied to Windows 10, factors it viewed as front-loading demand rather than signaling a durable recovery. For 2026, the bank expects PC shipments to fall 8%, including a 14% drop in consumer PCs and a 4% decline in commercial PCs. JPMorgan also argued that supply, not demand, is the real bottleneck in servers. It said server demand is running 35% to 40% higher year over year, but shipment growth in 2026 can only reach 22% because of constraints in CPUs, substrates, memory, PCBs, passive components and power devices. The report also highlighted uncertainty around Nvidia’s roadmap and said value creation is shifting toward component suppliers.

Nvidia's SEC filing reveals two unnamed customers accounted for 39% of its Q2 FY2026 revenue, up from 25% a year ago. Analysts flag risks from cloud capex uncertainty, while CEO Jensen Huang forecasts AI infrastructure to reach $3-4 trillion by 2030.

Nvidia's SEC filing shows two unnamed customers contributed 39% of Q2 revenue, far exceeding last year. Mystery buyers spark speculation; CFO warns of revenue concentration risks. AI infrastructure projected to reach $3-4 trillion by 2030.

A new SemiAnalysis report says Nvidia’s Kyber NVL144 rack, unveiled by Jensen Huang at GTC 2026, may be delayed by more than 12 months to 2028, while the companion NVL72x2 back-to-back rack architecture has reportedly been canceled. The change would compress Rubin Ultra’s NVLink expansion domain and marks the latest in a series of supply-chain setbacks tied to Nvidia’s next-generation AI infrastructure roadmap. Over the past 30 days, third-party research has pointed to delays in native 800VDC power deployment, potential slippage in co-packaged optics commercialization, and the cancellation of the four-die Rubin Ultra configuration in favor of a two-die version with roughly half the original compute and memory bandwidth. These reports have already triggered sector-level repricing across optical communications, PCB manufacturing, and power infrastructure names. The immediate losers appear to be advanced PCB makers and parts of the CPO ecosystem, while copper cable, connector vendors, and some upstream material suppliers may benefit from a longer lifecycle for the mature Oberon/NVL72 architecture. Nvidia has not officially confirmed the reported delays, leaving investors focused on upcoming earnings commentary and order guidance from Taiwanese ODMs and PCB suppliers for confirmation.

A brief XRP price glitch on Kraken showed a price of $62,032 for 10 minutes, sparking community excitement. Analysts suggest it was a browser rendering error linked to Bitcoin's ~$62,000 price. Historical glitches are common, reinforcing the need for caution in interpreting order book data.