Nvidia is scheduled to release its fiscal 2027 second-quarter results after the U.S. stock market closes on Wednesday, with a conference call set for 5 p.m. Eastern Time, or 5 a.m. Beijing time on Thursday, according to BlockBeats. The report has drawn close market attention because Nvidia has repeatedly cleared both earnings expectations and its own guidance in recent quarters. As of fiscal 2027 first-quarter results, which were released on May 20, 2026, Nvidia had beaten consensus expectations for revenue and adjusted earnings per share for 13 straight quarters. Over the same span, actual revenue also topped the midpoint of the company’s own prior-quarter revenue guidance for 13 consecutive quarters. That streak is now a central point of focus ahead of the new release. Wall Street consensus currently points to roughly $92.18 billion in quarterly revenue, up about 97% year over year, and adjusted non-GAAP EPS of about $2.09, up about 99%. Nvidia’s own earlier guidance called for revenue of around $91 billion, implying growth of about 95%. Investors will be watching data center performance, Blackwell product shipments and demand, gross margin, next-quarter guidance, and any update on sales in China.

Bitget UEX’s latest daily market report said interest-rate options in the U.S. Treasury market are increasingly being used to position for Federal Reserve rate cuts in 2027, while expectations for a September hike have eased sharply from levels seen two weeks ago. The note tied that shift to softer July inflation, retail sales and consumer sentiment, along with a surprise decline of 23,000 in nonfarm payrolls. Swap pricing now implies only about 9 basis points of tightening at the September meeting. The report also pointed to a separate macro driver: U.S. officials said Donald Trump had told his negotiating team, including Vice President Vance, envoy Witkoff and Kushner, to pause contact with Iran. That kept uncertainty around Hormuz-related supply channels in focus and helped support crude prices. In parallel, tighter power-use oversight for data centers in Pennsylvania, Texas and New York has added pressure to the AI infrastructure trade, which Bank of America strategists now view as a midterm-election variable. Across markets, BTC traded around $64,600 and ETH at $1,915, while U.S. spot Bitcoin ETFs saw $298 million in net inflows the previous day. U.S. equities fell, led by AI hardware, semiconductors and optical networking names, with Nvidia, Meta, Coherent and Lumentum among the laggards. Apple was one of the few large-cap tech names to close higher.

Applied Materials reported fiscal third-quarter 2026 results early on Aug. 14, Beijing time, posting revenue of $9.12 billion for the quarter ended July 2026, up 25% year over year and slightly ahead of the $9.02 billion market expectation cited in the source material. Gross margin reached 50.3%, up 0.4 percentage points from the prior quarter and also a touch above the 50.1% expectation. The company said demand was driven by the expansion of AI compute infrastructure, which lifted spending on advanced logic, DRAM and advanced packaging equipment. The operating picture was solid across key lines. Logic revenue came in at $4.72 billion, up 18% quarter over quarter, while DRAM revenue reached $1.83 billion, up 6% sequentially, with customer expansion timing and delivery-cycle mismatches, including cleanroom constraints, affecting the pace. Operating expenses rose to roughly $1.51 billion, with R&D climbing to $1.1 billion. Headcount also increased 7% sequentially after the company had announced a 4% workforce reduction in late October 2025. For fiscal Q4 2026, Applied Materials guided for revenue of $9.75 billion to $10.75 billion and non-GAAP EPS of $3.82 to $4.22, both above the market expectations cited in the article. Still, the source argues that investor disappointment centered on management not explicitly raising its prior view that semiconductor equipment revenue would grow more than 30% in calendar 2026, even as major chipmakers have recently lifted capital spending plans.

U.S. stocks closed mixed after July consumer inflation data came in as expected, easing immediate concern that price pressures were reaccelerating. The Dow Jones Industrial Average slipped 0.04% for a third straight loss, while the S&P 500 rose 0.26% and the Nasdaq gained 0.54%. According to the report, July CPI rose 0.1% month over month and 3.4% year over year, while core CPI increased 0.2% on the month and 2.5% on the year, with the core annual reading marking its slowest pace since March 2021. Money markets subsequently cut the probability of a September rate hike to 40%, with odds of no change climbing to about 60%. The market’s leadership also shifted sharply. Capital moved out of traditional software and some mega-cap tech names and into AI infrastructure, semiconductors, storage and optical communications. NEBIUS jumped 34.14%, CoreWeave rose 19.28%, Super Micro Computer climbed 19.02% and Lumentum added 13.63%. The report also highlighted continued strength in gold and silver, a pullback in crude after a recent surge, and mounting pressure from the U.S. fiscal deficit and interest burden. Investors are now watching July PPI, upcoming 13F filings and earnings from several technology and semiconductor companies for the next directional cues.

Lumentum reported quarterly results above market expectations, with revenue reaching $1.01 billion, up 109% year over year, and non-GAAP EPS at $3.23 versus the consensus estimate of $2.97. The company also said adjusted gross margin rose to 50.4%, hitting its operating target earlier than planned as demand for 1.6T optical transceivers and 200G electro-absorption modulated laser chips accelerated on AI infrastructure spending. A major focus for investors was co-packaged optics, or CPO. During its earnings call, management said volume demand for ultra-high-power laser chips from a lead customer, along with procurement and delivery of the first external light source modules, is scheduled for the second half of calendar year 2027. That statement pushed back on earlier market concerns that CPO deployment had slipped. Lumentum also described a sharp supply-demand imbalance in ultra-high-power continuous-wave lasers, saying constrained capacity has strengthened its pricing power. To support output, the company is seeking more indium phosphide substrate supply, including from partners such as AXTI. The update spilled into Taiwan’s supply chain, where ABMedia said optical and epitaxy-related stocks moved higher, with HwaCom hitting limit-up and LandMark and Phion rising close to 5%.

Cloudflare (NYSE: NET) shares jumped 12.61% to $320.00 in early trading on Aug. 7, according to Bybit data, touching an all-time high of $322.49 intraday by 9:38 a.m. ET (21:38 Beijing time). The gains follow the company's second-quarter results released earlier, which showed revenue of $696.1 million, up 36% year over year. Non-GAAP operating profit came in at $96.1 million, while non-GAAP diluted earnings per share were $0.29. Current remaining performance obligations (RPO) rose 35% year over year. Management raised its full-year guidance alongside the report: FY2026 revenue is now expected at $2.864 billion to $2.870 billion, versus a prior range of $2.805 billion to $2.813 billion. Non-GAAP EPS guidance was lifted to $1.25 to $1.26, from $1.19 to $1.20.

SanDisk reported a blockbuster fourth quarter and full fiscal 2026, yet the stock still fell sharply after the numbers landed. The company said fourth-quarter revenue reached $8.97 billion, ahead of the $8.48 billion market expectation, while adjusted EPS came in at $39.25 and adjusted gross margin rose to 84.6%. For the full year, revenue hit $20.25 billion and GAAP net income totaled $11.43 billion, a major swing from the prior year’s $1.64 billion loss. The market reaction pointed elsewhere. SanDisk had already fallen 5.4% before the release, then dropped nearly 8% in after-hours trading, with the stock quoted at $1,243 as of 11:00. Investors appeared to focus on first-quarter fiscal 2027 guidance of $10.3 billion to $10.8 billion in revenue, with a midpoint of $10.55 billion, below the prior market expectation of $11.16 billion. Gross margin guidance of 83% to 85% and EPS guidance of $44 to $46 also did little to raise expectations. The quarter showed a clear shift in business mix. Data center revenue surged to $2.98 billion and accounted for 33% of sales, while consumer revenue fell to $556 million and missed expectations. Management also highlighted five additional NBM long-term agreements and announced a new $14 billion buyback plan, bringing total remaining repurchase authorization to $15.5 billion.

Goldman Sachs initiated coverage on SanDisk on Aug. 5 with a Buy rating and a $2,200 price target, arguing that the company’s long-term case remains intact even after guidance for the next quarter fell short of the market’s most optimistic expectations. According to the report summarized in the source article, SanDisk posted second-quarter revenue of $8.97 billion, ahead of Goldman’s $8.84 billion estimate and the broader market’s $8.71 billion view. Gross margin reached 84.6%, also topping expectations, while non-GAAP EPS came in at $39.25. The pressure point was guidance. SanDisk projected third-quarter revenue of $10.55 billion at the midpoint, below Goldman’s $11.65 billion forecast and the market’s $11.15 billion expectation. Midpoint EPS guidance of $45 matched the market more closely but trailed Goldman’s $49.95 estimate. Goldman said the likely near-term share reaction reflects an adjustment in expectations rather than a deterioration in fundamentals, especially after elevated optimism into the earnings release. The bank’s thesis centers on structural changes in NAND, rising AI data center demand, expanding enterprise SSD adoption, and the role of long-term agreements in improving revenue visibility and cash-flow predictability over time. Goldman also said SanDisk’s valuation leaves room for upside if those longer-term drivers play out.