EdWealth
Try Ed Free
Rachel Kim - Tech & AI Reporter at EdWealth

Rachel Kim

Tech & AI Reporter

Semiconductor supply chains, AI infrastructure buildouts, and the cloud arms race. Former engineer at a fabless chip company — still reads earnings calls for fun.
Latest
Arm Holdings' AGI CPU push could generate about $15 billion in revenue by fiscal 2031, with meaningful sales starting in fiscal 2028 and no expected disruption to its IP and CSS businesses.

Arm's AGI CPU push targets $15B revenue by fiscal 2031

Arm Holdings projects its AGI CPU initiative could generate about $15 billion in revenue by fiscal 2031, with meaningful sales starting in fiscal 2028.
Rachel Kim
·
Sep 03 2026
Nvidia confirms Lenovo and Acer will ship the first Windows PCs powered by its RTX Spark chip in October, pushing on-device AI into consumer laptops and desktops.

Nvidia RTX Spark PCs land in October with 1 petaflop AI compute

Nvidia's consumer AI push reaches store shelves in October, when Lenovo and Acer debut Windows laptops and desktops running the RTX Spark superchip — a Grace-Blackwell pairing rated at up to 1 petaflop of on-device compute with 128GB of unified memory.
Rachel Kim
·
Sep 03 2026
OpenAI CEO Sam Altman's warning about unsustainable AI compute spending pressures six publicly traded neocloud operators as investors weigh disclosed backlogs against debt loads.

Altman's neocloud warning pressures AI compute stocks holding $104B backlog

OpenAI Chief Executive Sam Altman's warning about "unsustainable silliness" in AI compute spending has put six neocloud operators — CoreWeave, Nebius, IREN, Hut 8, Bitdeer and Cipher Mining — under scrutiny as investors weigh disclosed backlogs against debt loads and unbuilt capacity.
Rachel Kim
·
Sep 03 2026
Nvidia agreed to acquire Hugging Face, the leading open-source AI model marketplace, for $12.9 billion, extending its reach from GPU hardware into model distribution.

Nvidia buys Hugging Face for $12.9B to own AI model hub

Nvidia agreed to acquire open-source AI model hub Hugging Face for $12.9 billion, extending its dominance from GPU hardware into the platform where developers distribute and choose open-weight models.
Rachel Kim
·
Sep 03 2026
JPMorgan forecasts China's domestic chips will meet 80 percent of AI infrastructure demand by 2028, naming SMIC, ILUVATAR COREX and NAURA among supply-chain beneficiaries.

JPMorgan sees China AI chip self-sufficiency hitting 80% by 2028

A JPMorgan report on China's AI infrastructure buildout names SMIC, ILUVATAR COREX and NAURA as winners of a localization push that lifts domestic chip self-sufficiency to 80 percent by 2028.
Rachel Kim
·
Sep 03 2026
Google Cloud's 82% YoY revenue growth supports Alphabet's raised 2026 capex outlook of $200 billion as it races Amazon and Microsoft for AI cloud share.

Google Cloud's 82% growth backs Alphabet's $200B AI capex bet

Alphabet's Google Cloud grew revenue 82% year over year in the second quarter, supporting a raised 2026 capex outlook of $200 billion as the company outpaces Amazon and Microsoft in the AI cloud race.
Rachel Kim
·
Sep 03 2026
ByteDance secured a $29.6 billion syndicated loan, Asia's second-largest dollar deal this year, to fund an AI infrastructure buildout with 2026 capex plans of up to $70 billion.

ByteDance secures $29.6B loan as AI capex doubles to $70B

ByteDance raised $29.6 billion in a syndicated loan at record-low pricing for Chinese tech, funding an AI infrastructure buildout that could lift 2026 capital spending to $70 billion.
Rachel Kim
·
Sep 03 2026
Microsoft will disclose quarterly Azure revenue in dollars for the first time, reporting $29.42 billion for the June quarter as part of a major segment restructuring into "Agents and Infra."

Microsoft reveals Azure revenue of $29.4B in reporting overhaul

Microsoft's new two-segment structure puts a dollar figure on Azure for the first time — $29.42 billion in the June quarter — consolidating cloud and productivity under "Agents and Infra."
Rachel Kim
·
Sep 02 2026
Broadcom CEO Hock Tan guides AI semiconductor revenue to about $115 billion by 2027 and $230 billion by fiscal 2028, backed by secured supply commitments from hyperscaler customers.

Broadcom CEO guides AI revenue to $230 billion by fiscal 2028

Broadcom's CEO has locked in a two-step AI revenue ramp, with secured supply commitments supporting about $115 billion in 2027 and a repeat doubling to $230 billion the following fiscal year, extending contracts with Google, Meta, OpenAI and Anthropic.
Rachel Kim
·
Sep 02 2026
Dell Technologies reports AI-optimized server revenue of $16.4 billion in fiscal Q2 2027, doubling year over year and driving a record $95 billion backlog.

Dell AI server revenue doubles to $16.4B on record $95B backlog

Dell's AI infrastructure surge drove quarterly revenue to a record $47 billion and pushed its order backlog to $95 billion, prompting a $25 billion raise to full-year guidance.
Rachel Kim
·
Sep 02 2026
Microsoft issued fiscal first-quarter guidance showing Azure revenue growth of 44-45 percent at constant currency as it restructures into two reporting segments.

Microsoft guides Azure growth at 44-45% as AI cloud demand holds

Microsoft guided fiscal first-quarter Azure growth of 44-45 percent at constant currency, pointing to sustained AI cloud demand as it restructures reporting around its Agents and Infra segment.
Rachel Kim
·
Sep 02 2026
Nvidia CEO Jensen Huang announced nearly $1 trillion in US AI infrastructure investment at the G20 summit, as the Trump administration pushes its Carolina Principles light-touch regulatory framework.

Nvidia commits $1 trillion to US AI infrastructure at G20 summit

Nvidia CEO Jensen Huang announced a ~$1 trillion US AI infrastructure investment at the G20 summit, reinforcing the AI capex supercycle as the Trump administration pushes light-touch regulation.
Rachel Kim
·
Sep 02 2026
TSMC's $100 billion Arizona expansion and global fab buildout target AI-driven demand, but overseas manufacturing costs could dilute gross margins by up to 4 percentage points.

TSMC's $100B Arizona expansion pressures margins as AI demand surges

TSMC's $100 billion Arizona expansion and global fab buildout target AI-driven demand, but overseas manufacturing costs could dilute gross margins by up to 4 percentage points even as the company raises its 2026 revenue growth outlook to above 40 percent.
Rachel Kim
·
Sep 02 2026
Credo Technology guided its optical portfolio to more than $600 million in fiscal 2027 revenue as silicon photonics products ramp for AI data center connectivity.

Credo targets $600M optical revenue as AI connectivity accelerates

Credo Technology guided optical revenue past $600 million for fiscal 2027 as silicon photonics products ramp, even as shares fell on margin concerns after a record quarter.
Rachel Kim
·
Sep 02 2026
Berkshire Hathaway CEO Greg Abel confirmed Warren Buffett personally led the firm's Alphabet investment, citing the Google parent's AI advantages.

Berkshire's Alphabet stake grows in Q2 as Buffett bets on AI

Berkshire Hathaway Chief Executive Greg Abel confirmed Warren Buffett personally led the firm's Alphabet investment, citing the Google parent's artificial-intelligence edge across Google Cloud and Gemini.
Rachel Kim
·
Sep 02 2026
NVIDIA management told investors its fiscal 2028 growth framework of 70 percent year-over-year is a floor under current supply constraints, with growth above 100 percent possible if TSMC wafer and HBM capacity expands.

NVIDIA says 70% FY28 growth is floor, supply caps upside

NVIDIA told investors its fiscal 2028 growth framework of 70 percent year-over-year is a floor, with growth above 100 percent possible if TSMC wafer and HBM capacity expands.
Rachel Kim
·
Sep 02 2026
Broadcom's AI growth story hits a complication as a global bond rout lifts Treasury yields to 4.80 percent, pressuring high-multiple semiconductor valuations.

Broadcom's AI growth story hits a snag as bond rout deepens

Broadcom's AI growth narrative faces a complication just as a global bond rout lifts the 10-year Treasury yield to 4.80 percent, pressuring the high-multiple semiconductor complex that has carried the AI trade.
Rachel Kim
·
Sep 02 2026
Taiwanese companies plan an additional $20 billion in US investment driven by AI application demand, expanding on TSMC's $265 billion Arizona commitment.

Taiwan firms add $20 billion US investment on AI chip demand

Kung Ming-hsin unveiled the fresh $20 billion projection at the SEMICON trade show in Taipei, saying AI and chip orders remain extremely lively as Taiwanese firms beyond TSMC weigh deeper US manufacturing commitments.
Rachel Kim
·
Sep 02 2026
Xiaomi will debut its Xring O3 AI processor and three SkyNomad EREV SUVs at a Sept 7 flagship event with 35 percent of its Hong Kong shares sold short.

Xiaomi to debut Xring O3 chip at Sept 7 launch as shorts hit 35%

A 35.127 percent short ratio on Xiaomi's Hong Kong shares sets up a potential squeeze as the company prepares to launch its Xring O3 AI processor, three SkyNomad EREV SUVs, a foldable phone and a tablet on Sept 7. The event, pairing Xiaomi's first self-designed chip with CXMT LPDDR6 memory, comes three days before Apple's fall launch and tests whether the product push can lift deliveries toward a 550,000-unit annual target.
Rachel Kim
·
Sep 02 2026
Elon Musk told the G20 summit AI could add $30 trillion to global GDP and 1 billion humanoid robots within a decade, while warning of a 15 GW chip power shortfall by 2027.

Musk predicts 1 billion robots and $30 trillion AI economy

Elon Musk told the G20 summit AI could add $30 trillion to global GDP and 1 billion humanoid robots within a decade, warning of a 15 GW chip power shortfall by 2027.
Rachel Kim
·
Sep 02 2026

Money at peace.Wealth in motion.

Your money, finally handled. Your life, finally unhurried.

Try Ed Free