The Nasdaq 100 fell 6.4% in one day. Here is what drove it
Two days after the midterms, investors sold the companies building AI data centers, and chip stocks took the hardest hit.
Nvidia
8 stories, newest first.
Mira Murati's AI startup is raising $5 billion at a $40 billion valuation
The reported round would roughly triple the value of Thinking Machines Lab, with Nvidia in talks to invest about half.
Google opened its AI chips to PyTorch developers
An October 2026 release let code written for Nvidia hardware run on Google's processors with a one-line change.
Anthropic signed a $35 billion computing deal with Lambda
The September 2026 agreement was the AI company's third large infrastructure contract of the year, the Wall Street Journal reported.
Nvidia struck a $6 billion licensing deal with Poolside
The August 2026 agreement paid an AI coding startup for its technology without buying the company.
Nvidia launched a processor designed for AI agents
The Vera CPU, shown in June 2026, extended the chipmaker from graphics processors into the other half of the server.
Nvidia agreed to sell Meta millions of chips
The multiyear deal was announced in February 2026, the same day Meta broke ground on a $10 billion data center in Indiana.
Nvidia reported $44.1 billion in quarterly revenue
The chipmaker beat Wall Street's expectations in May 2025, extending the run that made it the market's AI bellwether.
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