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70customer08/13
Fortune 500 enterprises (AT&T, Optum, NTT DOCOMO) moving annealing applications to production; 37% of H1 2026 QCaaS revenue from production apps vs. 10% prior year
Alan Baratz·D-Wave Quantum, AT&T, Optum (UnitedHealth Group), NTT DOCOMOQBTS
D-Wave Quantum Q2 2026 Earnings Call
60infrastructure08/13
Rocket Lab seeking debt amendment of Iridium's $1.775B term loan to remain post-acquisition, reducing bridge financing need
Peter Beck·Iridium Communications Inc.IRDM
Rocket Lab 8-K filing — 2026-08-13 (items 7.01,8.0
85capex08/13
Rocket Lab acquiring Iridium for ~$7.6B; combined entity assumes $1.77B debt payoff plus $3.6B bridge financing at 8.0% rate
Peter Beck·Rocket Lab Corporation; Iridium Communications Inc.RKLB; IRDM
Rocket Lab 8-K filing — 2026-08-13 (items 8.01,9.0
85infrastructure08/13
Iridium completed Aireon acquisition (July 2, 2026) adding $338.1M debt; combined Rocket Lab-Iridium-Aireon entity faces $2.1B+ total debt burden
Peter Beck·Rocket Lab; Iridium; Aireon LLCRKLB
Rocket Lab 8-K filing — 2026-08-13 (items 8.01,9.0
65capex08/13
Rigetti securing $100M CHIPS Act funding contingent on milestones in cryogenics and control electronics miniaturization, accelerating 1,000-qubit roadmap
Subodh Kulkarni·Rigetti Computing, U.S. Department of CommerceRGTI
Rigetti Computing Q2 2026 Earnings Call
60partner08/13
Rigetti and HPE launching hybrid quantum-classical HPC testbed via Pittsburgh Supercomputing Center; superconducting gate speed (60ns) positioned as 1,000-10,000x faster than trapped-ion alternatives
Subodh Kulkarni·Rigetti Computing, Hewlett Packard Enterprise, Pittsburgh Supercomputing CenterRGTI, HPE
Rigetti Computing Q2 2026 Earnings Call
65infrastructure08/12
CoreWeave's $35.5B of lease commitments not-yet-commenced, with power delivery delays to 2028; leasing revenue recognition at risk
Michael Intrator·CoreWeaveCRWV
CoreWeave 10-Q filing — 2026-08-12
60customer08/12
CoreWeave raised $2B from NVIDIA (Jan 2026) + $1B from other investor (Apr 2026); strategic compute dependency signal
Michael Intrator·CoreWeave, NVIDIACRWV, NVDA
CoreWeave 10-Q filing — 2026-08-12
65bottleneck08/12
Coherent scaling InP semiconductor capacity to meet AI datacenter demand; doubling output by year-end, then 2x+ again in 2027.
Jim Anderson·Coherent Corp.COHR
Coherent Corp 8-K filing — 2026-08-12 (items 2.02,
50capex08/12
Coherent capex surge: $1.1B invested in FY2026, targeting Sherman TX facility expansion with $50M CHIPS Act LOI and government partnership.
Jim Anderson·Coherent Corp.COHR
Coherent Corp 8-K filing — 2026-08-12 (items 2.02,
60customer08/12
Coherent Datacenter & Communications segment drove 59% revenue YoY growth (Q4 FY26); now 79% of total revenue.
Jim Anderson·Coherent Corp.COHR
Coherent Corp 8-K filing — 2026-08-12 (items 2.02,
70capex08/11
Astera Labs Scorpio X volume ramp drives AI fabric TAM expansion; NPO optical deployments targeted for 2027
Jitendra Mohan·Astera LabsALAB
Astera Labs Q2 2026 Earnings Call
50technology08/11
Astera Labs dollar content per XPU scaling to 'multiple thousands'; Scorpio X alone exceeds $1,000 per accelerator
Jitendra Mohan·Astera LabsALAB
Astera Labs Q2 2026 Earnings Call
85customer08/11
Astera securing CXL design wins across two U.S. hyperscalers; volume ramp expected 2027 for Leo memory controllers
Jitendra Mohan·Astera LabsALAB
Astera Labs Q2 2026 Earnings Call
85infrastructure08/10
IonQ acquires SkyWater foundry for $1.8B to secure U.S. semiconductor capacity for quantum chip production
Peter Chapman·IonQ, Inc. / SkyWater Technology, Inc.IONQ / SKYW
IonQ 10-Q filing — 2026-08-10
70partner08/10
IonQ rapidly acquiring photonics and satellite companies (Nexus, Skyloom, Capella) to build integrated quantum-sensing platform
Peter Chapman·IonQ; Nexus Photonics, Inc.; Skyloom Global Corp.; Capella Space Corp.IONQ
IonQ 10-Q filing — 2026-08-10
70capex08/10
CoreWeave secures $2.6B debt facility for GPU server capex; lenders now underwriting 3-year contract renewals vs 5-year maturities
Michael Intrator·CoreWeaveCRWV
CoreWeave 8-K filing — 2026-08-10 (items 1.01,2.03
60infrastructure08/10
NVIDIA GPU demand durability: lenders now willing to finance shorter-duration cloud contracts (3-year avg vs 5-year debt maturity)
Michael Intrator·NVIDIANVDA
CoreWeave 8-K filing — 2026-08-10 (items 1.01,2.03
85capex08/10
Rocket Lab acquiring Iridium for $8B; requires $3.6B bridge financing and supply-chain vertical integration strategy
Peter Beck·Rocket Lab CorporationRKLB
Rocket Lab 10-Q filing — 2026-08-10
85supplier08/10
Rocket Lab acquired Mynaric (laser optical comms), Motiv (satellite components/SADA), GEOST in H1 2026; addresses critical supply-chain constraints
Peter Beck·Rocket Lab Corporation (acquired Mynaric AG, Motiv Space Systems, GEOST LLC)RKLB
Rocket Lab 10-Q filing — 2026-08-10
55partner08/10
Rocket Lab acquired Mynaric and Motiv, announced Iridium acquisition to build vertically-integrated space powerhouse
Peter Beck·Rocket LabRKLB
Rocket Lab 8-K filing — 2026-08-10 (items 2.02,9.0
70customer08/10
Rocket Lab awarded $397M Space Force contract for SB-AMTI Flatellite spacecraft on Neutron; only 2 vendors delivering launch-plus-spacecraft
Peter Beck·Rocket Lab, U.S. Space ForceRKLB
Rocket Lab 8-K filing — 2026-08-10 (items 2.02,9.0
65infrastructure08/10
Rocket Lab backlog grew to $2.36B (+137% YoY); $437M in new launch contracts in Q2 plus post-quarter signings; 90+ launches in pipeline
Peter Beck·Rocket LabRKLB
Rocket Lab 8-K filing — 2026-08-10 (items 2.02,9.0
50capex08/07
Vertiv capex acceleration to 4% of sales (high end) to support 45% H2 growth and 2027 capacity expansion
Giordano Albertazzi·VertivVRT
Vertiv Q2 2026 Earnings Call
70capex08/06
AAOI: $635M capex in H1 2026 for manufacturing expansion; expects elevated 2026 capex to support 800G/1.6T transceiver production
Thompson Lin·Applied Optoelectronics, Inc.AAOI
Applied Optoelectronics 10-Q filing — 2026-08-06
75customer08/06
AAOI customer concentration risk: Digicomm represents 67% of AR and 43% of H1 2026 revenue; relies on 10+ year relationship but single-customer exposure is material
Thompson Lin·Applied Optoelectronics, Inc.AAOI
Applied Optoelectronics 10-Q filing — 2026-08-06
100bottleneck08/06
AOI forecasts demand will outpace production capacity through mid-2027; targeting 650k units/month 800G & 1.6Tb by end-2026
Thompson Lin·Applied OptoelectronicsAAOI
Applied Optoelectronics 8-K filing — 2026-08-06 (i
85customer08/06
AOI datacenter revenue nearly 2.4x YoY ($107.7M Q2 2026 vs $44.8M Q2 2025); 800G volume doubled sequentially
Thompson Lin·Applied OptoelectronicsAAOI
Applied Optoelectronics 8-K filing — 2026-08-06 (i
85capex08/06
Rigetti secures up to $100M CHIPS Act award, requiring $250M capex commitment with Quanta over 5 years
Subodh Kulkarni·Rigetti Computing, Inc.RGTI
Rigetti Computing 10-Q filing — 2026-08-06
40technology08/06
Rigetti announces 108-qubit Cepheus system in production; modular chiplet architecture ramping to multi-chip production
Subodh Kulkarni·Rigetti Computing, Inc.RGTI
Rigetti Computing 10-Q filing — 2026-08-06
55partner08/06
Quanta Computer commits $250M+ manufacturing investment in Rigetti partnership; 3-year lock-up on stock
Subodh Kulkarni·Quanta Computer Inc. (Taiwan)
Rigetti Computing 10-Q filing — 2026-08-06
70capex08/06
Rigetti secures $100M DOC funding LOI for superconducting quantum R&D; may dilute equity stake
Subodh Kulkarni·Rigetti ComputingRGTI
Rigetti Computing 8-K filing — 2026-08-06 (items 2
65infrastructure08/06
Rigetti investing in dilution refrigeration capacity and materials improvements to scale to 1,000 qubits over 3 years
Subodh Kulkarni·Rigetti ComputingRGTI
Rigetti Computing 8-K filing — 2026-08-06 (items 2
85partner08/06
D-Wave acquired Quantum Circuits for $538.5M to add dual-rail qubit gate-model tech; integration spending elevated through 2026.
Alan Baratz·D-Wave Quantum Inc. (acquired Quantum Circuits, Inc.)QBTS
D-Wave Quantum 10-Q filing — 2026-08-06
85bottleneck08/06
AOI laser manufacturing bottleneck: CPO demand 8-10x current capacity by 2027-2028; 21-24 month lead times for equipment limit competitor entry.
Thompson Lin·Applied Optoelectronics (AOI)AOIO
LIVE: Applied Optoelectronics Q2 2026 Earnings Cal
85bottleneck08/06
AOI laser supply becoming critical bottleneck for CPO market; 21-24 month equipment lead times constrain competitors.
Thompson Lin·Applied Optoelectronics (AOI)AOEO
Applied Optoelectronics Q2 2026 Earnings Call | Re
85supplier08/06
AOI securing substrate supply via partnerships with 2 EU, 2 Japan, 3 China suppliers through 2027; exploring joint ventures for 10x+ capacity growth.
Thompson Lin·Applied Optoelectronics (AOI); substrate suppliers in Europe, Japan, ChinaAOEO
Applied Optoelectronics Q2 2026 Earnings Call | Re
65capex08/06
AOI capex exceeds $565M in Q2 2026; $280M in equipment prepayments; massive Texas fab expansion underway to reach 930k units/month by end 2027.
Thompson Lin·Applied Optoelectronics (AOI)AOEO
Applied Optoelectronics Q2 2026 Earnings Call | Re
70capex08/05
AMD commits $30.3B in unconditional capex & supply agreements; $17.4B due remainder of 2026
Lisa Su·Advanced Micro Devices, Inc.AMD
AMD 10-Q filing — 2026-08-05
75bottleneck08/05
AMD Data Center segment 2H 2026 revenue $6.7B (+107% YoY); demand constrained by TSMC capacity for MI350/MI450
Lisa Su·Advanced Micro Devices, Inc.; Taiwan Semiconductor Manufacturing Company LimitedAMD; TSM
AMD 10-Q filing — 2026-08-05
70infrastructure08/05
AMD data center lease commitments balloon post-Q2: $9.5B in new leases commencing 2027–28 for GPU/compute buildout
Lisa Su·Advanced Micro Devices, Inc.AMD
AMD 10-Q filing — 2026-08-05
55customer08/05
Customer concentration risk: single customer represents 29% of Q2 2026 revenue; three customers account for 67% of sales
Jitendra Mohan·Astera LabsALAB
Astera Labs 10-Q filing — 2026-08-05
55partner08/05
AMD partners with Hugging Face to drive local AI adoption via Ryzen AI Max platform
Lisa Su·AMDAMD
Shaping the Future of AI Through Openness: A Fires
70customer08/05
AMD data center business growing >100% into 2027, driven by OpenAI, Meta, Anthropic demand
Lisa Su·AMDAMD
AMD CEO on data center business 'growing well over
70infrastructure08/05
Astera Labs acquiring Xcale Photonix to enable full optical fabric solutions; NPO chipsets targeted for 2027 volume, CPO for 2028+
Jitendra Mohan·Astera Labs, Xcale PhotonixASTO
Astera Labs Q2 2026 Earnings Call | Record $392.4M
85infrastructure08/05
IonQ acquires SkyWater Technology to vertically integrate quantum manufacturing and foundry services
Peter Chapman·IonQ, Inc. / SkyWater TechnologyIONQ
IonQ 8-K filing — 2026-08-05 (items 2.02,9.01)
65capex08/05
IonQ revenue grew 287% YoY to $80.1M Q2 2026; Remaining Performance Obligations surged 297% YoY
Peter Chapman·IonQ, Inc.IONQ
IonQ 8-K filing — 2026-08-05 (items 2.02,9.01)
45customer08/05
IonQ signs defense MOUs with Anduril and Sandia; White House quantum orders signal U.S. national security priority
Peter Chapman·IonQ, Inc. / Anduril / Sandia National LaboratoriesIONQ
IonQ 8-K filing — 2026-08-05 (items 2.02,9.01)
85capex08/04
Palantir commits $5.6B to cloud hosting over 10 years; major capex lock-in with unnamed third-party provider
Alex Karp·Palantir TechnologiesPLTR
Palantir Technologies 10-Q filing — 2026-08-04
70infrastructure08/04
Palantir reports $89M cost increase in third-party cloud hosting (Q2 2026); signals accelerating infrastructure capex
Alex Karp·Palantir TechnologiesPLTR
Palantir Technologies 10-Q filing — 2026-08-04
65capex08/04
SpaceX capex surge: $28.5B H1 2026 spend, AI segment alone $23.6B; nameplate compute draw 1.4GW vs 0.4GW YoY
Gwynne Shotwell·SpaceX (includes AI segment xAI)SPCX
SpaceX 10-Q filing — 2026-08-04
85supplier08/04
SpaceX acquires Mesh Optical (optical transceivers for data centers); values Cursor (AI IDE) at $60B for equity acquisition
Gwynne Shotwell·Mesh Optical Technologies Corporation, Anysphere Inc. (Cursor), SpaceXSPCX
SpaceX 10-Q filing — 2026-08-04
55infrastructure08/04
SpaceX AI infrastructure revenue $1.6B H1 2026; $2.0B nameplate compute but gross margin pressure from allocating costs to revenue
Gwynne Shotwell·SpaceX (AI segment)SPCX
SpaceX 10-Q filing — 2026-08-04
60partner08/03
D-Wave partners with Nasdaq Verafin on quantum-hybrid financial crime detection; pilot expansion potential
Alan Baratz·D-Wave Quantum Inc., Nasdaq VerafinQBTS
D-Wave Quantum 8-K filing — 2026-08-03 (items 7.01
90infrastructure07/31
Rivian ramping R2 with strict single-supplier focus strategy; supply chain coordination now critical path
RJ Scaringe·RivianRIVN
Rivian Q2 2026 Earnings Call
85partner07/31
IonQ acquires SkyWater Technology to secure domestic quantum chip manufacturing and advanced packaging capabilities
Peter Chapman·IonQ, Inc. and SkyWater Technology, Inc.IONQ, SKYT
IonQ 8-K filing — 2026-07-31 (items 8.01,9.01)
85infrastructure07/31
IonQ's fault-tolerant quantum roadmap now backed by domestic advanced packaging and secure chip design capabilities via SkyWater integration
Peter Chapman·IonQ, Inc. and SkyWater Technology, Inc.IONQ, SKYT
IonQ 8-K filing — 2026-07-31 (items 8.01,9.01)
85infrastructure07/31
Anduril scaling manufacturing to meet structurally elevated DoD demand; AI compute critical bottleneck for autonomous systems production.
Brian Schimpf·Anduril Industries, NVIDIANVDA
Anduril CEO: AI in Warfare Is Here – July 31, 2026
75customer07/31
Autonomous systems graduating from prototype to production procurement; defense primes (LMT, RTX, NOC, GD) competing for DoD autonomous systems contracts.
Brian Schimpf·Lockheed Martin, RTX Raytheon Technologies, Northrop Grumman, General DynamicsLMT, RTX, NOC, GD
Anduril CEO: AI in Warfare Is Here – July 31, 2026
60capex07/31
Humanoid robotics approaching $10B+ revenue within 2–4 years; general-purpose form factor drives economics over specialized robots.
Andrew Kang·Figure AI, Boston Dynamics
Building the SoftBank of Robotics | Andrew Kang
45technology07/31
Vertical integration in robotics (hardware + intelligence + manufacturing) is critical moat; model-only companies face commoditization risk as open-source alternatives emerge.
Andrew Kang·Figure AI, Physical Intelligence, Path Robotics
Building the SoftBank of Robotics | Andrew Kang
35infrastructure07/31
US legislation to restrict Chinese robotics adoption in domestic market likely to pass with bipartisan support; protects domestic robotics players from cost competition.
Andrew Kang·Chinese robotics companies (GBOT, AgiBOT), US-based robotics companies (Figure AI, Boston Dynamics)
Building the SoftBank of Robotics | Andrew Kang
65infrastructure07/31
CPU compute demand inflecting sharply as enterprises shift AI from experimentation to production; AMD positioned as CPU leader
Lisa Su·AMDAMD
AMD CEO Lisa Su on Q2 results: We're in an extraor
50customer07/31
SpaceX shifting from AMD to NVIDIA chips exclusively; supplier concentration risk for AMD in defense/space segment
Lisa Su·AMD, NVIDIA, SpaceXAMD, NVDA
AMD CEO Lisa Su on Q2 results: We're in an extraor
100capex07/30
Meta R&D spending surged 67% YoY to $21.7B in Q2; AI token costs and infrastructure expenses now material line items
Mark Zuckerberg·Meta Platforms, Inc.META
Meta 10-Q filing — 2026-07-30
80infrastructure07/30
Rivian secured DOE loan commitment up to $4.0B for Stanton Springs North; funding conditional on positive gross margin and vehicle sales milestones
RJ Scaringe·Rivian Automotive, Inc., U.S. Department of EnergyRIVN
Rivian 10-Q filing — 2026-07-30
75partner07/30
Volkswagen Group $1.3B equity investment tranche (April 2026); VW software/ECU licensing now primary non-auto revenue driver for Rivian JV
RJ Scaringe·Rivian Automotive, Inc., Volkswagen GroupRIVN
Rivian 10-Q filing — 2026-07-30
90bottleneck07/30
Rivian R2 ramp absorbing ~$100M in incremental quarterly costs; memory & logistics inflation cited as headwinds
RJ Scaringe·Rivian Automotive, Inc.RIVN
Rivian 8-K filing — 2026-07-30 (items 2.02,9.01)
65capex07/30
Rivian Georgia facility targeting 300k annual capacity for R2 & future robotaxi; $4.5B DOE loan funds construction with equity pre-funding requirement
RJ Scaringe·Rivian Automotive, Inc., U.S. Department of EnergyRIVN
Rivian 8-K filing — 2026-07-30 (items 2.02,9.01)
65capex07/29
Vertiv capex acceleration to $550-570M in 2026 to support AI data center demand and capacity expansion
Giordano Albertazzi·Vertiv Holdings CoVRT
Vertiv 10-Q filing — 2026-07-29
75partner07/29
Vertiv acquired 3 liquid cooling and thermal management specialists (BMarko, Strategic Thermal Labs, ThermoKey) in Q2 2026 for emerging AI infrastructure demands
Giordano Albertazzi·Vertiv Holdings Co; BMarko Structures LLC; Strategic Thermal Labs LLC; ThermoKey S.p.AVRT
Vertiv 10-Q filing — 2026-07-29
90partner07/29
Meta structured $1B+ data center capex deal with BlackRock (BlackRock funds capital, Meta operates); tight GPU capacity through 2027
Michael Intrator·Meta, BlackRockMETA, BLK
The Most Obvious Buy in the Market Right Now
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