Superpower Daily
Kasm Pairs Xeon 6 Workspaces With Local AI, Says Data Stays In-...OpenAI Takes ChatGPT Ads to India’s Free and Go Tiers With 50 B...London Surgeons Remove 11mm Brain Tumour With Live AI Anatomy M...Nvidia’s 70% Forecast Lifts Hardware; Salesforce and CrowdStrik...ElevenLabs Says It Paid $22M for Voice Clones as Freelance Acto...Trump Posts AI Scenes With Washington and WWII Generals on Trut...Kasm Pairs Xeon 6 Workspaces With Local AI, Says Data Stays In-...OpenAI Takes ChatGPT Ads to India’s Free and Go Tiers With 50 B...London Surgeons Remove 11mm Brain Tumour With Live AI Anatomy M...Nvidia’s 70% Forecast Lifts Hardware; Salesforce and CrowdStrik...ElevenLabs Says It Paid $22M for Voice Clones as Freelance Acto...Trump Posts AI Scenes With Washington and WWII Generals on Trut...
Businesspublished

Nvidia’s 70% Forecast Lifts Hardware; Salesforce and CrowdStrike Move Software

The premarket move favored two different AI narratives: infrastructure suppliers gained on Nvidia’s demand outlook, while stronger guidance from software companies eased disruption fears in their own sector.

By 2 min read
Nvidia’s 70% Forecast Lifts Hardware; Salesforce and CrowdStrike Move Software
Sign in to save and react

Listen to this story

The audio brief

About 1:31
0:001:31
Read transcript
Nvidia’s forecast for seventy percent revenue growth next fiscal year sent its shares up 7.4 percent before the U.S. market opened, and pulled a broad group of AI hardware suppliers higher. Micron rose 4.2 percent, Marvell gained 5.2 percent, Broadcom added 1.6 percent, Sandisk climbed 4.9 percent, and Western Digital rose 3.4 percent. The message was straightforward: demand for the computing systems behind AI still looks strong. But Nvidia also identified a constraint. Shortages of memory components could limit how quickly that demand actually expands. The wider market response split into two distinct stories. Nasdaq 100 futures gained 1.03 percent, while software companies moved on their own financial results rather than simply following Nvidia. Salesforce jumped 11.8 percent after raising its annual revenue and profit forecasts. The company also introduced a plug-in connected to Anthropic’s Claude AI models. CrowdStrike gained 8.8 percent after lifting its annual revenue guidance and beating second-quarter earnings estimates. ServiceNow and Oracle each rose 2 percent. Those updates eased some concern that advanced AI tools could disrupt established software businesses. But Charu Chanana of Saxo Markets cautioned that Nvidia validated the infrastructure trade, not every stock labeled AI. The key question now is whether memory shortages limit the hardware expansion, while software gains continue to depend on company-specific guidance and earnings.

Story brief

3 key points

The market’s AI rally broadened beyond chipmakers, but for different reasons. Nvidia’s projection of 70% revenue growth next fiscal year drove a 7.4% premarket gain and lifted component suppliers, even as memory shortages threatened to constrain expansion. Salesforce and CrowdStrike delivered separate software catalysts by raising outlooks, while Salesforce added a Claude-connected plug-in. The takeaway is a...

  1. 01

    Nvidia’s forecast lifted Micron 4.2%, Marvell 5.2%, Broadcom 1.6%, Sandisk 4.9%, and Western Digital 3.4%.

  2. 02

    Nvidia warned memory-component shortages could limit how quickly AI-computing demand expands.

  3. 03

    Salesforce rose 11.8% after increasing annual revenue and profit forecasts and adding a plug-in connected to Anthropic’s Claude.

Nvidia’s forecast for 70% revenue growth next fiscal year lifted AI-hardware shares before U.S. markets opened. Nasdaq 100 futures rose 1.03%, while Salesforce and CrowdStrike gave software investors a separate reason to buy: both companies raised annual revenue outlooks.

Hardware followed Nvidia’s demand signal

Nvidia shares gained 7.4% in premarket trading after the forecast. The gains spread through companies tied to AI-system components: Micron rose 4.2%, Marvell 5.2%, and Broadcom 1.6%; Sandisk gained 4.9% and Western Digital 3.4%. Nvidia also warned that shortages of memory components could limit how quickly AI-computing demand expands.

Premarket gains split across the AI trade
1.03%Nasdaq 100 futures

Nasdaq 100 futures rose after Nvidia’s forecast renewed investor confidence in AI-related technology stocks.

7.4%Nvidia

Nvidia shares rose after the company forecast a 70% increase in revenue next fiscal year.

11.8%Salesforce

Salesforce rose after raising its annual revenue and profit forecasts and introducing a Claude-connected plug-in.

Software had its own proof points

Salesforce climbed 11.8% after raising its annual revenue and profit forecasts. It also introduced a plug-in combining its capabilities with Anthropic’s Claude AI models, joining improved financial expectations with an AI product integration.

CrowdStrike rose 8.8% after raising its annual revenue forecast and exceeding second-quarter earnings estimates. ServiceNow and Oracle each added 2%. Salesforce’s and CrowdStrike’s results calmed concerns that advanced AI tools could upend established software companies, boosting appetite for software shares and narrowing their gap with semiconductors.

The limits of the read-through

The day’s gains do not make every AI-linked stock interchangeable. Charu Chanana, Saxo Markets’ chief investment strategist, said Nvidia’s results validated the AI infrastructure trade but were not a signal to “indiscriminately chase everything labeled AI.” The split in the early market response supports that caution: hardware moved on Nvidia’s demand outlook, while software moved on company-specific guidance and earnings.

Editorial analysis

Our Read

The session’s more useful signal is the separation between infrastructure exposure and software execution. Nvidia’s outlook lifted companies connected to the hardware buildout, but Salesforce and CrowdStrike needed stronger forecasts of their own to pull software shares higher. That distinction leaves software’s recovery dependent on continued operating evidence, not merely enthusiasm for AI spending. Nvidia’s warning on memory components is the counterweight on the hardware side: investors will be watching whether supply constraints continue to limit the pace at which AI-computing demand expands.

Citation desk / original work

Cite this

Permanent attributionView citation
Finding 01

The session’s more useful signal is the separation between infrastructure exposure and software execution.

/posts/nvidia-forecasts-70-growth-lifting-ai-stocks-as-memory-shortages-loom#finding-1

Sources

  1. kfgo.comNasdaq futures take lead after Nvidia forecast refuels AI trade

Related coverage

Continue reading