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China’s exports rose 25% year over year in August and imports climbed 28.2%, producing a $119.09B trade surplus as AI, autos and high-tech demand strengthened the external-growth story while trade-policy risks increased.
Mistral AI raised €3 billion at a roughly €21 billion valuation in Europe’s largest private-tech equity round, strengthening the sovereign-AI and infrastructure-capex theme across chips, data centres and power.
Tesla shares fell nearly 6% after NHTSA opened an Audit Query into Cybercab self-certification, turning the Austin launch into an immediate regulatory and valuation test for Tesla’s autonomy thesis.
Nvidia agreed to buy Hugging Face for about $12.93 billion, extending its AI moat from GPUs into the open-model and developer-platform layer as hyperscalers build competing chips.
Snowflake shares jumped more than 24% in premarket trading after the cloud-data company raised its fiscal 2027 product-revenue outlook and said AI products were accelerating demand across its core platform.
Uber and Wayve launched supervised autonomous rides in London with fewer than 20 vehicles, adding a fresh robotaxi benchmark as Tesla’s Cybercab begins limited passenger service in Austin.
Broadcom fell more than 3% after hours after its Q4 revenue outlook missed Wall Street estimates, even as AI chip sales are expected to reach $21.7 billion.
Nvidia CEO Jensen Huang urged G20 policymakers to avoid AI rules built around theoretical harms, putting regulation, copyright and model deployment back into the AI trade.
SpaceX is targeting one of AI’s tightest physical bottlenecks—gas-turbine blades and vanes—after the plan triggered sharp volatility in Howmet and other power-equipment stocks.
Anthropic has signed a roughly $35 billion cloud deal with Nvidia-backed Lambda tied to a 350MW Texas data center, reinforcing the shift from an AI chip boom into a broader power and infrastructure spending cycle.
