Saturday, September 26, 2026

Markets closed higher on Friday — SPY gained 0.54% to $771.35 and QQQ added 0.46% to $744.50. The 524 AI infrastructure stocks we track slightly outperformed, with 351 advancing and 167 declining for an average move of +0.59%, a +0.05% relative edge over SPY. Silicon Design led the tape at +2.22%, while Operators lagged at -1.96%. The standout was SHMD (SCHMID Group N.V. Class A Ordinary Shares), up 20.7%; the biggest decliner was GWH (ESS Tech, Inc.), down 38.2%. Earnings resume Monday with CHRN (ChronoScale Corporation), followed by UEC (Uranium Energy Corp.) on Tuesday, MU (Micron Technology, Inc.) and JBL (Jabil Inc.) on Wednesday, and AYI (Acuity Brands, Inc.) on Thursday.

NetApp moves deeper into AI storage architecture. NTAP (NetApp, Inc.) announced an intent to acquire PEAK:AIO to advance scalable AI infrastructure architecture. The deal targets AI storage performance and data pipeline requirements, an area where traditional storage systems are being adapted to handle high-throughput model training and inference workloads.

H200 purchase order keeps NVIDIA compute demand visible. NVDA (NVIDIA Corporation) announced that RMX signed a compute supply purchase order with Technologent for NVIDIA H200 GPUs. The order is another data point in the continued deployment of NVIDIA-based accelerated compute systems across commercial and sovereign AI customers.

ChronoScale reports Monday. CHRN reports September 28 with an EPS estimate of -$0.0321. The stock fell 9.2% on Friday in an Operators layer that averaged -1.96%, making the print an early read on operator-level trends.

Micron Technology reports Wednesday. MU reports September 30 with an EPS estimate of $31.52. Micron is a key readout for high-bandwidth memory and data center storage demand tied to AI accelerator ramps. Pricing, capacity, and HBM commentary will matter for the broader memory and compute supply chain.

Jabil reports Wednesday. JBL reports September 30 with an EPS estimate of $4.06. As a major electronics manufacturing services provider for data center hardware, Jabil’s commentary will provide another data point on AI server, rack, and advanced packaging assembly demand.

Uranium Energy reports Tuesday. UEC reports September 29 with an EPS estimate of -$0.03862. The company sits in the nuclear fuel supply chain relevant to the growing nuclear power buildout for AI infrastructure, though the earnings impact is smaller than the larger reactor and utility names.

Acuity Brands reports Thursday. AYI reports October 1 with an EPS estimate of $5.66. Acuity’s building controls and lighting exposure gives it a read on non-residential and data center construction activity, particularly as facilities add more intelligent building management capabilities.