Thursday, August 13, 2026
Updated daily before market open. The Buildout is a website built on agentic AI tools, currently in beta, and could have factual errors.
Markets advanced Wednesday: SPY added 0.86% to $779.10 and QQQ gained 1.20% to $732.37. Our 523-stock AI infrastructure universe underperformed the S&P 500 by 21 basis points, with 332 names up, 189 down, and 2 flat; the average move was +0.65%. Servers & compute led at +2.22%, while construction was the weakest segment at -0.38%. HYLN (Hyliion Holdings Corp.) was the standout gainer at +15.2%, and SLND (Southland Holdings, Inc.) was the biggest decliner at -15.7%. AMAT (Applied Materials, Inc.) and GDS (GDS Holdings Limited) headline today’s reporting, with SHMD (SCHMID Group N.V. Class A Ordinary Shares) and HIVE (HIVE Digital Technologies Ltd.) due Friday.
CSCO (Cisco Systems, Inc.) reported fiscal fourth-quarter EPS of $1.22 versus an estimate of $1.17, but shares fell 7.0% on the session.
COHR (Coherent, Inc.) reported fourth-quarter EPS of $1.74 versus an estimate of $1.62, a beat as optical and compound semiconductor demand remains a focal point for AI networking.
CBRS (Cerebras Systems Inc.) reported EPS of -$0.04 versus an estimate of -$0.17178, a beat, but shares fell 11.7%.
AOSL (Alpha and Omega Semiconductor Limited) reported fiscal fourth-quarter EPS of -$0.13 versus an estimate of -$0.24. The stock declined 12.7% despite the beat.
ENS (EnerSys) reported EPS of $3.66 versus an estimate of $2.83, a $0.83 beat.
FRVO (Fervo Energy Co.) reported EPS of -$0.38 versus an estimate of -$0.07375, a miss.
NBIS (Nebius Group N.V.) reported EPS of -$0.12 versus an estimate of -$0.71695, a $0.60 beat.
CoreWeave is putting AI compute behind MasterClass’s teaching agents. CRWV (CoreWeave, Inc.) announced that its AI cloud platform is powering MasterClass’s AI teaching agents. The deployment puts a production consumer-facing workload on CoreWeave’s infrastructure, a shift beyond training and benchmark deployments.
Nebius and Vantage Data Centers are expanding in the UK’s South Wales AI Growth Zone. NBIS and Vantage announced their first deployment in the zone, adding to the UK’s AI data center pipeline. The expansion is a direct international buildout datapoint outside the US data center complex.
POET Technologies posted another quarter of fast optical growth. POET (POET Technologies Inc.) reported second-quarter revenue up 112% year-over-year and its sixth consecutive quarter of sequential growth. The silicon photonics result is a data point for optical interconnect demand.
Diodes is adding balance-sheet capacity via convertible notes. DIOD announced a proposed $325 million private placement of convertible senior notes. The capital raise sits in the power discrete and analog supply chain at a time of heavy server, automotive, and industrial demand.
AMAT reports today with an EPS estimate of $3.40. Applied Materials is a direct read on wafer-fab equipment demand, including memory and leading-edge capacity.
GDS reports today with an EPS estimate of $0.01102. GDS is an important China data center capacity indicator.
TSSI (TSS, Inc.) reports today with an EPS estimate of $0.05993. The infrastructure services and rack integration readout is a window into data center deployment velocity.
LGN (Legence Corp.) reports today with an EPS estimate of $0.3712. Legence is an energy-efficiency and building-systems read for data center fit-out activity.
SHMD reports Friday with no estimate on file. The report is a read on advanced packaging and process equipment demand.
HIVE reports Friday with an EPS estimate of -$0.21. The report is a marker for digital infrastructure operators transitioning toward AI and high-performance computing workloads.
NKLR reports Friday with an EPS estimate of -$0.065.
ASPI reports Friday with an EPS estimate of -$0.17.
Fed Hammack Speech leads the macro calendar this week.