Nvidia's supplier stocks, including Applied Optoelectronics, AXT, and Sandisk, plummeted up to 17% on Monday, exposing risks across the AI hardware supply chain. This significant drop contrasts with Nvidia's relatively stable 1.04% decline.
The market is selling off companies whose margins depend on Nvidia's order timing, while leaving Nvidia largely intact. Investors are positioning ahead of Nvidia's fiscal second-quarter results, due on August 26.
Several AI-related stocks are seeing significant action today, including Salesforce (CRM), Tesla (TSLA), and Cloudflare (NET). These stocks have short-term trade ideas, conviction scores, and probability estimates.
AI infrastructure stocks, including CoreWeave and Super Micro Computer, surged after delivering upbeat forecasts. The demand for AI computing capacity is driven by the increasing adoption of AI technologies across industries. The AI infrastructure market is expected to reach $10.2 billion by 2025.
Cloudflare recently open-sourced its chatbot, Cloudflare OS, built on a capability-based model. The platform provides a secure environment for users to create custom business tools without risking data leakage.
A Chinese-speaking cybercrime group, UAT-10147, is using AI-powered tools to conduct attacks on Windows and Linux web servers globally. The group is involved in SEO fraud and data theft, and is integrating AI into its attack cycle to facilitate exploitation and reconnaissance.
Australian Prime Minister Anthony Albanese warned that the country's living standards are at risk if it doesn't attract investment in AI and data centers. The government plans to introduce a national standard for AI, including minimum obligations for data centers around water and energy usage.
Tesla's AI chip plans have taken a hit with the departure of a key engineer, Shishuang Sun, who worked on hardware for Dojo and Autopilot. Sun's departure could create schedule and execution risk for Tesla's AI roadmap.
The AI data wars have begun, with Google, Mercor, and Micro1 bidding for Spirit Airlines' internal archives. The data could be valuable for training advanced AI models, and the winner will set a precedent for treating company data as a valuable asset in bankruptcy.
Key Takeaways
• Nvidia suppliers see stock plummet as AI hardware demand wavers.• AI-related stocks, including CRM, TSLA, and NET, see significant action.
• AI chip stocks tumble before Nvidia earnings.
• AI infrastructure stocks surge on demand, expected to reach $10.2 billion by 2025.
• Cloudflare open-sources its chatbot, Cloudflare OS.
• Chinese cybercrime group uses AI for attacks.
• Australia's AI growth hinges on investment.
• Tesla faces setback in AI chip plans.
• AI data wars heat up with Google, Mercor, and Micro1 bidding for Spirit Airlines' archives.
• NANO Nuclear Energy announces pact for AI-focused data centers.
Nvidia suppliers see stock plummet as AI hardware demand wavers
Nvidia's supplier stocks, including Applied Optoelectronics, AXT, and Sandisk, plummeted up to 17% on Monday, exposing risks across the AI hardware supply chain. This significant drop contrasts with Nvidia's relatively stable 1.04% decline. The market is selling off companies whose margins depend on Nvidia's order timing, while leaving Nvidia largely intact. Investors are positioning ahead of Nvidia's fiscal second-quarter results, due on August 26.
Top AI stock picks for today: CRM, TSLA, and NET
Several AI-related stocks are seeing significant action today, including Salesforce (CRM), Tesla (TSLA), and Cloudflare (NET). These stocks have short-term trade ideas, conviction scores, and probability estimates. For example, CRM has an 8/10 conviction score and a target of $230. TSLA has a 7/10 conviction score and a target of $392.
AI chip stocks tumble before Nvidia earnings
AI chip stocks, including Micron Technology and MongoDB, saw significant declines on Monday. Micron fell 5.83% due to patent concerns, while MongoDB dropped 6.53% ahead of its earnings report. Super Micro Computer and Ouster Inc. also saw declines. The selloff occurred as investors await Nvidia's earnings report on Wednesday.
AI infrastructure stocks surge on demand
AI infrastructure stocks, including CoreWeave and Super Micro Computer, surged after delivering upbeat forecasts. The demand for AI computing capacity is driven by the increasing adoption of AI technologies across industries. The AI infrastructure market is expected to reach $10.2 billion by 2025.
Industrial stocks surge on AI infrastructure demand
Industrial stocks have surged to the top of the S&P 500, driven by the growing demand for AI infrastructure. The sector's forward earnings multiple has risen to 24.7. Companies in the industrial sector are experiencing a significant boost in their stock prices due to the increasing adoption of AI technology.
Cloudflare's open-source AI platform
Cloudflare recently open-sourced its chatbot, Cloudflare OS, built on a capability-based model. The platform provides a secure environment for users to create custom business tools without risking data leakage. Cloudflare employees have used the platform to build over 4,000 tools and seen significant productivity gains.
Chinese cybercrime group uses AI for attacks
A Chinese-speaking cybercrime group, UAT-10147, is using AI-powered tools to conduct attacks on Windows and Linux web servers globally. The group is involved in SEO fraud and data theft, and is integrating AI into its attack cycle to facilitate exploitation and reconnaissance.
Australia's AI growth hinges on investment
Australian Prime Minister Anthony Albanese warned that the country's living standards are at risk if it doesn't attract investment in AI and data centers. The government plans to introduce a national standard for AI, including minimum obligations for data centers around water and energy usage.
Promising AI stocks to watch
Several AI-related stocks are showing promise, including Tempus AI, Hut 8, SoundHound AI, Upstart, and WhiteFiber. These companies are involved in various AI technologies, such as machine learning and natural language processing.
Tesla faces setback in AI chip plans
Tesla's AI chip plans have taken a hit with the departure of a key engineer, Shishuang Sun, who worked on hardware for Dojo and Autopilot. Sun's departure could create schedule and execution risk for Tesla's AI roadmap.
AI data wars heat up
The AI data wars have begun, with Google, Mercor, and Micro1 bidding for Spirit Airlines' internal archives. The data could be valuable for training advanced AI models, and the winner will set a precedent for treating company data as a valuable asset in bankruptcy.
LLM-as-Judge systems
Researchers have tested LLM-as-Judge systems, which produce multi-dimensional evaluations, including trustworthiness and factuality. The study found that current LLM-as-Judge protocols should not treat trust scores as independent evidence for truth judgments.
NANO Nuclear Energy's AI data center pact
NANO Nuclear Energy has announced a non-binding agreement with Tillman Global Holdings to deploy its KRONOS microreactor energy systems at AI-focused data centers. The deal could potentially expand into international markets.
Sources
- Nvidia’s Supplier Selloff Exposes Rising Risk Across the AI Hard
- AI Stock Picks Today: CRM, TSLA, NET trade ideas August 24, 2026
- Micron and MongoDB Sink as AI Chip Complex Buckles Before Nvidia Earnings, SOXX -2.67%
- AI Infrastructure Stocks Surge: How Long Can CoreWeave (CRWV) and Super Micro Computer (SMCI) Keep It Up?
- Industrial Stocks Surge on AI Infrastructure Demand
- Cloudflare OS: Cloudflare's Open-Source Corporate AI Platform Built on a Capability-Based Model
- UAT-10147 Uses AI to Scale Server Attacks, Deploys SPECTRE With EDR Bypass and Linux Rootkit
- What Aussie AI boom hinges on
- Promising Artificial Intelligence Stocks To Follow Now
- Tesla Just Took a Blow to Its AI Chip Plans
- AI Data Wars Begin As Google, Mercor And Micro1 Bid For Spirit’s Data
- When Trust Meets Truth: Trust-Truth Separability in LLM-as-Judge
- NANO Nuclear Energy (NNE) Is Down 6.7% After AI Data Center Microreactor Pact With Tillman
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