Vanguard Information Tech ETF News - August 2026
SK hynix launches record $29B buyback, citing undervalued AI growth potential
SK hynix will repurchase and cancel 40 trillion won ($29 billion) of its own shares. This transaction represents the largest share buyback in South Korean...
NVIDIA invests $1.5B in Ohio AI campus to power OpenAI
NVIDIA and SB Energy have secured land and power in Pike County, Ohio, to develop a massive AI data center campus. OpenAI will serve as the primary tenant,...
Nvidia Halves OpenAI Data Center Guarantee to $120B, Citing Financial Risk
Nvidia reduced its planned financial guarantee for a massive OpenAI data center in Ohio, according to the Wall Street Journal. The chipmaker cut the initial...
NVIDIA launches $500B AI financing platform, turning chips into financeable assets
NVIDIA partnered with six major Wall Street firms, including BlackRock, Goldman Sachs, and KKR. The alliance aims to mobilize over $500 billion in third-party...
Applied Materials reports Q3 earnings, testing AI demand after 100% stock rally
Applied Materials reported fiscal third-quarter earnings after the market close on August 13, 2026. Analysts projected record results with consensus revenue...
NVIDIA leads $500B financing alliance to accelerate global AI infrastructure
NVIDIA formed a $500 billion financing alliance with six major investment firms, including Apollo, Blackstone, and BlackRock. This capital pool funds AI...
Nvidia secures $500 billion Wall Street alliance, funding global AI infrastructure
Nvidia signed memorandums of understanding with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR. The partnership aims to mobilize over $500...
Amazon builds 7.65GW gas plant, bypassing grid to fuel AI growth
Amazon is financing a 7.65-gigawatt natural gas power plant in Texas. This facility will provide dedicated electricity for an off-grid AI data center. Amazon...
AI Earnings Bonanza Lifts VGT to a 9.7% Weekly Gain — But Can Software and Chip Profits Sustain a $3.5 Trillion Tech Comeback?
Shares surged as a wave of blowout AI earnings swept through the technology sector on August 4, pushing VGT up 3.1% to $118.70 and capping a blistering 9.7%...
🟢 VGT is trading 3.1% up today on strong AI earnings and upbeat semiconductor guidance
VGT is trading 3.1% up today as the broader technology sector surges on strong AI-related earnings and upbeat guidance from major software and semiconductor...
Amazon Surges 12% on Record AWS Growth, Hikes AI Spending to $220B
Amazon reported record second-quarter financial results. Amazon Web Services (AWS) revenue grew 36.7% year-over-year, marking its fastest expansion in 18...