Nvidia shareholders will focus on the company’s Sept. 10 presentation for indications about its product roadmap, AI infrastructure spending, pricing and supply constraints. The event follows a fiscal second-quarter report showing revenue up 106% to $96 billion and net income up 126% to $59 billion. Data center revenue contributed $89 billion, highlighting Nvidia’s transition from gaming hardware toward enterprise AI systems powered by its GPUs, or graphics processing units. Nvidia reportedly told customers it plans to raise prices by more than 15% on chips and systems shipped early next year, citing higher memory costs. The increases are expected to affect the Grace Blackwell and Vera Rubin lines, with adjustments varying by chip generation and memory configuration. Intel is also planning roughly 10% CPU price increases this fall, according to DigiTimes, its third increase this year as it seeks to protect gross margins. Broadcom shares rose as much as 4.1% and were up about 3.1% in afternoon trading, as investors considered whether it could follow larger rivals with price increases. Broadcom trades at 32 times forward earnings after reporting 86% year-over-year revenue growth and a 221% increase in AI-related revenue. Rising HBM, or high-bandwidth memory, and DRAM costs remain a major pressure on semiconductor margins. Goldman Sachs analysts said Micron and SanDisk were beginning to move above downtrends that lasted much of the summer, describing the gains as early-stage technical improvements. Micron’s Sept. 30 earnings report is another potential market catalyst, while SK Hynix and Samsung Electronics have also gained in Asian trading. Micron, AMD and Nvidia rose more than 1% in Tuesday’s pre-market session, and Intel gained more than 4%, despite weaker U.S. stock futures and oil prices approaching $100 a barrel amid renewed Middle East tensions. TipRanks’ Stock Comparison Tool shows Strong Buy consensus ratings for Micron, AMD and Nvidia, while Intel is rated Hold. Micron has projected upside of 52.93% based on an average price target of $1,554.67, followed by AMD at 35.52%; Nvidia’s projected upside is 41.18% with an average target of $325.23, while Intel’s implied upside is 21.41%. Nvidia has also agreed to buy Hugging Face for approximately $12.93 billion, expanding its presence in software and developer tools for building AI models. CEO Jensen Huang said OpenAI’s GPT-6 Astra was trained on more than 100,000 Nvidia Grace Blackwell systems and that another 400,000 GPUs are coming online. Nvidia shares are up about 20% this year, trailing the triple-digit gains of AMD, Intel and Micron as some investors rotate toward AI-related chipmakers that lagged during the first phase of the boom. Intel Foundry and ASML said more than 1 million wafers have been processed using High-NA EUV technology, which Intel is deploying on its 18A process for the Panther Lake chip. Nvidia’s top five customers are forecast to spend $1.3 trillion on capital expenditures next year, making management’s comments on the pace and durability of that spending a key focus. The broader industry is balancing exceptionally strong AI-computing demand against rising memory costs, with price increases offering chipmakers a way to defend margins. Whether that pricing power continues will depend on memory-cost trends and the expansion of AI infrastructure budgets through the next earnings cycle.