🔔 The Daily Semi-Cap — October 2, 2026
📊 SMH: $630.60 (+2.07%)
📈 Earnings:
• No new semiconductor earnings released today.
🔥 Major Developments:
• Amazon is exploring an $8B sale-leaseback of Nvidia Grace Blackwell systems already installed across more than a dozen U.S. data centers, using an investor-funded vehicle to preserve AI buildout capacity while shifting hardware ownership off its balance sheet.
• Toshiba plans to invest roughly ¥60B to double hard-drive production capacity for AI data centers by fiscal 2027, its first major HDD expansion in about five years; Seagate and Western Digital each fell roughly 10% on the supply news.
• Palantir named Armada its inaugural Certified Modular Data Center Partner, pairing Palantir’s Sovereign AI Operating System with U.S.- and allied-made modular infrastructure that can run on-grid, off-grid, or fully air-gapped.