Chipmakers extend rally as data-center orders beat expectations
Supply commitments through 2027 point to sustained demand for accelerated compute, with hyperscaler capex guidance revised upward again.
Caterpillar Inc.
$388.24+1.71%
$388.24+1.71%
Caterpillar manufactures construction and mining equipment, off-highway engines and industrial turbines, and provides financing and aftermarket support.
Caterpillar manufactures construction and mining equipment, off-highway engines and industrial turbines, and provides financing and aftermarket support.
Supply commitments through 2027 point to sustained demand for accelerated compute, with hyperscaler capex guidance revised upward again.
Installed-base monetisation continues to offset flat hardware units, with gross margin at the top of guidance.
Two additional fill-finish sites received clearance, shortening lead times in the US and EU markets.
The interesting part of this print isn't the top line, it's that gross margin held while mix shifted toward the lower-margin segment.