The Daily Receipts

Alibaba is pouring more cash into AI and cloud infrastructure than any prior quarter. Capital expenditure for the three months ended 30 June 2026 rose 75% year-over-year to Alibaba's Q1 FY2027 capex: RMB67.68 billion (US$9.975 billion), up 75% YoY from RMB38.68 billion

US electricity consumption had been nearly flat for over a decade, and now data center buildout is pushing it to new records. The EIA's September 2026 outlook forecasts total US electricity sales will reach US electricity sales projected to hit a record 4,135 billion kWh in 2026, driven largely by data centers, per the EIA

Epoch AI tracked the computing power used to train the largest AI systems built since 2010, and found that from one year to the next, that training compute has been multiplying by about Training compute for frontier AI models has grown roughly 5.3x per year since 2010, per Epoch AI

AI-driven demand for power ICs and analog chips is soaking up capacity at older 8-inch wafer fabs, not just leading-edge nodes. TrendForce says average global 8-inch utilization has climbed to 8-inch foundry utilization climbed to 88% in 2026, up from 75-80% a year earlier, per TrendForce

Memory makers can't keep up with AI accelerator demand for HBM, and TrendForce just revised its 2027 price outlook higher again. It now projects the blended average selling price of HBM chips will rise HBM blended average selling price projected to jump 121% year-over-year in 2027, per TrendForce (29 Sep 2026)

Micron Technology's fiscal fourth-quarter 2026 revenue, for the quarter ended 3 September 2026, hit $54.23 billion in revenue, up 379% year-over-year