Kunjan Sobhani
Kunjan Sobhani is a Bloomberg Intelligence semiconductor analyst covering the Americas. He analyzes semiconductor companies and AI-related hardware, including Nvidia.
Nvidia’s Revenue Outlook Beats Consensus as Margin Pressure Builds
Nvidia forecast fiscal third-quarter revenue above Wall Street’s consensus, but its gross-margin guidance fell short of expectations, shifting investor attention from demand to the rising cost of supplying AI systems. Bloomberg Intelligence semiconductor analyst Kunjan Sobhani argues that planned price increases are largely intended to offset higher wafer and memory costs, while Bloomberg Tech’s Ed Ludlow says Nvidia has yet to show how those costs and higher system prices will be divided across the company, server makers and customers.
SpaceX IPO Pitch Seeks $2 Trillion Valuation on AI and Mars
Bloomberg Technology’s Ed Ludlow framed SpaceX’s Nasdaq IPO filing as a test of whether public investors will underwrite Elon Musk’s farthest-reaching claims: a company seeking a valuation above $2 trillion, as much as $75 billion in proceeds and a $28.5 trillion addressable market built largely on AI, Starlink and Mars. Bloomberg reporters and guests said the filing asks investors to look past large losses, debt and Musk’s continuing control, while treating Starship and space-based infrastructure as central to the valuation case rather than speculative side projects. The program placed that pitch alongside Nvidia’s effort to prove AI demand is broadening beyond hyperscalers and possible OpenAI and Anthropic filings that could bring similar public-market scrutiny to frontier AI.
Nvidia Earnings Become a Test of the AI Infrastructure Boom
Bloomberg Technology framed Nvidia’s earnings as a test of whether the company can keep turning AI infrastructure spending into growth, rather than simply whether demand remains strong. Ed Ludlow and Bloomberg reporters said investors were looking for reassurance on supply constraints, China exposure and Nvidia’s moat as workloads shift toward inference, while the same program treated SpaceX’s prospective IPO and SoftBank’s $65 billion OpenAI exposure as evidence that AI is driving larger bets across public markets, private capital and the chip supply chain.