Personal Tech — Wednesday, November 4, 2026

US midterm results Nov 3

• 33 of 41 local data-center measures passed or leading across 10 states
• Texas Gov race Gina Hinojosa beats Greg Abbott on moratorium promise
• Georgia Keisha Lance Bottoms wins on pause
• Ohio Amy Acton beats Vivek Ramaswamy
• ~27% of planned US data-center GW in Texas
• Evercore warns restrictive environment weighs on AI names
• ~$900B AI capex cycle faces political speed bump
• Meta $15B five-part bond sale for AI infrastructure

AMD Q3 2026 (Nov 3)

• total revenue up 45% YoY
• data-center revenue nearly doubled, 64% of sales vs 47% a year ago
• EPYC + Instinct MI450 in Helios systems at Anthropic, Meta, Microsoft, OpenAI, Oracle
• Q4 guide ~$17B vs $16.2B consensus
• shares +8% after hours
• $1.07B non-cash warrant charge for Meta/OpenAI chip deals (Meta up to $60B chips/5 years, warrants up to 10%)
• purchase commitments $48.8B, $33.4B due by end 2027
• acquiring Taalas ~$2.9B incl up to $1.4B contingent for AI inference chips

Oracle cancels $7B 5-year Tencent chip lease (up to 100,000 chips, Southeast Asia data centers) after Trump administration pressure, per FT

• Nvidia reportedly told cloud clients at least 51% of services sold to non-Chinese firms
• Bloomberg: Alibaba/Tencent/ByteDance ordered 6M Nvidia RTX Pro 5500 chips ($70B) but expect only ~1% in next four months, ~700,000 by end 2027

Funding

• Tutor Intelligence $75M Series B led by Andreessen Horowitz (warehouse robots, total $117M)
• Larridin $30M Series A (enterprise AI measurement)
• nPhase $30M (clinical research software)
• Lumaril $66M Series A (Elad Gil)
• Trajectory $45M Series A (Sequoia)
• 42AI $62.5M seed

STMicroelectronics STM32H7P MCU launch Nov 4 in Geneva

• edge AI hardware, fault detection 40x faster, price parity, sampling now, volume Jan 2027

Look ahead

• Apple Intelligence China developer beta Nov 4 via Alibaba Qwen, public iOS rollout in December

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