Artificial Intelligence and Semiconductor Industry - NVIDIA reported a blowout quarter with stock rising about 7% to 8% in premarket trading, driven by a bullish sales outlook and strong artificial intelligence spending [9][12][44][46] - NVIDIA expects revenue to grow by approximately 70% in fiscal 2028, with margins bottoming out at around 71% to 73% in the fourth quarter [12][15][16] - Goldman Sachs forecasts spending on AI infrastructure data centers through 2030 to top $5 trillion [17] - Memory chips continue to be a key bottleneck pressuring profits and hardware costs, impacting companies like HP which saw its stock drop about 8% to 10% [3][10][47][78] Software and Technology Sector - Salesforce shares rose more than 11% following a bullish outlook and a deeper collaboration with Anthropic [9][46] - Cybersecurity company CrowdStrike benefited from strong demand for cybersecurity defenses in the age of artificial intelligence [10][46] Macroeconomics and Central Banks - Central bank officials gathered for the Kansas City Fed Jackson Hole Economic Symposium, with core Personal Consumption Expenditures hanging around 2.3% to 3.2% [1][30][31] - The U.S. Treasury announced plans to auction off $44 billion of seven-year notes [85]