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Publication Date: 2026-02-26 11:22:00
New York, Feb 26, 2026, 05:50 EST — Premarket
- NTNX surged roughly 22% ahead of the bell, after AMD said it would pick up $150 million in shares and support a joint enterprise AI platform initiative.
- Nutanix reported second-quarter revenue at $722.8 million, with annual recurring revenue coming in at $2.36 billion. For fiscal 2026, the company is targeting revenue in the range of $2.80 billion to $2.84 billion.
- The company flagged supply-chain snags are pushing out server lead times, which could bump some revenue and cash flows to a later period.
Shares of Nutanix surged 22% before the bell Thursday, with the cloud software company unveiling an AI tie-up with Advanced Micro Devices alongside its latest quarterly numbers. By 5:39 a.m. EST, the stock had risen $8.57 to $47.01, climbing from Wednesday’s $38.44 close. (StockAnalysis)
Investors are pushing the AI trade deeper, stretching past chipmakers into the software and infrastructure companies that power large-scale model deployments. Nvidia’s results helped spark a tech surge on Wednesday, driving that trend further into focus. (Reuters)
AMD and Nutanix plan to co-develop a full-stack, open AI infrastructure platform focused on “agentic AI”—systems designed for planning and executing tasks—rolled out across data centers, hybrid environments, and edge locations. AMD is putting $150 million into Nutanix stock at $36.26 per share, plus up to $100 million more for engineering and…
