--- title: "Axe Compute's USD 1.5B AI Contract Headlines Cross-Sector Financial Overhaul" type: "News" locale: "en" url: "https://longbridge.com/en/news/294938652.md" description: "Axe Compute's USD 1.5B AI contract highlights a flurry of strategic corporate moves, while Mattel, Hoya, and Babcock & Wilcox posted robust quarterly earnings, signaling financial resilience across niche sectors." datetime: "2026-08-05T09:12:58.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294938652.md) - [en](https://longbridge.com/en/news/294938652.md) - [zh-HK](https://longbridge.com/zh-HK/news/294938652.md) --- # Axe Compute's USD 1.5B AI Contract Headlines Cross-Sector Financial Overhaul Axe Compute Inc (AGPU.US) secured a USD 1.5 billion AI infrastructure contract in late July, headlining a quarter of aggressive capital deployment and robust earnings growth among niche technology, healthcare, and energy players, according to people familiar with the companies' operations. ### Axe Compute & Sequans Communications AI infrastructure builder Axe Compute is targeting an annualized run rate of approximately USD 696 million after landing a five-year dedicated NVIDIA Blackwell B300 GPU contract. This pushes its 2026 total contracted value past USD 3.0 billion. Meanwhile, IoT semiconductor provider Sequans Communications (SQNS.US) reported Q2 2026 revenue of USD 7.5 million. Although total revenue dipped 8.4% year-over-year, product sales surged 83.7%. The company also optimized its balance sheet by fully redeeming its convertible debt and trimming its bitcoin holdings to 314 BTC. ### Babcock & Wilcox Enterprises & AMCI ACQUISITION CORP II Energy and environmental tech firms are ramping up shareholder returns. Babcock & Wilcox Enterprises (BW.US) generated Q1 2026 total revenue of USD 214.4 million, a 44% year-over-year increase, and subsequently authorized a USD 50 million share repurchase program. The decarbonization-focused SPAC, AMCI ACQUISITION CORP II (AMCI.US), previously finalized its merger with LanzaTech in a deal valuing the carbon-capture entity at roughly USD 2.4 billion, underscoring sustained market interest in alternative fuels. ### Mattel Inc & Hoya Corp Consumer and life-care segments showcased solid top-line figures. Toymaker Mattel Inc (MAT.US) posted Q2 2026 net sales of USD 1.125 billion, a 10% gain driven by owned IP and digital gaming, while reaffirming its full-year adjusted EPS forecast of USD 1.27 to USD 1.39. Hoya Corp (HOCPY.US) reported a record 16.0% revenue increase in Q1 2026 to JPY 255.7 billion, fueled by a 13% expansion in its life care division. ### Calidi Biotherapeutics Inc & Tenax Therapeutics Inc Clinical-stage biotech firms are bracing for pivotal catalysts. Calidi Biotherapeutics Inc (CLDI.US) initiated a 1:16 reverse stock split in July 2026 to restructure its equity baseline as it advances its CLD-401 program. Tenax Therapeutics Inc (TENX.US) nearly doubled its Q2 2026 R&D expenses to USD 12.9 million compared to the previous year, setting the stage for the August readout of its phase 3 LEVEL clinical trial for heart failure therapies. ### Ryde Group Ltd & Fangdd Network Group Ltd Regional platform operators are navigating strategic partnerships. Singapore-based mobility app Ryde Group Ltd (RYDE.US) signed a memorandum of understanding with UISEE in July to explore autonomous vehicle capabilities. In the digital real estate space, Fangdd Network Group Ltd (DUO.US) is maintaining its transaction service operations amid broader macro property cycles. _This article does not constitute investment advice._ ### Related Stocks - [AMCI.US](https://longbridge.com/en/quote/AMCI.US.md) - [AGPU.US](https://longbridge.com/en/quote/AGPU.US.md) - [DUO.US](https://longbridge.com/en/quote/DUO.US.md) - [CLDI.US](https://longbridge.com/en/quote/CLDI.US.md) - [TENX.US](https://longbridge.com/en/quote/TENX.US.md) - [SQNS.US](https://longbridge.com/en/quote/SQNS.US.md) - [BW.US](https://longbridge.com/en/quote/BW.US.md) - [RYDE.US](https://longbridge.com/en/quote/RYDE.US.md) - [MAT.US](https://longbridge.com/en/quote/MAT.US.md) - [HOCPY.US](https://longbridge.com/en/quote/HOCPY.US.md) ## Related News & Research - [Mattel swings to Q2 net loss as tariffs, inflation squeeze margins despite higher sales](https://longbridge.com/en/news/294871062.md) - [Funko (FNKO) Q2 Earnings: What To Expect](https://longbridge.com/en/news/294904572.md) - [Mattel (MAT) Projected to Release Earnings on Tuesday](https://longbridge.com/en/news/294012446.md) - [Babcock (BW) to Announce Earnings on Monday](https://longbridge.com/en/news/294702625.md) - [Tenax Therapeutics Q2 net loss widens on higher R&D costs](https://longbridge.com/en/news/294503404.md)