J P M O R G A N North America Credit Research 17 August 2026 Technology & Telecom Weekly CNDT, RAX, AMKR, COHR, PSFE, NVDA, CRWV, NBIS, ZENARC, CORZ, TITIM, and CCOI Last week things started to slow down, and the AI trade found some relief following strong neocloud prints, which serve as bellwethers within the space. CRWV posted a solid second quarter that demonstrated margin improvement, lending credibility to the business model, and NBIS followed up with a print that beat across all metrics. Elsewhere wit ...