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Snowflake Jumps on Revenue Outlook, Uptake of AI Assistant

Bloomberg Technology Thursday 03 September 2026, 16:44 UTC 1 min read
Key Points

Snowflake shares jumped by the most in three months after the company raised its outlook for annual sales and touted rapid adoption of its AI-assisted coding tool. Bloomberg Intelligence Senior Tech Analyst Matt Bloxham discusses the outlook from Snowflake as well as Broadcom's AI chip forecast and Nvidia's move to buy Hugging Face.

Snowflake shares jumped by the most in three months after the company raised its outlook for annual sales and touted rapid adoption of its AI-assisted coding tool. Bloomberg Intelligence Senior Tech Analyst Matt Bloxham discusses the outlook from Snowflake as well as Broadcom's AI chip forecast and Nvidia's move to buy Hugging Face. (Source: Bloomberg)
Snowflake Jumps (PERSON) Revenue Outlook (ORG) Snowflake (ORG) AI (ORG) Bloomberg Intelligence Senior Tech (ORG) Matt Bloxham (PERSON) Broadcom (ORG) Nvidia (ORG) Bloomberg (PERSON)
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