Alibaba has made 470,000 AI chips, admits they’re inferior and may always be

: Sees optimizing its entire cloud around homebrew silicon as the way to compete

The Register
Nvidia quarterly earnings show immunity to AI bubble fears as it cashes in on data center boom

Chipmaker’s quarterly earnings surpassed Wall Street’s expectations every quarter for multiple years now

The Guardian
Nvidia posts record gross margin of 75.2%, improving 1.6 percentage points quarter-on-quarter, underscoring robust profitability in the AI chip sector.
#YonhapInfomax #Nvidia #GrossMargin #QuarterlyResults #Profitability #AIChipMarket #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=106870
Nvidia's Gross Margin Rises to 75.2%—Up 1.6 Percentage Points from Previous Quarter

Nvidia posts record gross margin of 75.2%, improving 1.6 percentage points quarter-on-quarter, underscoring robust profitability in the AI chip sector.

Yonhap Infomax
Nvidia surpasses market expectations with quarterly earnings per share of $1.62, outpacing analyst forecasts of $1.53 and signaling robust performance in the tech sector.
#YonhapInfomax #Nvidia #EarningsPerShare #QuarterlyResults #MarketExpectations #TechSector #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=106861
Google parent earnings beat projections amid plans to invest deeply in AI

Alphabet reports $34.5bn profit and revenue soars 48% in recent quarter as it plans a sharp increase in AI spending

The Guardian
Big tech results show investor demand for payoffs from heavy AI spending

Meta wowed Wall Street with improvements in ad targeting fueled by AI alongside huge investment. Microsoft had less to show for its billions spent

The Guardian
Apple surpasses market forecasts with quarterly earnings per share of $2.84, outpacing analyst expectations of $2.67 and signaling robust performance.
#YonhapInfomax #Apple #EarningsPerShare #QuarterlyResults #MarketExpectations #FinancialPerformance #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=102933
Apple Reports Quarterly EPS of $2.84, Beating Expectations of $2.67

Apple surpasses market forecasts with quarterly earnings per share of $2.84, outpacing analyst expectations of $2.67 and signaling robust performance.

Yonhap Infomax
Big tech results show investor demand for payoffs from heavy AI spending

Meta wowed Wall Street with improvements in ad targeting fueled by AI alongside huge investment. Microsoft had less to show for its billions spent

The Guardian
Microsoft surpasses market expectations with quarterly earnings per share of $4.14, outpacing analyst forecasts of $3.97 and signaling robust financial performance.
#YonhapInfomax #Microsoft #EarningsPerShare #QuarterlyResults #MarketExpectations #FinancialPerformance #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=102621
Microsoft Reports Quarterly EPS of $4.14, Beating Estimates of $3.97

Microsoft surpasses market expectations with quarterly earnings per share of $4.14, outpacing analyst forecasts of $3.97 and signaling robust financial performance.

Yonhap Infomax
Tesla discontinues Model X and S vehicles as Elon Musk pivots to robotics

High hopes for Optimus robot help company beat forecasts despite yearly revenue decline and flailing car business

The Guardian