Nvidia’s revenue is becoming increasingly concentrated among a few gigantic customers
Buried in the bowels of annual report from this afternoon is an interesting factoid: more than one-third of its whopping $130.5 billion of revenue in the latest year came from just three customers. Fo...
Apple’s Trump strategy is the same as its strategy for smartphone dominance
Today Apple announced it would be spending $500 billion to expand its manufacturing and AI footprint in the US. It’s a big round number carefully doled out over President Donald Trump’s four years in ...
Suddenly Alibaba’s new $53 billion commitment to AI doesn’t seem all that huge
Chinese e-commerce company wants to become an AI company, and it’s putting its money where its mouth is. Over the next three years, it’s committing $53 billion to AI infrastructure, including data ce...
The new age of ad-supported AI, brought to you by DeepSeek
DeepSeek’s splash onto the scene with a lower cost and comparable AI model last month caused a moment of reckoning for the industry. While major competitors haven’t yet reversed course on their huge A...
Wall Street is scrambling to get up to date about the TD Cowen note on Microsoft
One way you can tell that Wall Street is rushing to get caught up on the TD Cowen note about being potentially oversupplied on data centers: they’re flooding to the bio page of Michael Elias, the lea...
TD Cowen warns that Microsoft might already have too many data centers
Microsoft’s boom in AI data center spending may have gotten out over its skis, according to a TD Cowen report published Friday that’s causing aftershocks across Wall Street and all the way over in Eur...
Why Amazon has to “keep reducing costs”
“We have to keep reducing costs so that we can afford the big investments in big new businesses,” retail CEO Doug Herrington told employees during an all-hands meeting last month, according to a reco...
Super Micro surges on progress hitching its wagon to Nvidia’s rocket ship
The ramp higher in shares of continues as traders continue to hope that a rapidly approaching hurdle will be cleared, allowing for rapid growth in revenues as the AI data center boom displays staying...
Dell shares get a boost on reports of $5 billion deal to sell servers to Musk’s xAI
isn’t just a company that sells work laptops with excessive McAfee pop-ups. Bloomberg reports that the PC powerhouse is close to striking a $5 billion deal to sell AI-optimized servers containing sem...
Micron slumps after CFO’s margin warning raises alarm about its AI data center business
Shares of are tumbling after CFO Mark Murphy declined to provide fresh guidance for the chipmaker’s next earnings report, but warned that margins would be squeezed thereafter. “We have no change to o...
Super Micro “believes” it will stay listed on the Nasdaq, taking the sting out of bad guidance
Let’s start with the bad news: posted preliminary financial information for the final three months of 2024 that was considerably weaker than Wall Street anticipated. The server company now sees adjus...
Super Micro’s supercharged rally sputters ahead of “business update”
Traders are taking some chips off the table ahead of a business update from the highly volatile former AI darling after the close on Tuesday. It’s a note of caution returning after investors got exci...
OpenAI reportedly nears a milestone on its own custom chips
powerful GPUs have fueled today’s AI boom. The biggest tech companies have been hoarding those chips as they compete to train larger and larger AI models. But no company likes a monopoly, which is why...
The AI-induced margin squeeze at Microsoft, Meta, Alphabet, and Amazon
The biggest US tech companies doubled , tripled , and quadrupled down on their plans to spend billions on their AI build-outs. By and large, markets don’t seem too impressed by that strategy . “Price ...
Macron pledges gigawatt of nuclear power for AI
In the race to build ever-larger super-mega-jumbo AI data centers , one thing can set you apart from the pack: cheap, plentiful energy. France produces a surplus of electricity from its 57 nuclear rea...
Even earthquakes can’t rattle TSMC’s earnings outlook
The seismic demand for high-powered chips to facilitate the AI boom is more powerful than actual seismic activity. That’s the read from , which said that a 6.4-magnitude earthquake that struck Taiwan ...
Amazon plans on spending more than $100 billion on capex in 2025
While Q4 earnings may have disappointed investors with some gloomy guidance for the current quarter, its plans for 2025 are grand indeed. In the past few weeks, all of Big Tech has been revealing the...
“Retail traders are breaking all records,” says JPMorgan
Deep attachment to the AI boom and bets that Big Tech’s ties to the Trump administration will pay off have chummed the waters for the increasingly involved ranks of retail stock traders, with their ac...
Unpacking Alphabet’s $75 billion capex plans
Investors were disappointed with Q4 earnings yesterday , evidenced by the stock’s subsequent tumble. While Alphabet delivered fairly strong earnings, the issue was a slowdown in revenue growth. Sales ...
Broadcom booms on Alphabet’s massive capex surprise
’s earnings report isn’t impressing its shareholders one bit — but it is providing a big lift for one of its key suppliers. Shares of are catching a bid in the after-hours session after Alphabet, whi...