WS #13035
Samsung reports record Q2 operating profit of KRW 89.5tn (+1,813% YoY) driven by AI memory demand; completes LTA talks with top 5 data center customers; supply falls short of 2nm chip demand. Microsoft reports strong Q2 with Azure revenue up 43%, revenue $90B, EPS beat; after-hours stock up 7%+; signals moderation in AI capex spending. Meta reports EPS miss, weak guidance, FCF collapse to $784M; stock down 7%+ after-hours; high AI spending concerns investors.
Samsung Record Profit and AI Memory Demand
Samsung reports record Q2 operating profit of KRW 89.5tn (+1,813% YoY) driven by AI memory demand; completes LTA talks with top 5 data center customers; supply falls short of 2nm chip demand.
Microsoft reports strong Q2 with Azure revenue up 43%, revenue $90B, EPS beat; after-hours stock up 7%+; signals moderation in AI capex spending.
Meta reports EPS miss, weak guidance, FCF collapse to $784M; stock down 7%+ after-hours; high AI spending concerns investors.