WS #13132
Amazon's blowout Q2 (AWS +37%, capex $220B) drove a ~14% surge, while Apple fell ~9% on supply-chain shortages and services miss, splitting the Mag7 and validating AI capex. Samsung warns memory shortage to worsen through 2027-2028, Apple calls memory costs a '100-year flood', and Samsung/SK Hynix surged ~27-30% on KOSPI, signaling persistent memory inflation bullish for chipmakers. Nebius, Monolithic Power, DexCom, and Perella Weinberg rallied on strong earnings, while Amazon's capex raise and Microsoft's Azure growth validate AI infrastructure spending, supporting the AI complex.
Mag7 divergence: AMZN surge vs AAPL plunge
Amazon's blowout Q2 (AWS +37%, capex $220B) drove a ~14% surge, while Apple fell ~9% on supply-chain shortages and services miss, splitting the Mag7 and validating AI capex.
Samsung warns memory shortage to worsen through 2027-2028, Apple calls memory costs a '100-year flood', and Samsung/SK Hynix surged ~27-30% on KOSPI, signaling persistent memory inflation bullish for chipmakers.
Nebius, Monolithic Power, DexCom, and Perella Weinberg rallied on strong earnings, while Amazon's capex raise and Microsoft's Azure growth validate AI infrastructure spending, supporting the AI complex.