WS #13141
Amazon surged ~13-15% on strong Q2 earnings with AWS growth 37% and capex raised to $220B, while Apple fell ~8-9% on weak guidance due to supply constraints, driving sector rotation. NXP Semiconductors in talks to acquire Ambarella for ~$3.3B, boosting AMBA shares and signaling consolidation in AI camera/computer-vision chips for self-driving cars.
Amazon vs Apple earnings divergence
Amazon surged ~13-15% on strong Q2 earnings with AWS growth 37% and capex raised to $220B, while Apple fell ~8-9% on weak guidance due to supply constraints, driving sector rotation.
NXP Semiconductors in talks to acquire Ambarella for ~$3.3B, boosting AMBA shares and signaling consolidation in AI camera/computer-vision chips for self-driving cars.