WS #13437
SpaceX's first earnings report showed capex of $18.4B (vs ~$13B expected), with 80%+ going to AI, causing the stock to fall ~7.5% after hours and raising concerns about AI spending sustainability across the sector. Reports that the US is drafting a ban on Chinese data center services and Samsung/SK Hynix testing Chinese chip tools as hedge against US risks, causing Chinese optical transceiver makers to slump and raising supply chain concerns.
AI Capex Concerns Post SpaceX Earnings
SpaceX's first earnings report showed capex of $18.4B (vs ~$13B expected), with 80%+ going to AI, causing the stock to fall ~7.5% after hours and raising concerns about AI spending sustainability across the sector.
Reports that the US is drafting a ban on Chinese data center services and Samsung/SK Hynix testing Chinese chip tools as hedge against US risks, causing Chinese optical transceiver makers to slump and raising supply chain concerns.