WS #13478
AMD's strong Q2 (revenue +50%, data center +100%) but post-earnings selloff, Arista's blowout quarter, and BNP warning on US ban on Chinese AI components affecting NVDA, AVGO, MRVL. Alphabet reshuffles AI leadership with Hassabis becoming chief scientist and Jeff Dean leaving, causing GOOGL to drop 4%, while reports of a $1.5B deal with AI startup Mechanize emerge. SpaceX reports 92% revenue growth to $7.8B but heavy capex of $18.4B and net loss, leading to a 12% premarket drop and concerns about AI spending.
Semiconductor Earnings and AI Capex
AMD's strong Q2 (revenue +50%, data center +100%) but post-earnings selloff, Arista's blowout quarter, and BNP warning on US ban on Chinese AI components affecting NVDA, AVGO, MRVL.
Alphabet reshuffles AI leadership with Hassabis becoming chief scientist and Jeff Dean leaving, causing GOOGL to drop 4%, while reports of a $1.5B deal with AI startup Mechanize emerge.
SpaceX reports 92% revenue growth to $7.8B but heavy capex of $18.4B and net loss, leading to a 12% premarket drop and concerns about AI spending.