Tag: AI Capex
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Tesla Q3 2026 Earnings: A 48 Cent Beat, a 56 Per Cent Profit Fall and the Super Intelligence Pivot
Tesla Q3 2026 earnings beat consensus on 48 cents while operating income fell 56 per cent and free cash flow dropped 62 per cent, as spending pivots to super intelligence compute. Inside the quarter the market sold: the capex cut that was not a cut, the storage miss and the robotaxi clock.
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TSMC Q3 2026 Earnings: A $46.7 Billion Record Sold Into the Chip Rout
TSMC Q3 2026 earnings set records on every line: $46.7 billion of revenue, profit up 69 per cent, HPC at 68 per cent of sales and a guide implying 58 per cent growth. The shares slipped anyway. Inside the strongest print of the AI cycle and the week that refused to reward it.
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The AI Debt Selloff: Eight Red Days for Chips and a Bond Market That Said No
Chip stocks fell for eight straight sessions, the longest run since 2008, as CoreWeave bonds neared 16 per cent and the Kospi crashed 7.6 per cent. Inside the week the bond market set the price of the AI trade: the half-trillion-dollar debt stack, the three tiers of balance sheet, and why a CPI print lit…
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Micron Q4 Earnings: An 87 Per Cent Margin, a $54 Billion Quarter and a Market That Would Not Chase It
Micron’s fiscal Q4 delivered $54.2 billion of revenue, an 87 per cent gross margin and a tenfold rise in net income, yet the shares barely moved. Inside the memory supercycle’s purest test: pricing-led growth, a rising capex bill and the question of duration.
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The Anthropic IPO Prospectus: A $2 Trillion Question Priced in $42 Billion of Losses
Press reports of Anthropic’s IPO prospectus reveal revenue of $4.6 billion, a $42 billion net loss driven by a $34 billion accounting charge, and $518 billion of compute commitments. Inside the document that turns the AI boom’s assumptions into audited numbers, and the $2 trillion question it poses.
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The AI Safety Selloff: The Week the Builders Asked to Slow Down
Anthropic’s Dario Amodei called for slowing frontier AI development, Altman and Musk agreed, and the Philadelphia Semiconductor Index fell 5.9 per cent in a day. Inside the AI safety selloff: the doomsday trade’s strange shape, the OpenAI cash question and the new pacing risk premium.
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Broadcom AI Revenue Tripled to $16.7 Billion. The Stock Fell Anyway.
Broadcom grew AI semiconductor revenue 221 per cent to $16.7 billion, printed a record $29.6 billion quarter and $13.7 billion of free cash flow, then fell around 5 per cent on a guidance figure seven tenths of one per cent light. Inside the grading curve the market now applies to the AI trade.
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Nvidia Q2 Earnings: The $96 Billion Quarter the Market Finally Bought
Nvidia grew revenue 106 per cent to $96.2 billion, guided $4 billion above consensus and tripled its AWS order book, then told investors margins are heading down before they head up. Inside the first Nvidia print in a year the market chose to buy.
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CoreWeave Q2 2026 Earnings: The $104 Billion Backlog and the $640 Million Interest Bill
CoreWeave doubled revenue to $2.58 billion and grew its backlog 246 per cent to $104 billion. It also paid $640 million in interest, which is what turned a profitable operation into a $626 million loss. Inside the quarter that priced the debt-funded AI model.
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Big Tech Earnings: The Week the Market Graded AI Capex Line by Line
Microsoft rose 9 per cent, Amazon 9 per cent, Meta fell 10 and Apple 7: the week the market started grading AI capex line by line. Inside the $720-745 billion ledger, the depreciation wave building beneath it, and the new rules of the AI trade.