TL;DR — AMD’s second-quarter revenue grew 50% to $11.5 billion, with Data Center revenue up 107% to $6.7 billion and GAAP net income of $2.3 billion. Shares still fell nearly 9% after hours, because management guided to only ‘modest’ third-quarter...
TL;DR — Broadcom’s AI chip backlog reached $73 billion, built almost entirely on custom silicon for Google, Meta, Anthropic and OpenAI, the same companies trying to rely less on Nvidia. Diversifying away from Nvidia doesn’t reduce chip supplier...
TL;DR — Oracle’s contracted backlog hit $638 billion, up 363% year over year, in the same year free cash flow went negative $23.7 billion. The stock fell 8.5% on the news because the market is pricing the financing gap, not the demand. Oracle just reported the...
TL;DR — CoreWeave’s revenue backlog grew from $104 billion at quarter-end to roughly $129 billion by mid-August, after $25 billion of new commitments. Revenue grew 112% to $2.575 billion, but CoreWeave still posted a $626 million net loss and carries $35 billion...
TL;DR — Tesla delivered a record 480,126 vehicles in the second quarter, up 25%, and revenue grew 26% to $28.24 billion. Operating margin collapsed to 1.4% and operating income fell 57%, while capital expenditures jumped 142% to $5.79 billion on Robotaxi and Cybercab...
