AMD reported what should have been stellar earnings earlier this week, replete with data center revenue growing by 107 percent year-over-year, a 246 percent beat on the consensus EPS estimate, and a 13 percent growth in adjusted gross margin. Combined with AMD's earlier disclosure of now controlling around half of the data center CPU market, the earnings announcement should have precipitated a euphoric reaction in the market. Yet, that did not happen, and there are a couple of reasons behind it. AMD's Accounts Payables metric grew by $2.36 billion in Q2 2026, while the company reported just $1.55 billion in […]

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Elon Musk was in his prime ahead of SpaceX's first earnings call as a public company, warning detractors of complete annihilation before the call, while throwing out trillion-dollar buzzwords with alacrity during the call itself. Elon Musk takes pains to note that SpaceX's revenue - not ARR - will hit $1 trillion by 2030, while identifying the 200 percent annual increase in memory demand as the primary growth barrier SpaceX has now disclosed its earnings for the second quarter of 2026, reporting revenue of $7.8 billion against a consensus estimate of $6.93 billion, with Starlink contributing $4.3 billion and SpaceXAI […]

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Amazon isn't slowing down on data center spending — but investors don't seem to mind.

Apple has just disclosed the earnings for its fiscal third quarter of 2026, delivering on heightened expectations with a strong print, albeit marred by weakness in its services segment. Apple's earnings highlights for its fiscal Q3 2026 Here are the key highlights from Apple's latest quarterly earnings release: Apple earned $78.68 billion from its products segment and $30.739 billion from its services segment, equating to 18.1 percent year-over-year growth for the former and 12.1 percent for the latter. Apple's Q3 2026 total sales managed to beat the consensus estimate of $108.85 billion. Likewise, its quarterly EPS of $2.02 also came […]

Read full article at https://wccftech.com/apple-hits-it-out-of-the-park-with-tim-cooks-last-earnings-as-the-ceo-despite-scorching-hot-memory-prices-but-drops-the-ball-on-services/

Things are about to get very ugly for at least one of the so-called 'Big Three' memory players, as SK hynix has just reported a bruising miss on consensus expectations, courtesy of its heavy tilt towards AI-centric HBM. SK hynix misses Q2 2026 consensus expectations for its revenue and operating profit by 5.4 percent and 5.9 percent, respectively SK hynix has just reported $54.6 billion (79.3 trillion won) in revenue vs. a consensus estimate of $57.7 billion (83.9 trillion won). Also, the high-flying memory player has disclosed an operating profit of $41.6 billion (60.5 trillion won) against a consensus estimate […]

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With a Samsung executive already having stunned the world at large by declaring that the South Korean tech giant's profits in 2026 would eclipse the cumulative profits it earned over the past 40 years, it was largely a fait accompli that Samsung's provisional results for the second quarter of 2026 would be shockingly good. And, as the fates would have it, Samsung has just disappointed the market by a long shot on its revenue metric. Samsung has just guided to $111.76 billion in revenue and $58.43 billion in operating profit for the second quarter of 2026 Samsung has now released […]

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Revenue quadrupled to $41.45 billion compared with the same period a year ago. The company's profit, meanwhile, rose from $1.88 billion to an incredible $28.2 billion year-over-year.

Apple was, until recently, the last bastion of price stability, even as a tsunami of memory-induced price hikes has continued to sweep across wide swathes of the global consumer electronics sphere. Alas! No longer. Apple now appears to have surrendered to the inevitable price hikes after trying to swim against the tide for a few quarters. Apple's Tim Cook had warned that the June-ending quarter would see a "substantial" increase in memory costs, and now the company appears to be capitulating to the inevitable price hikes Apple's Tim Cook has just declared to the Wall Street Journal that price increases […]

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Nvidia announced another record revenue figure after market close on Wednesday, but forecasted that revenue growth would slow in the following quarter.

Samsung has finally entered the hallowed trillion-dollar club, courtesy of the memory-driven tailwind that continues to emanate from AI-focused data centers, going on to permeate nearly every facet of the global consumer electronics industry. Samsung is worth $1.2 trillion right now and continues to close in on Tesla's valuation, courtesy of the relentless global demand for memory resources As per a tabulation by CompaniesMarketCap, Samsung is worth $1.21 trillion right now, and remains poised to overtake Tesla as the world's tenth most valuable company. This comes as the operating profit of Samsung's semiconductor unit in Q1 2026 surged by an […]

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Elon Musk spent the better part of three days on the witness stand this week in his lawsuit against OpenAI, and it’s already getting messy. Emails, texts, and his own tweets are surfacing in court, and there are plenty more witnesses to come. Musk’s argument against OpenAI? By converting the company to a for-profit model, Sam Altman betrayed the “nonprofit for the […]

Apple said it will be supply-constrained on Mac mini, Studio, and Neo in the next quarter, too.

Apple was expected to continue to capitalize on its ongoing sales-related momentum during its second fiscal quarter of 2026, courtesy of the inordinately strong demand profile for the iPhone 17 lineup. And, in accordance with those expectations, Apple appears to have largely delivered via another record quarter. Apple earnings highlight for the second fiscal quarter of 2026 Here are the key highlights from Apple's latest quarterly earnings release: For the second fiscal quarter of 2026, Apple earned $111.18 billion in revenue, corresponding to a year-over-year increase of 16.6 percent relative to $95.36 billion that it earned in Q2 2025. Apple […]

Read full article at https://wccftech.com/apple-q2-2026-earnings-iphone-business-just-grew-by-21-7-in-a-single-quarter-services-outpace-mac-ipad-and-wearables-combined/

Google added 25M paid subscriptions in Q1, reaching 350M total, as YouTube and Google One grow.

Sales rebounded a bit from the first quarter of 2025, as Tesla throws a ton of money at massive bets like robotics, AI, and its own chip fab.

Samsung has hit a home run with its operating profit guidance for the first quarter of 2026, showing the kind of explosive growth that would have been unimaginable just a couple of years back, all the while proving that the ongoing memory-driven boom phase is far from a mirage. Samsung's Q1 2026 operating profit guidance: A story of relentless memory-driven boom Samsung has now released key guidance for its upcoming Q1 2026 earnings disclosure, blowing away even the wildest of estimates. For instance, Samsung now expects its total sales for the first quarter of 2026 to amount to 133 trillion […]

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"The demand for tokens in the world has gone completely exponential," Nvidia CEO Jensen Huang said about the company's earnings.