2024-07-31 14:59:08
Tech
Artificial Intelligence
Stocks

Mixed Signals in Tech Stocks Amid AI Debate

Microsoft's disappointing cloud revenue and slower growth, along with the surge in chipmakers AMD and Nvidia, highlight the divide in the AI rally. Tech giants Meta and Amazon also saw a decline, while investors expressed concern over the costs of AI investments.

Analysts commented on the hype and spending surrounding AI. The debate over the viability of the AI boom continues, with US chip export curbs and fears of China accessing advanced tech.

Despite Microsoft's earnings miss, the company plans to continue its AI investments. Alphabet's disclosure of its growing AI bills impacted related stocks like Nvidia and Arm.

The market for AI chips is growing, driven by cloud computing giants, and there is expected future demand for on-device AI processing. However, concerns over the return on investment and the environmental impact of AI dominance cannot be ignored.

Yahoo News
30. Juli 2024 um 22:11

Microsoft sinks, chipmakers climb as AI rally faces divide

Technology
Finance
Economy
Microsoft cloud revenue disappoints; chipmakers AMD, Nvidia surge; tech giants Meta, Amazon fall; investors wary of AI investment costs; analysts D.A. Davidson, Synovus Trust comment on AI hype, spending.
The Guardian
31. Juli 2024 um 11:55

Mixed signals on tech stocks amid debate over viability of AI boom

Economy
Finance
Technology
Tech stocks see mixed signals amid AI boom debate, US chip export curbs. Nvidia, Arm shares drop on AI hype concerns. Microsoft Azure growth slows, hit by cyber-attack. Samsung earnings surge 15-fold on strong AI chip demand. ASML gains on export exemption, IQE to list Taiwan unit. US fears China could access advanced tech.
New York Times - Business
31. Juli 2024 um 12:18

Why Microsoft’s Earnings Miss Won’t Stall the A.I. Boom

Technology
Economy
Finance
Microsoft reported mixed earnings, with Azure missing forecasts, fueling investor concerns about the costs of its heavy A.I. investments, including $13 billion in OpenAI. However, Microsoft's CEO says the A.I. investments are crucial, and the company plans to continue spending. Alphabet, Google's parent, also recently disclosed the scale of its growing A.I. bills, impacting related stocks like Nvidia, which fell 7% and lost $250 billion in market value, as well as Arm, which fell 6%. Microsoft's..
The Street
1. August 2024 um 15:47

Microsoft stock tumbles after key segment disappoints TheStreet Daily Newsletter

Economy
Technology
Finance
Microsoft Q4 earnings beat, but Azure growth slowed and AI spending surged. Azure grew 29%, missing 30% estimates. Intelligent Cloud revenues rose 19% to $28.52B, missing forecasts. Microsoft noted 8 percentage points of Azure growth came from AI investments. Productivity and business revenues, including Office 365, rose 11% to $20.3B. More Personal Computing revenues, including Windows, rose 14% to $15.9B. CEO Satya Nadella said Microsoft is focused on "leading the AI era". RBC analyst Rishi..
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