AMD CEO Lisa Su says AMD's annual revenue growth will average more than 35% and AI data center revenue growth will average 80% over the next three to five years
Lineup confirms 2026 release for Zen 6, coming with expanded AI features Samantha Subin / CNBC : AMD stock soars 10% on strong growth projections as CEO Su calls AI spending ‘the right gamble’ Kara Gr...
Mark Zuckerberg says spending heavily on AI infrastructure is a “strategic advantage” and vows Meta will invest “hundreds of billions” in AI over the long term
Wall Street breathes a sigh of relief X: Tae Kim / @firstadopter : For Zuckerberg to come out guns ablazing saying he expects Llama 4 to be the best AI model in the world when it comes out, if true, m...
Mark Zuckerberg says Meta is planning to invest $60B to $65B in capex in 2025, will end the year with 1.3M+ GPUs, and plans to grow its AI teams “significantly”
Market: WE LOVE AI, DO AI THING — META: Sure thing, ploughing $40bn into capex this year — Market: wait not like that — First time we've seen a negative market reaction to the reality of AI unit...
OpenAI's CFO: ChatGPT has 250M weekly active users, converts free users to paid at a 5% to 6% rate, and ~75% of OpenAI's revenue is from consumer subscriptions
Bloomberg :
Apple reports Q3 revenue down 1.4% YoY to $81.8B, declining for a third quarter in a row but largely in line with estimates, and net income up 2.3% to $19.9B
https://www.businesswire.com/ ... Twitter: Alexei Oreskovic / @lexnfx : Apple lost $132 billion in market value today. Amazon added $140 billion. Wealth transfer? Eric Jackson / @ericjackson : Anyone ...
Sony warns that the PlayStation 5 will remain in short supply through 2022, citing challenges despite a supply boost, with a goal of selling 14.8M units this FY
- CFO said hard to catch up with demand even with supply boost — Sony sees imbalance as indicative of PlayStation's popularity
Apple will stop reporting unit sales for iPhone, iPad, and Mac starting next quarter, as CFO says units sold isn't representative of the state of business
Apple just announced on its earnings call that it will stop reporting unit sales for iPhone, iPad and Mac from next quarter — the start of its next financial year.