Nvidia Is Missing Link in a Strong Season of AI Earnings Reports [Yahoo! Finance Canada]
Microsoft Corporation (MSFT)
Last microsoft corporation earnings: 4/29 04:06 pm
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Source: Yahoo! Finance Canada
Most Read from Bloomberg The company, whose dominance in chips that do the heavy lifting for AI computing have made it the focal point in a market captivated by the burgeoning technology, isn't due to report earnings until May 22. ADVERTISEMENT That's well after other releases that have shown profits rising at a healthy clip, demand for artificial intelligence tools boosting sales for cloud computing services and signs of continued heavy spending on AI gear. “You have massive buyers of chips coming in saying we were already buying a ton, we're buying even more. The question for Nvidia is: is it enough?,” Mike Bailey, director of research at Fulton Breakefield Broenniman LLC, said on Friday. Among Nvidia's biggest customers, Meta Platforms Inc., Microsoft Corp., Amazon.com Inc. and Alphabet Inc. have all indicated that capital expenditures will continue at the current pace or increase this year. Nvidia shares have rebounded since April 19, when AI hardware makers tumbled a
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