Tech Earnings Put AI Returns in Focus as Memory Suppliers Regain Strength
Photo: TokenPost
Returns on artificial intelligence (AI) spending have become a broad issue across technology earnings, as Google’s post-results decline contrasts with memory suppliers’ renewed strength and pricing power. Microsoft drew a more favorable market response, with strong cloud business and free cash flow. The contrasting reactions have put the returns from AI spending in focus across the industry. Memory stocks, which lagged during the second half of the year after earlier strength across the AI supply chain, have regained relative strength. 海力士 posted record profit and had long-term supply agreements, underscoring memory suppliers’ ability to command higher prices.
Source: TokenPost
