Earnings reports detail the quarterly and annual financial performance of public companies, including revenue, profit and expenses. Truncated covers these financial results, guidance updates and executive commentary for major technology and artificial intelligence firms.
AI-generated summary AMD CEO Lisa Su announced that the chipmaker plans to selectively invest with lead partners to help secure data center land and power infrastructure for planned deployments into 2027. The company reported record data center segment revenue of $8.5 billion as part of $13.4 billion in Q3 revenue during a sustained artificial intelligence boom.
AI-generated summary Amazon, Microsoft, Alphabet, and Meta announced plans to spend at least $720 billion on capital expenditures this year alone, with most funds directed toward artificial intelligence infrastructure. The spending plans triggered a sharp selloff in tech stocks as investors question when they might expect to see a return on investment from artificial intelligence.
AI-generated summary Qualcomm plans to expand into the data center market through partnerships with Amazon and Meta as smartphone sales decline. Qualcomm expects data center chips will eventually account for 30 percent of its business with revenue forecasts reaching $15 billion by 2029.
AI-generated summary Figma rolls out more artificial intelligence credits to clients during the quarter while maintaining its current pricing structure. Figma finance chief Praveer Melwani says the company is trading off near-term revenue to invest in customers for durable long-term growth.
AI-generated summary Datadog released third-quarter financial results showing that about a third of its customers now use one or more of its artificial intelligence products. Datadog says that AI adoption is driving growth across its observability products, although that growth appears to be slowing as companies tighten their budgets.
AI-generated summary Arista announced its forecast for 2027 revenue to grow to about $18.5 billion during its earnings call. Arista says AI networking should double to about $7 billion and campus revenue should grow 60% to about $2 billion.
AI-generated summary Super Micro released its earnings report showing revenue of $19.9 billion for the September quarter along with higher gross margins of 12.8%. Chief Financial Officer Mark Long says the customer mix is driving revenue growth as major customers doing large deployments choose Super Micro.
AI-generated summary Advanced Micro Devices Inc. announced a revenue forecast for the fourth quarter that exceeded analysts estimates. The chipmaker said demand for data center processors remains strong as artificial intelligence chip demand drives data center growth.
AI-generated summary Advanced Micro Devices launched its fourth-quarter revenue outlook of $17bn alongside stronger-than-expected third-quarter financial results. Advanced Micro Devices says growth should accelerate further as it ramps production of its Helios AI rack system and next-generation Venice server processors.
AI-generated summary Microsoft released its quarterly earnings report showing Azure grew 48% and overall company revenue increased by 19%. OpenAI accounted for a significant portion of Azure growth while Microsoft maintained an operating margin of approximately 50%.
AI-generated summary Apple released quarterly financial results showing $114.5 billion in revenue and $30.7 billion in profit, beating Wall Street expectations in John Ternus’s first earnings report as CEO. Rising memory chip costs remain a concern for the company as it navigates the current financial landscape.
AI-generated summary Apple is rumored to be exploring ways to boost its services revenue through third-party apps and partnerships, according to comments made during an earnings call. Chief financial officer Kevan Parekh mentioned artificial intelligence as a potential factor for revenue growth over time and noted that the company expects services growth to reach between 8 to 9%.
AI-generated summary Fabrinet released its financial results for the first quarter, reporting that sales rose 51% to a record $1.47 billion. Fabrinet expects fiscal second-quarter revenue of $1.6 billion to $1.65 billion and adjusted earnings of $4.77 to $4.92 a share.
AI-generated summary Palantir reported a third-quarter earnings beat and released results showing that its U.S. commercial revenue surpassed its U.S. government revenue. The company also raised its full-year revenue forecast and projected fourth-quarter revenue to beat the FactSet consensus estimate.
AI-generated summary Palantir releases its third-quarter financial results, beating analyst expectations across every major line and lifting its full-year revenue outlook to around $8.53 billion. Palantir says it expects fourth-quarter revenue of about $2.65 billion while raising full-year adjusted operating income guidance to about $5.25 billion.
AI-generated summary Anthropic made available an amended IPO filing showing a third quarter operating loss of $567 million as revenue growth slowed. Anthropic says the operating loss resulted primarily from $5 billion in computing capacity from short-term commitments and $2 billion in noncash charges.
AI-generated summary Google rolls out its Gemini models across its entire ads infrastructure to add tools for advertisers and improve ad quality. The company faces search cannibalization fears and slowing revenue growth as its search engine competes directly with ChatGPT and Claude.
AI-generated summary Financial benefits from artificial intelligence investments are now available as some companies begin to report measurable returns during the latest quarter. Corporate investment reached $581.7 billion in 2025, and hyperscalers including Microsoft, Amazon, Google and Meta are expected to spend $700 billion combined this year on infrastructure.
AI-generated summary S&P Global made available a credit warning that cut its outlook on Meta to negative from stable over its cash flow, spending, and monetization. The credit ratings agency maintained Meta at AA- while warning the social media leader's leverage could top 1.0x as soon as 2027.
AI-generated summary Google parent company Alphabet has released details about its financial results that revealed lower revenues and lackluster advertising sales. The company says that ad revenues from search were underperforming due to Google's own AI Mode search feature resulting in fewer ads.
The top AI news in your email delivered each morning. Choose categories