earnings

This article outlines key points of the AI supply chain in July earnings reports from multiple tech companies, including trends in memory, equipment, foundry, AI chips, and cloud services, emphasizing TSMC's central role in the AI supply chain.

Micron's strong quarterly earnings signal a significant shift in the AI memory market, highlighting increased demand for memory chips used in AI applications.

Cerebras Systems stock dropped nearly 20% after forecasting narrower gross margins despite better-than-expected Q1 earnings; CEO Andrew Feldman said the margin outlook was misunderstood due to equipment rental costs.

Micron is thriving amid the AI-driven memory chip shortage, reporting record quarterly earnings and a strategic deal with Anthropic, while consumers face rising prices.

Micron stock surged 6.8% to an all-time high of $1,211.38 after signing a memory supply deal with AI lab Anthropic, driven by AI demand for high-bandwidth memory. Analysts have raised price targets but view $3,000 as a long shot.

Accenture's stock plunged ~18% after fiscal Q3 2026 earnings missed revenue expectations and cut guidance, underscoring the gap between AI hype and real business impact.

Oracle shares fell 11% after the company announced an additional $20 billion capital raise and reported negative free cash flow of $23.7 billion for fiscal 2026, as investors worry about the high cost of its AI buildout. Despite beating Q4 estimates, the stock is down for the year.

Billionaire investor Dan Loeb states that Nvidia at 15 times forward earnings is not expensive, commenting on the company's valuation.

NVIDIA has removed gaming as a standalone revenue category, folding it into a broader Edge Computing division, signaling a strategic shift towards AI and accelerated computing.

Nvidia reported record quarterly revenue of $81.6B, driven by data center sales, and revealed $43B in startup holdings, with significant investments in AI companies like OpenAI and Anthropic.

ZipchatAI founder announces reaching $1M in earnings from the Shopify app store, a notable milestone for the team.

The company behind $FIG reported Q1 results with 46% YoY revenue growth, increasing net dollar retention rate to 139%, and raising 2026 revenue guidance.

Cloudflare reported Q1 2026 earnings that beat expectations but announced a 20% workforce reduction of 1,100 employees due to a shift toward an agentic AI-first operating model, causing shares to drop 24%.