AlphaBull_10M
Slowing AI is FUD rumor. The reality is...
■ Samsung Electronics projected 3Q operating profit of $80.17B, a figure that would mark the first time any technology company has posted quarterly operating profit that big.
■ Anthropic revenue surges 45% to nearly $17 billion - reports
Despite the sharp drop in AI stocks, high-profile AI frontier lab was pushing to maintain what has been runaway enthusiasm around the nascent technology, reportedly telling institutional investors during a meeting on Wednesday that its 3Q revenue rose by 45% to $16.8B
■ TSMC’s record profi
Despite the recent fears surrounding the outlook for AI players, demand for the technology and infrastructure underpinning it appears to have remained robust.
The latest example comes from Taiwan Semiconductor Manufacturing Co., or TSMC, which clocked fresh record profit of 763.06 billion New Taiwan dollars in the three months to September 30, a 69% jump from a year ago.
$KORU $TSM $SOXX $MU $DRAM
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