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What Meta, Microsoft tell us about chip demand ahead of next week’s wildcards

A Nvidia chip displayed at the Mobile Humankind Congress in Shanghai on June 26, 2024.

Strs Afp | Getty Images

Two down. Two to go.

Investors in chip stocks — ravaged this week on troubles about Chinese startup DeepSeek’s cost-efficient artificial intelligence model — took comfort in what Club stars Meta Platforms and Microsoft said on their post-earnings conference calls Wednesday evening and how they held the secure on their capital expenditure spending plans. However, with Alphabet and Amazon reporting earnings next week, the near-term exact replica of how DeepSeek’s advancements might impact semiconductor demand remains fuzzy.

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