IBM plunges 25% on disappointing preliminary results, Meta eyes $10B Anthropic cloud deal, TSMC raises outlook again

EarningsCorporate ActionIndustry Impact 4
โดย Seeking Alpha·Read original
Summary · why it matters

IBM shares tumbled 25% after reporting preliminary second-quarter results that CEO Arvind Krishna called disappointing, with revenue of $17.2 billion and operating EPS of $2.93 both missing consensus estimates. Separately, Meta Platforms is reportedly in talks to provide Anthropic with cloud computing power in a proposed $10 billion, two-year deal. Taiwan Semiconductor Manufacturing raised its 2026 revenue growth outlook for the second time this year and plans to invest an additional $100 billion to expand U.S. chipmaking capacity, bringing its total investment plan to $265 billion. ASML also raised its full-year sales forecast for the second time, citing AI demand. Among other notable moves, Japan plans to purchase 27,500 of Nvidia's next-generation Rubin AI chips, and Apple briefly regained its position as the world's largest company by market capitalization on Friday.

Impact on stocks 22

Artificial Intelligence± Mixed · 12 stocks
Meta Platforms Inc.
META
▲ PositiveDemandrelevance

Reportedly in talks to provide $10B cloud computing deal to Anthropic.

Semiconductors▲ · 6 stocks
ASML Holding N.V.
ASML
▲ PositiveDemandrelevance

Raised full-year sales forecast for second time, citing AI demand.

Cloud & Digital Infrastructure▲ · 4 stocks

Theme Impact 11

Off-coverage companies 1

AnthropicPrivate▲ Positive
Demandrelevance

Meta reportedly in talks to provide $10B cloud computing deal to Anthropic.

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