Per-Wh net profit declined

INTC reported Q2 2026 results after the US close on Jul 24 (Beijing time). The quarter covered the period ended Jun 2026.

Key points: 1) Core metrics. $Intel(INTC.US) delivered revenue of $16.1bn (+25% YoY), well above company guidance of $13.8–14.8bn.

Growth was driven by the Client business and the Data Center & AI segment, with CPU price increases the largest factor.

GPM was 40.4%. That was above the Street's 37.6%...

Key milestones for the AI biz. have yet to be validated. Investor concerns about the uncertainty of AI monetization are likely to intensify.

$Netflix(NFLX.US) Q2 results were underwhelming despite the bar not being high. Near-term softness largely reflects a late-cycle content slate and backlash from price hikes in core markets, and it keeps some investors wary of mid-to-long-term bear cases.

1) Revenue growth kept slowing: Q2 revenue was $12.6bn, up 13% YoY (+12% ex-FX), broadly in line with guidance, but the decelerating trend further erodes confidence in the outlook. There were no price actions in Q2...

TSM reported Q2 2026 results on Jul 16, 2026 (Beijing time) during U.S. pre-market hours. The quarter covered the period ended Jun 2026.

1) Revenue: $40.2bn, up 12% QoQ, near the high end of guidance ($39–40.2bn). Growth was led by AI silicon, with most core customers' AI chips migrating to 3nm (N3). On a 12-inch equivalent basis, wafer shipments were 4,336k...

ASML released Q2 2026 results ahead of the U.S. open on Jul 15 (Beijing time). The quarter ended Jun 2026, with key points below: 1) Revenue & GPM.

a) Revenue was €9.3bn (+21% YoY), beating consensus (€8.9bn). Growth was driven by lithography system pull-ins from TSMC and Korean customers, and higher services revenue.

b) GPM was 54%. This was clearly above prior guidance (51–52%)...

Under a regulatory overhang, $Trip.com(TCOM.US) finally released its long-delayed Q1 results on Jun 25. Overall, the quarter was solid, with revenue growth and profitability slightly ahead of expectations.

The regulatory situation remains unresolved, with no official response to date. The bigger issue is that the release directly guides Q2 revenue growth of 3%–8%, with profit to be affected, indicating regulation is starting to bite.

Key details: 1) Revenue growth slowed. Group net revenue for Q1 was approx. RMB 16.2bn...

In 2026, the AI hardware hot spot has shifted from compute to memory. As AI trades in U.S. equities start to wobble, Micron’s prints have turned into the new bellwether. $Micron Tech(MU.US) reported after-market on Jun 24 (FQ3 FY26 for the quarter ended end-May), and it delivered, taking up the mantle as the AI infra standard-bearer.

Results speak for themselves: broad-based strength. Key takeaways: 1) Headline results: revenue of $41.5bn, up 74% QoQ, marking a second consecutive quarter with 70%+ QoQ growth...

Among the 'New Cloud' cohort, $Oracle(ORCL.US) is one of the most watched and debated. On Jun 11 after hours, it reported FY26 Q4 results for the period ended May.

Overall, the print was mixed. OCI growth accelerated, while the broader legacy software portfolio slowed.

GPM improved QoQ off the trough, but still missed estimates by a wide margin. Next-quarter guidance was above expectations.

However, the FY27 full-year outlook was relatively conservative. Net-net, the quarter felt muted...

Revenue barely in line. Guidance slashed.