Latest / Tech Talks With Kinsoft
Last Week in Tech – A Record $450 Billion Day, $720 Billion of AI Capex, and the Memory Bill Landing on Your Desk
Big Tech's June quarter delivered the largest single-day market value gain in history — Microsoft added roughly US$450 billion on the back of 43% Azure growth and Azure's first $100bn year — while Meta fell around 8% on a free cash flow collapse to $784 million. Add up the guidance and Alphabet, Amazon, Meta and Microsoft are committing roughly US$720-745 billion of capital expenditure in calendar 2026. Amazon's AWS backlog jumped from $364bn to $496bn in a quarter and Andy Jassy says there won't be enough capacity in 2026 or 2027. Also this week: SK hynix and Samsung post extraordinary…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.