Big Tech’s earnings season kicks off next week with announcements from some of the industry’s most important players, including Apple (AAPL), meta (META), and Microsoft (MSFT). With the new year well underway, and AI still the hottest ticket in Silicon Valley, you can expect plenty of talk about how companies are monetizing the technology and how they’re building data centers and new AI models. How much they spend on capital expenditures related to production of
And looking at all of this will be how the newly-inaugurated President Trump will affect the biggest tech trend in years. Whether it’s tougher tariffs, export controls, or more relaxed antitrust regulations, Big Tech will be keeping a close eye on Washington. And investors want to know what that means for companies’ bottom lines.
Trump has already made his mark on the AI scene on Tuesday, Announcing StargateA $500 billion AI data center company led by SoftBank, OpenAI, and Oracle (ORCL) that will see the trio build data centers to power AI projects within the US
It’s all going to make for an interesting earnings season, and it starts with Meta and Microsoft on Wednesday.
Investors and analysts will want to know how companies are working with the administration to ensure they don’t end up on the wrong end of Trump’s proposed tariffs on goods from China.
apple (AAPL), whose CEO Tim Cook has a good relationship with the president, avoided tariffs during the first Trump administration and will try to do so again this time. Amazon (AMZN), Apple, Google (GOOG, GOOGLE), Meta, and Microsoft may also see less regulation around antitrust cases and a return to mergers and acquisitions.
So is the fate of the chips act. Legislation passed under the Biden administration is meant to bring semiconductor manufacturing back to the US. But Trump has criticized the lawwhich provides billions in funding to chip makers, says it was “so bad” during an appearance on Joe Rogan’s podcast before the election.
Without cash, Intel (INTC), TSMC, Samsung, and several other semiconductor companies may not be able to fulfill their ambitious plans to build new chip manufacturing facilities. Find word on how Intel and its competitors are navigating the new administration and hear how it plans to address the Chips Act.
Aside from Trump, you can guarantee that almost every tech company will mention AI revenue and costs. According to Jefferies analyst Brent Thill, Microsoft should report improved AI consumption and continued spending, which investors are expecting as the company works to meet customer demand for AI infrastructure. does
