Tuesday, January 24, 2023

Microsoft, Amazon results to highlight softening cloud business

After years of blistering growth, most recently fuelled by remote working and studying during the pandemic, cloud demand has cooled in the past nine months and sales growth may slow further, analysts said. https://ift.tt/uQm2X4o
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Netherlands-based ASM, whose deposition tools are used to make advanced chips, projects Q2 revenue of ~€980M, above €886.8M est., driven by AI demand (Sarah Jacob/Bloomberg)

Sarah Jacob / Bloomberg : Netherlands-based ASM, whose deposition tools are used to make advanced chips, projects Q2 revenue of ~€980M, a...