WS #11609
Samsung's profit beat fails to satisfy high AI expectations, triggering a broad semiconductor selloff; DeepSeek's own chip development adds pressure on NVDA and the AI trade. Microsoft cuts 4,800 jobs, restructures Xbox, and shifts to in-house AI models, signaling cost discipline and vertical integration, a positive for MSFT margins but negative for sector peers.
Tech selloff on Samsung and DeepSeek
Samsung's profit beat fails to satisfy high AI expectations, triggering a broad semiconductor selloff; DeepSeek's own chip development adds pressure on NVDA and the AI trade.
Microsoft cuts 4,800 jobs, restructures Xbox, and shifts to in-house AI models, signaling cost discipline and vertical integration, a positive for MSFT margins but negative for sector peers.