新华社记者吴晓凌 多家美国科技巨头28日公布财报，业绩喜忧参半。特斯拉公司业绩下滑，微软、"元"公司业绩大涨，亚 马逊公司公布新一轮裁员计划。 新华社旧金山1月28日电 综述｜美科技巨头业绩喜忧参半 微软董事长兼首席执行官萨提亚·纳德拉表示，人工智能的普及还处于早期阶段，但微软的人工智能业 务规模已经超过公司最核心的传统业务。 社交平台脸书母公司"元"公司发布财报显示，去年第四季度，该企业营收约为599亿美元，同比增长 24%；净利润约为228亿美元，同比增长9%。2025年，公司营收约为2010亿美元，同比增长22%；净利 润约为605亿美元，同比下降3%。 "元"公司创始人兼首席执行官马克·扎克伯格表示，公司在2025年取得强劲的业务表现，期待在2026年 推进"个人超级智能"的发展。 "元"公司预计，2026年其资本支出将在1150亿美元至1350亿美元之间，主要用于支持"超级智能实验 室"项目等核心业务。公司"现实实验室"的运营亏损预计将与2025年大致持平。 美国电商和科技企业亚马逊公司28日表示，正在推进新一轮组织架构调整，预计将影响公司约1.6万个 岗位。这是继去年10月亚马逊裁减约1.4万名公 ...

Group 1 - Amazon is set to lay off 16,000 employees in its second wave of layoffs, following a previous reduction of 14,000 employees in October 2025, indicating a shift in its workforce strategy [1][3] - The layoffs are affecting high-salary positions, particularly in HR and AWS administrative roles, as the company transitions to using AI for recruitment and performance tracking [5][6] - CEO Andy Jassy has indicated that the company is moving towards a model where AI applications will reduce the need for human employees, with a significant investment in AI expected to surpass $150 billion by 2025 [5][6] Group 2 - The trend of layoffs is not isolated to Amazon; the entire tech industry is undergoing a transformation, with 154,000 jobs cut in the U.S. tech sector in 2025, of which 50,000 were directly replaced by AI [8][9] - Other major companies like IBM, Microsoft, and Meta have also implemented significant layoffs, with AI technologies replacing various job functions [9] - In China, major internet companies are also reducing their workforce significantly, reallocating funds towards AI development while facing declining revenues in their core businesses [9] Group 3 - The types of jobs most at risk from AI include process-oriented roles (HR, administration), repetitive technical positions (junior programmers, data entry), and intermediary service roles (recruitment and real estate agents) [10] - New opportunities are emerging for hybrid talent that combines AI skills with industry knowledge, as well as roles focused on managing AI systems [10][12] - The future workplace will prioritize the ability to effectively utilize AI rather than simply avoiding replacement by it, indicating a fundamental shift in the skills required for employment [13][16]

OpenAI正在筹划一轮规模空前的融资，英伟达、微软、亚马逊三家科技巨头有望注资最高600亿美元， 这笔资金将帮助OpenAI应对日益增长的算力需求和现金消耗压力。 据The Information周四报道，英伟达正商谈投资最高300亿美元，微软计划投资不到100亿美元，而亚马 逊作为新投资者可能投入超过100亿美元、甚至超过200亿美元。这三家公司均是OpenAI的重要技术合 作伙伴。 这笔巨额融资将缓解市场对OpenAI现金流的担忧，公开市场投资者近期对该公司履行与甲骨文和微软 支出承诺的能力持怀疑态度。 科技巨头各怀战略考量 三家潜在投资者与OpenAI均有深度业务联系。 英伟达是现有投资者，其芯片为OpenAI的AI模型提供算力支持。微软是长期支持者，拥有向云客户销 售OpenAI模型的独家权利。亚马逊将成为新投资者，据知情人士透露，其投资可能取决于单独的云服 务和ChatGPT相关交易。 OpenAI去年11月曾表示，将在未来七年内斥资380亿美元向AWS租赁服务器，使AWS成为OpenAI用于 开发其AI的五家云服务商之一。 目前尚不清楚哪家投资者将成为本轮最大出资方。据知情人士称，OpenAI即 ...

Core Viewpoint - Amazon is set to cut 16,000 jobs as part of an ongoing effort to streamline operations and improve efficiency, marking its second round of mass layoffs since October 2022 [5][6][8] Group 1: Company Overview - Amazon employs approximately 1.5 million people globally, with around 350,000 in corporate roles [6] - The layoffs are part of a broader initiative referred to as "Project Dawn," aimed at reducing layers of management, increasing ownership, and removing bureaucracy to enhance operational speed for customers [4][8] Group 2: Leadership and Strategy - Colleen Aubrey, Senior Vice President of AWS Applied AI Solutions, is leading the initiative to strengthen the company through these layoffs [4][8] - Aubrey has been with Amazon since 2005 and has previously led Amazon Advertising product teams, contributing to the development of industry-leading ad tech offerings [2][8] Group 3: Layoff Details - The job cuts will affect employees in the US, Canada, and Costa Rica, with notifications to impacted colleagues already completed [4][5] - The recent layoffs follow a previous reduction of approximately 14,000 jobs announced in October 2022 [5][8]

英伟达、微软、亚马逊商谈投资 OpenAI。 ...

亚马逊五月扩大OpenAI云 服务器租赁合作。 ...

Core Insights - Nvidia, Amazon, and Microsoft are in discussions to invest up to $60 billion in OpenAI [1] Group 1 - The potential investment amount of $60 billion indicates significant interest from major tech companies in the AI sector [1]

（原标题：?全球最大主权财富基金"恐高"? 2025年下半年减持英伟达(NVDA.US)等美国科技巨头） 智通财经APP获悉，根据挪威政府最新公布的一份持仓清单，规模高达2.2万亿美元的挪威主权级别财 富基金在2025年下半年减持了美国股市最大规模科技巨头股票仓位，其中包括其长期以来的第一大持仓 ——即AI芯片超级霸主英伟达(NVDA.US)。截至年末，负责管理该基金的挪威央行投资管理公司 (Norges Bank Investment Management，NBIM)已削减其前四大科技巨头持仓，除英伟达外还包括苹果公 司(AAPL.US)、微软公司(MSFT.US)以及谷歌母公司Alphabet(GOOGL.US)。 该主权财富基金将芯片巨头英伟达的持股比例从6月底的1.32%降至年末的1.26%，同时将微软的持股比 例从1.35%降至1.26%，但是这两家科技巨头仍是该基金最有价值的前五大投资之一，其后依次为 Alphabet和云计算与电商巨头亚马逊公司(AMZN.US)。苹果则是该主权财富基金第二大投资。作为简化 投资组合战略的一部分，该主权财富基金退出了摩尔多瓦、冰岛等国股市，同时选择新增约旦和巴拿 ...

Summary of Earnings Call Company and Industry - **Companies Mentioned**: STX (Seagate Technology), ASML, TXN (Texas Instruments), QRVO (Qorvo) - **Industry**: Technology, specifically focusing on data storage, semiconductors, and electronics Key Points and Arguments STX (Seagate Technology) - **Earnings Performance**: - Revenue of $2.83 billion, up 22% year-over-year, compared to a previous quarter's growth of 21% and market expectations of $2.74 billion, which was approximately 18% growth [7][6] - EPS of $3.11, exceeding market expectations of $2.83; Non-GAAP gross margin at 42.2% vs. expected 40.8% [7] - **Market Commentary**: - Management described an "exceptionally strong" data center environment, expecting demand to offset typical seasonal declines [9] - Nearline capacity fully allocated through CY26, with plans to accept orders for 1H27 [12] - **Pricing Trends**: - Revenue per TB remains stable with a modest increase in $/TB expected to continue, indicating a potential shift in pricing dynamics [12] - **Growth Drivers**: - Incremental storage-server demand linked to AI workloads, with data centers remaining the core driver of growth [9] TXN (Texas Instruments) - **Earnings Performance**: - Q4 revenue of $4.423 billion, up 10.4% year-over-year, aligning with market expectations [24][26] - Q1 guidance midpoint of $4.50 billion, indicating a 2% quarter-over-quarter increase and 10.6% year-over-year growth [24] - **Market Commentary**: - Management expressed optimism about industrial recovery and data center strength, with improving orders and backlog [23] - Data center business expected to grow approximately 70% year-over-year [26] - **Pricing Trends**: - Management anticipates low single-digit price declines (~2-3%) in 2026, emphasizing the impact of annual negotiations [26] QRVO (Qorvo) - **Earnings Performance**: - Q4 revenue and EPS were better than expected, but Q1 guidance was approximately 12% below market expectations [32][35] - **Market Commentary**: - Management attributed revenue gaps to weakness in Android and planned exits from lower-margin models [35] - Concerns about the sustainability of profitability amidst declining Android sales and competition [41] - **Growth Drivers**: - Focus on transitioning to higher-quality, more durable programs, with expectations of gross margins above 50% despite revenue declines [42] ASML - **Earnings Performance**: - Stock price increased by 5% due to bookings of €13 billion, significantly exceeding expectations [45] - **Market Commentary**: - Management highlighted strong progress with customers and revenue guidance implying 4-20% year-over-year growth for 2026 [46] - **Growth Drivers**: - Continued demand in semiconductor capital expenditures, with a focus on high-volume manufacturing tools [46] Additional Important Insights - **Market Sentiment**: - The overall sentiment in the technology sector appears positive, driven by strong earnings reports and optimistic guidance from key players [1][2] - **Investment Considerations**: - The discussions around pricing stability and growth in data center demand suggest potential investment opportunities in companies like STX and TXN, while QRVO faces challenges that may impact its valuation [18][22][42]

贾西指出，尽管亚马逊去年初已预判关税冲击并提前备货，但库存已在秋季消耗殆尽，新一轮补货使美国关税影响显现在商品成本中。 此外，贾西在论坛期间透露，不同卖家应对美国关税策略各异：有的将成本转嫁消费者，有的自行吸收维持销量，还有的采取折中方式。亚马逊平台正与分 销商协作，试图将价格维持在"消费者可接受的最低水平"。 近日，亚马逊首席执行官安迪·贾西在达沃斯世界经济论坛上首次公开承认，美国加征关税已对平台商品价格产生实质性影响。这一表态标志着亚马逊平台 正式迎来价格调整期，美国关税成本正逐步传导至消费者端。 然而，零售业务利润率本就有限，行业营业利润率通常处于中等个位数区间。若商品成本整体上涨10%，内部消化空间非常有限。 值得注意的是，这颠覆了亚马逊此前释放的信号。过去一年，亚马逊多次强调美国关税影响有限，并通过扩大品类、提升履约效率对冲风险。但现实是，美 国关税已成为不可忽视的因素。 甚至2025年4月，亚马逊曾考虑在售价中单独标注"关税费用"，因白宫批评而搁置。这种政策不确定性，要求卖家更具应变能力。 在消费者端，贾西观察到美国市场仍具韧性，消费者持续购物但更青睐高性价比商品，对高价非必需品趋于谨慎。这种消费 ...