By Aditya Soni Jan 27 (Reuters) - Microsoft and Meta will kick off Big Tech earnings this week under pressure to prove that their costly bets on artificial intelligence can power another year of strong growth as a resurgent Alphabet takes the lead in the high-stakes ​race. The companies, along with Amazon, are expected to lift their AI spending by 30% to more than $500 billion this year, an unprecedented outlay ‌that will sharpen investor scrutiny. Doubts have deepened whether Microsoft has squandered ...

U.S. stock futures are presenting a mixed picture this Tuesday, January 27, 2026, as investors navigate a busy week dominated by corporate earnings reports, a crucial Federal Reserve policy meeting, and fresh geopolitical developments. While technology-focused futures show upward momentum, broader market indicators suggest a more cautious approach in premarket trading.Premarket Activity and Index FuturesAs of early Tuesday, premarket trading indicates a divergence among the major U.S. indexes. Nasdaq 100 fu ...

Core Insights - 2026 is expected to see continued significant spending on artificial intelligence infrastructure by major tech companies, following a substantial increase in 2025 [1][2] - The earnings season for major tech firms will provide insights into their spending plans and expected profitability from AI investments [2][3] Group 1: Capital Expenditures - The four hyperscalers—Microsoft, Meta, Alphabet, and Amazon—are projected to increase capital expenditures to over $470 billion in 2026, up from approximately $350 billion in 2025 [3] - Meta has raised its capital expenditure guidance for 2025 to between $70 billion and $72 billion, with analysts forecasting nearly 57% growth in 2026 to over $110 billion [18][19] - Amazon's capital expenditure forecast for 2026 has been increased to $125 billion, with analysts expecting it to grow to $146 billion [25][26] Group 2: Company-Specific Developments - Microsoft is under pressure to control costs while expanding its Azure cloud unit, with capital expenditures expected to rise to $98.8 billion this fiscal year [11][12] - Meta's AI investments have raised concerns among investors due to its reliance on digital advertising for revenue, especially after a failed product launch [16][17] - Apple is focusing on a partnership with Google for its Siri overhaul, while also monitoring its capital expenditure costs and potential iPhone sales growth [21][24] Group 3: Market Dynamics - OpenAI's commitments have reached $1.4 trillion, necessitating ongoing fundraising to support its plans, which are closely tied to the broader tech industry [6][7] - Alphabet has increased its capital expenditure forecast for 2025 to a range of $91 billion to $93 billion, with expectations of over $115 billion in 2026 [30] - Tesla's automotive deliveries fell by 8.6% in 2025, and investors are keen to see updates on its core automotive and energy sales, as well as future growth from new ventures [35][36]

【 DeepSeek 发布 DeepSeek-OCR 2 】 DeepSeek 发布全新 DeepSeek-OCR 2 模型，采用创新的 DeepEncoder V2 方法，让 AI 能够根据图像的含义动态重排图像的各个部分，而不再只是机械地从左到右扫描。 这种方式模拟了人类在观看场景时所遵循的逻辑流程。最终，该模型在处理布局复杂的图片 （如文档或图表）时，表现优于传统的视觉 - 语言模型，实现了更智能、更具因果推理能力的 视觉理解。 【 Kimi 智能助手发布 K2.5 版本】 Moonshot AI 于 2026 年 1 月 27 日上线 Kimi 智能助手 K2.5 版本，以静默推送方式完成 更新，用户在官网聊天界面中 K2 模型已自动切换为 K2.5 。 该版本原生支持视觉理解功能，用户可直接上传图片并由 AI 进行分析与创作，例如依据平面 布局图生成对应 3D 模型。工具调用能力同步增强，模型可通过分步推理执行数学计算、编程 等复杂任务，相关测试显示其在多项任务中表现突出。 【阿里千问最强模型亮相，性能媲美 GPT-5.2 】 1 月 26 日，阿里正式发布千问旗舰推理模型 Qwen3-Max-Th ...

作者 Markit，内容为转载编译，仅为呈现不同市场观点与研究视角，并不意味着本公众号对 文中观点结论认可。 为了支撑生成式 AI 业务，科技巨头们对技术基建的投入需求越来越大，这也让市场对它们 2026 年的资本开支预期持续走高。 从Meta、Alphabet、亚马逊、苹果和微软这五家公司的整体市场一致预期数据来看， 2025 年它们的资本开支规模同比大增超 450 亿美元，达到 3830 亿美元；到了 2026 年，市场预 计这一数字还会再涨超 1000 亿美元，逼近 5000 亿美元大关。 资本开支的猛增已经引发了一些担忧，因为它的增速很可能会超过公司营收的增长。 【如需和我们交流可扫码添加进社群】 | | | | | | | 2019 - | 2023 = 2019 = | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Meta Platforms 2019 2020 2021 | 2022 | 2023 | 2024 | 2025 | 2026E | 2022 | 2026 | 2026 | | Revenue ($M) 70 ...

以下文章来源于芯东西 ，作者ZeR0 芯东西 . 芯东西专注报道芯片、半导体产业创新，尤其是以芯片设计创新引领的计算新革命和国产替代浪潮；我们是一群追"芯"人，带你一起遨游"芯"辰大海。 来源 | 芯东西 芯东西1月27日报道，今日，微软宣布推出自研AI推理芯片 Maia 200 ，并称该芯片是"目前所有超大规模数据中心中性能最高的自研芯 片"，旨在显著提升AI token生成的经济效益。 Maia 200采用 台积电3nm 工艺制造，拥有超过 1400亿颗 晶体管，配备原生 FP8/FP4 张量核心，重新设计的内存子系统包含 216GB HBM3e （读写速度高达 7TB/s ）和 272MB片上SRAM ，以及能确保海量模型快速高效运行的数据传输引擎。 Maia 200专为使用低精度计算的最新模型而设计，每块芯片在FP4精度下可提供超过 10PFLOPS 的性能，在FP8精度下可提供超过 5PFLOPS 的性能，所有这些都控制在 750W 的SoC TDP范围内。 其FP4性能是亚马逊自研AI芯片AWS Trainium3的 3倍多 ，FP8性能 超过 了谷歌TPU v7。 | Peak specific ...

Core Viewpoint - Major tech companies, including Microsoft, are accelerating efforts to reduce dependence on NVIDIA's GPUs, which dominate 90% of the AI chip market. Companies are developing custom chips to enhance efficiency and lower costs, while NVIDIA is transforming into a "full-stack AI" infrastructure provider to maintain its market leadership [2][4][7]. Group 1: Microsoft's AI Chip Development - Microsoft has launched its commercial AI chip "Maia 200," which is designed for high-performance AI inference, claiming it is three times more efficient than AWS's latest AI chip and offers 30% better performance within the same budget [5][6]. - The Maia 200 chip utilizes TSMC's 3nm process and integrates SK Hynix's HBM3E memory, with plans to support OpenAI's latest models [5][6]. - Microsoft aims to shorten the production to deployment timeline for its chips, indicating a potential reduction in reliance on NVIDIA [5][6]. Group 2: Other Companies' Custom Chip Initiatives - Google is using its custom Tensor Processing Units (TPUs) for training and running its Gemini AI models, which outperform GPUs in certain tasks while reducing operational costs [6]. - AWS has released its Trainium3 AI chip, boasting a fourfold increase in computing performance and a 40% reduction in energy consumption compared to its predecessor [6]. - Meta is exploring the use of Google's TPU in its upcoming data centers, while OpenAI is collaborating with Broadcom to develop a custom chip set for release later this year [6]. Group 3: NVIDIA's Market Position and Strategy - Despite the rise of custom chips from competitors, NVIDIA continues to expand its business into AI models and robotics, aiming to maintain competitiveness in a diversifying market [7]. - NVIDIA is also venturing into CPU supply, recently announcing a $2 billion investment in CoreWeave to deploy its CPUs, challenging Intel and AMD [7]. - The company is actively developing AI models and platforms, including an open-source weather forecasting AI model and the Omniverse platform for robotic simulations [7]. Group 4: NVIDIA's Growth Projections - NVIDIA is expected to surpass Apple as TSMC's largest customer this year, with projections indicating that 22% of TSMC's revenue in 2025 will come from NVIDIA, compared to Apple's 18% [8].

Financial markets are up as the first U.S. Federal Open Market Committee meeting of the year gets underway on Jan. 27 and 28. Investors are also closely watching multiple earnings reports from major tech companies. The Fed’s interest rate decision, which is widely expected to remain unchanged, is likely to have a notable impact on financial markets, including cryptocurrencies, according to Yahoo Finance. Interest rates affect borrowing costs for both companies and consumers. If the Fed signals lower ra ...

| MSFT 微软 | | | | --- | --- | --- | | 470.280 ↑ +4.330 +0.93% | | 收盘价 01/26 16:00 美东 | | 474.920 + 4.640 +0.99% | | 盘前价 01/27 04:44 美东 | | 二 24 4 3 8 0 日 | | ● 快捷交易 | | 最高价 474.250 | 开盘价 465.305 | 成交量 2929.12万 | | 最低价 462.000 | 昨收价 465.950 | 成交额 137.81亿 | | 平均价 470.477 | 市盈率 33.45 | 总市值 3.5万亿 (... | | 振 幅 2.63% | 市盈率(静) 34.48 | 总股本 74.32亿 | | 换手率 0.40% 市净率 9.626 | | 流通值 3.49万亿 | | 52周最高 553.502 委 比 -53.85% | | 流通股 74.23亿 | | 52周最低 342.951 量 比 0.89 | | 色 手 1股 | | 历史最高 553.502 股息TTM 3.320 | | | | 历史最低 6.166 股 ...

Bitcoin Rises on Optimism Over Upcoming Big Tech EarningsCONCLUDED[Stock Market News From Jan. 27, 2026: S&P 500 Hits Closing High]Last Updated:---15 hours ago# Bitcoin Rises on Optimism Over Upcoming Big Tech EarningsByRenae Dyer, Dow Jones NewswiresBitcoin was edging higher following gains in U.S. stocks overnight on optimism over upcoming U.S. megacap tech earnings.Investors are positioning ahead of results from Microsoft, Apple, Meta and Tesla this week."The spotlight now shifts to whether the AI-fuelle ...