#分享美股交易赢英伟达股票

Summary of Core Financial Reports and Business Performance of the "Big Seven" AI Giants in U.S. Stocks

1. Apple

Core Highlights: Achieved the best March quarter performance in history, with total revenue of $111.2 billion, up 17% year-over-year. The iPhone 17 drove iPhone revenue to grow by $57 billion, a 22% increase. Service revenue surpassed $30.98 billion, setting a new high, with double-digit growth across all regions.

Potential Challenges: Product gross margin declined by 200 basis points quarter-over-quarter due to chip supply chain constraints and memory price increases. AI investments increased operating costs, and a conservative AI deployment approach poses technical route risks.

Competitiveness and Trends: Stable hardware ecosystem contributes cash flow; service business continues to generate high profits. Future plans include fully integrating local AI features into systems like iOS 19. Overall growth remains steady, but lacks rapid explosive points.

2. Microsoft

Core Highlights: Azure cloud business grew 39% year-over-year; overall intelligent cloud segment revenue reached $29.9 billion, up 26%, becoming the main growth engine. Copilot monthly active users surpassed 100 million. 90% of Fortune 500 companies are paying users, forming a "computing power + model" dual-profit cycle.

Competitiveness and Trends: Steady AI investments, with capital expenditure of $24.2 billion this quarter, up 27% YoY. The full-year AI infrastructure investment is expected to exceed $100 billion. Clear profit model across the entire chain makes it one of the most certain players in the AI industry, maintaining a leading competitive edge.

3. Alphabet (Google's parent company)

Core Highlights: Revenue of $109.9B, up 22% YoY; net profit of $62.58B, an 81% surge. Google Cloud revenue exceeded $20 billion for the first time, reaching $20.03B, a 63% increase. Search advertising grew 19%, driven by AI optimization; YouTube ads increased 11%.

Competitiveness and Trends: AI strategy is entering a realization phase. Full-stack AI deployment drives growth across all business areas. Capital expenditure for the full year has been raised to $180-190 billion. Later, Gemini 3.5 series will be launched, and API prices will be significantly reduced to capture enterprise markets. AI barriers continue to strengthen, leading the giants in profit growth.

4. Meta (Meta Platforms)

Core Highlights: Revenue of $56.3 billion, up 33% YoY; net profit of $26.8 billion, up 61%. Advertising business benefits from AI optimization, achieving high growth. Daily active users reach 3.56 billion. The Llama model is gradually building AI competitiveness.

Potential Challenges: After excluding one-time tax benefits, actual profits have shrunk significantly. Capital expenditure guidance for the full year has been raised to $125-145 billion. AI investment growth far exceeds revenue, raising market concerns about input-output efficiency. Market value evaporated by over $170 billion in a single day.

Competitiveness and Trends: An all-in AI strategy has built hardware barriers. Advertising has already benefited from AI dividends, but the long-term returns on large model investments remain to be validated. It is a high-growth, high-risk stock.

5. Amazon

Core Highlights: Revenue of $181.5 billion, up 17% YoY; net profit of $30.3 billion, a 77% increase. One-time gains from investments in Anthropic are included. AWS cloud revenue reached $37.59 billion, the fastest growth in 15 quarters, up 28%. Advertising revenue exceeded $70 billion annually.

Competitiveness and Trends: AWS maintains its leading position in cloud computing. The Bedrock model marketplace now covers 80% of Fortune 100 companies. The cloud + AI distribution model is gradually taking shape. E-commerce business remains steady. Overall competitiveness is solid, but faces fierce competition from Microsoft and Google Cloud.

6. Tesla

No specific progress on the Optimus robot in Q1 2026 has been disclosed in public financial reports. Currently, core profits still come from automotive business, with automotive gross margin around 15.4%. The profitability of cross-industry AI remains to be validated.

You are correct; the widely recognized "AI Big Seven" list includes Apple, Microsoft, NVIDIA, Alphabet (Google's parent), Amazon, Meta, and Tesla. The previous financial review indeed omitted NVIDIA. Here are its financial highlights:

7. NVIDIA

Core Highlights: Sales for the fiscal year 2026 Q2-Q4 increased 85% YoY to $81.6 billion, setting a quarterly record. Data center sales grew 112% YoY, driving strong overall performance. The global AI chip market share remains over 80%, firmly leading the industry.

Competitiveness and Trends: Supported by sustained AI demand, its GPU market position is unlikely to be challenged in the short term. Profitability is solid. Morgan Stanley raised NVIDIA's target stock price to $288 in May 2026, about 30% above current levels. The market generally believes its valuation still has room to grow.

Overall, the current AI giants show clear differentiation: NVIDIA, Microsoft, and Google have commercialized AI with high certainty of profitability; Amazon and Meta rely on cloud or advertising for high growth, but their returns on high investments remain to be validated; Apple maintains steady growth, but AI deployment is still under observation; Tesla's new AI business has yet to deliver results.