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After unexpectedly strong sales and profits across its consumer and cloud businesses, the tech giant said another strong quarter might be ahead.
The company’s revenue rose to above $100 billion in the quarter for the first time, and profit soared 86 percent.
Europe’s largest automaker said a shortage of semiconductors could further hurt productivity.
The company reported higher-than-expected capital expenditures of $34.9 billion in its latest quarter.
Profits also rose, to just under $35 billion, as Google Search proved resilient to A.I. alternatives.
The Silicon Valley company projected more spending this year and said it would continue in 2026 as it hires A.I. researchers and builds data centers to power the technology.
The A.I. chip maker has become a linchpin in the Trump administration’s trade negotiations in Asia.
The layoffs at factories in Michigan, Ohio and Tennessee follow the elimination of a $7,500 federal tax credit for electric cars.
A.J. Jacobs went 48 hours without interacting with artificial intelligence. The experiment revealed just how embedded artificial intelligence already is in our daily lives.
The start-up, which creates A.I. companions, faces lawsuits from families who have accused Character.AI’s chatbots of leading teenagers to kill themselves.