The stock price drop underscores growing investor anxiety over the high costs of the global AI arms race, but the tech giant is betting increased token usage will deliver sustainable profits
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Hong Kong-listed shares of Tencent Holdings Ltd. fell more than 5% in Thursday morning trading after the company released its latest financial report showing that aggressive spending on AI compressed its second-quarter profit growth.
Tencent Q2 profit down amid AI investment push
AI spending snuffs out tencent’s profit-growth run
Chinese tech giant Tencent posts revenue beat on accelerating games sales, AI-driven ads
Tencent Q2 revenue climbs 11% on AI-driven ad gains, but profit falls short
Tencent earnings rise as AI lab faces cash challenges
Tencent Q2 revenue climbs 11% on AI-driven ad gains, but profit misses the mark
Tencent capex jumps 176% on AI push as revenue beats estimates
Games and advertising still fund the company’s next act, but investors are asking when AI will become more than a spending line.
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