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Tencent Shares Fall as AI Spending Squeezes Profit
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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cnbc.com
Chinese tech giant Tencent posts revenue beat on accelerating games sales, AI-driven ads
Tencent stock was down 26% so far in 2026 as the company faces intense competition in China in AI and investors grow jittery about its rising spending.
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channelnewsasia.com
Tencent Q2 revenue climbs 11% on AI-driven ad gains, but profit falls short
BEIJING, Aug 12 : Tencent Holdings reported an 11 per cent rise in second-quarter revenue on Wednesday, driven by strong advertising sales and steady gaming income, as the Chinese…
