Chip index drops nearly 6% on Qualcomm guidance and data center curbs
Democratic control of Congress has put new data center construction in doubt, from a proposed Texas moratorium to grid-cost conditions in Ohio.
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Democratic control of Congress has put new data center construction in doubt, from a proposed Texas moratorium to grid-cost conditions in Ohio.
UBS estimates that roughly 30% of the new US data center capacity expected in 2028 is at risk, and the stock has broken below $200 ahead of its...
The jump reverses Tuesday’s selloff over memory-chip costs and lifts Cupertino’s market value back above $5 trillion.
Analysts’ average target implies 143.6% upside, but $35.1 billion of debt and a $39 billion capex plan hang over the November 10 earnings report.
The Super Intelligence division now supplies 52% of the company’s sales, and third-quarter capital spending ran to 134% of revenue.
The stock traded at $330.06 on Friday afternoon, below every major moving average, with softer capital spending plans at Alphabet and Microsoft...
Intel fell 26% on a weak PC outlook, a day after Alphabet’s worst single-day loss on record.
The company burned $9.07 billion in the third quarter as capital spending on AI outran cash from operations.
D.A. Davidson upgraded AVGO to buy and raised its target to USD 400, and the stock gained more than 3% on Wall Street.
The chipmaker is buying into a customer that aims to raise as much as $97.5 billion for artificial intelligence, in a deal that has split Wall Street.