- Alphabet’s plans to ramp up AI spending is good news for chip makers.
- Nvidia, Broadcom, and other chip stocks climbed Wednesday as traders reacted to a capex surprise from Alphabet.
- Meta, Microsoft, and Tesla have also signaled they plan to keep spending big on AI.
Alphabet’s plans to keep spending big on artificial intelligence is helping chip stocks on Wednesday.
In its earnings call on Tuesday, Alphabet told investors it plans to spend $75 billion on…
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https://markets.businessinsider.com/news/stocks/nvidia-stock-price-broadcom-avgo-ai-chips-spending-alphabet-tech-2025-2
