NVIDIA Corp NVDA shares are trading higher Wednesday as investors react to Alphabet Inc.’s GOOGGOOGL strong capital expenditure guidance, which exceeded analyst expectations and eased concerns about a slowdown in AI spending.
What To Know: Alphabet’s fourth-quarter results, released Tuesday after market close, showed plans to spend $75 billion on capital expenditures in 2025, significantly above the expected $58 billion. This bolstered confidence in AI-related chipmakers, including…