Search Results for "AI spending"

Tech Stocks Plunge as AI Spending Surges Toward $1 Trillion

US technology stocks fell sharply as the tech-heavy Nasdaq opened at its lowest level in more than two months, with Intel shares continuing their decline. The selloff comes as cumulative spending on a…

Nvidia Weighs Cosigning Nscale's West Virginia AI Data Center Loan as Investor Jitters Mount

Nvidia is reportedly considering cosigning a loan for Nscale's AI data center in West Virginia, a move that would provide financial backing from the chipmaker to help assuage investor concerns about A…