WS #10475
Chevron signs 20-year power agreement with Microsoft for West Texas data center; Qualcomm nears deal for AI chip startup Modular, both bullish for AI infrastructure and chip sectors. Palantir hits 52-week low, down 7%, as traders de-risk high-multiple AI and software names, signaling bearish sentiment for high-multiple tech stocks.
AI Infrastructure Buildout
Chevron signs 20-year power agreement with Microsoft for West Texas data center; Qualcomm nears deal for AI chip startup Modular, both bullish for AI infrastructure and chip sectors.
Palantir hits 52-week low, down 7%, as traders de-risk high-multiple AI and software names, signaling bearish sentiment for high-multiple tech stocks.