WS #12712
Nvidia CEO denies chip bust; Alphabet's cash burn and $700B US-Korea AI push highlight massive capex; Intel falls on $20B+ CapEx despite earnings beat. Trump threatens tariffs on EU over tech fines; new 10% tariffs on India and other countries; small businesses file lawsuits challenging tariffs.
AI Chip and Tech Spending Concerns
Nvidia CEO denies chip bust; Alphabet's cash burn and $700B US-Korea AI push highlight massive capex; Intel falls on $20B+ CapEx despite earnings beat.
Trump threatens tariffs on EU over tech fines; new 10% tariffs on India and other countries; small businesses file lawsuits challenging tariffs.