WS #12713
Nvidia CEO denies AI chip bust, calling demand 'industrially driven'; Alphabet's first-ever cash burn and Intel's $20B+ CapEx raise investor concerns about Big Tech AI spending sustainability. Trump threatens tariffs on EU over tech fines, imposes new 10% tariffs on 60 trading partners including India and Canada, sparking lawsuits from small businesses.
AI Chip and Tech Capex Concerns
Nvidia CEO denies AI chip bust, calling demand 'industrially driven'; Alphabet's first-ever cash burn and Intel's $20B+ CapEx raise investor concerns about Big Tech AI spending sustainability.
Trump threatens tariffs on EU over tech fines, imposes new 10% tariffs on 60 trading partners including India and Canada, sparking lawsuits from small businesses.