WS #12934
Google raises capex to $205B, OpenAI seeks $250B Nvidia backstop, Michael Burry increases bearish AI bets, while Celestica reports strong earnings and raises guidance, creating a mixed signal for AI infrastructure stocks. Qorvo beats Q1 estimates with EPS $1.64 vs $1.10 consensus, sales beat; Skyworks delivers solid results; both announce expected leadership team for their combination.
AI Capex Debate Intensifies: Google Spending Surge, Burry Bearish, Celestica Bullish
Google raises capex to $205B, OpenAI seeks $250B Nvidia backstop, Michael Burry increases bearish AI bets, while Celestica reports strong earnings and raises guidance, creating a mixed signal for AI infrastructure stocks.
Qorvo beats Q1 estimates with EPS $1.64 vs $1.10 consensus, sales beat; Skyworks delivers solid results; both announce expected leadership team for their combination.