WS #13421
AMD and SpaceX beat earnings but stocks fell 8-10% on AI capex concerns, while SpaceX's exclusive Nvidia commitment is a bullish counter-signal for NVDA. Texas Governor Abbott halted new data center grid connections pending audits, a potential headwind for AI infrastructure growth and related tech names. Michael Burry warns of a '1987-type fall' and holds shorts on AI-related ETFs, adding to AI-capex scrutiny.
AI Earnings Sell-Off and Capex Scrutiny
AMD and SpaceX beat earnings but stocks fell 8-10% on AI capex concerns, while SpaceX's exclusive Nvidia commitment is a bullish counter-signal for NVDA.
Texas Governor Abbott halted new data center grid connections pending audits, a potential headwind for AI infrastructure growth and related tech names.
Michael Burry warns of a '1987-type fall' and holds shorts on AI-related ETFs, adding to AI-capex scrutiny.