AI Cloud Spending Lifts Chip Stocks
TL;DR Summary
Amazon announced a roughly $200 billion 2026 spending plan on AI and cloud infrastructure, boosting AI-chip names like Nvidia, AMD, and Marvell, with Alphabet signaling similar AI investments and raising expectations for ongoing demand in AI accelerators and data-center hardware.
- Why Are AI and Chip Stocks Rising Today? TipRanks
- Nvidia Shares Surge on Big Tech’s $650 Billion AI-Spending Plan Yahoo Finance
- Nvidia’s stock shoots toward best day since April as tech sector rebounds MarketWatch
- Nvidia leads chip stocks higher as broader market gains after software sell-off Seeking Alpha
- Prediction: This Artificial Intelligence (AI) Stock Will Be Worth $5 Trillion by End of 2026 The Motley Fool
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