Technology · 25 views
Broadcom , Nvidia shares rise on surging Google AI capex spend
Broadcom shares climbed 6% in extended trading Wednesday after Google reported earnings and surging capital expenditures for artificial intelligence.
Summary
Broadcom shares climbed 6% in extended trading Wednesday after Google reported earnings and surging capital expenditures for artificial intelligence. Google said Wednesday that it expects to spend as much as $185 billion on capital expenditures this year, which is nearly double what it spent last year.
AI summaries can be wrong sometimes—always verify important details using the source article.
How AI & Automation are usedMore from Technology
Continue reading recent Technology coverage
- Google’s New Pixel Features Include Shortcuts to Your Favorite Contacts, Adds Scam AlertsContinue reading
- Microsoft announces Windows and Surface event for October 7thContinue reading
- Prime Video Launches Super Bundle With Starz, AMC Plus, BritBox, MGM Plus and PBS MasterpieceContinue reading
- What if social media isn’t hurting kids?Continue reading
Support HappeningNow
Independent AI-powered news analysis is reader-supported. Your contribution helps cover infrastructure, summaries, and continued platform development.
Support HappeningNow