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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.
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