Both tech giants raised their capital spending on AI. Read more at straitstimes.com. Read more at straitstimes.com.

Nvidia shares sold off sharply this spring, fueled by increased worry that spending on artificial intelligence infrastructure ...

Meta and Microsoft have been investing heavily in AI infrastructure in recent years, and are set to still shell out billions ...

Microsoft boosts capex after Google's hike last week as AI powering bumper results on cloud, advertising gains ...

Investors continue to underestimate artificial intelligence (AI), the secular tailwinds behind the chipmaker's supercharged ...

Earnings season for a handful of megacap tech firms has morphed into capex season with the AI arms race showing no signs of ...

S&P 500 and Nasdaq futures climbed to record levels on Thursday, after blockbuster earnings from Meta and Microsoft signaled ...

Wall Street's AI heavyweights added a combined half a trillion dollars in stock market value late on Wednesday after ...

Nvidia’s (NASDAQ:NVDA) ascent to a $4.3 trillion market capitalization has cemented its status as a titan in the tech world ...

Microsoft and Meta both beat earnings expectations by large amounts and the reason was because of AI helping their basic ...

Nvidia welcomed Microsoft to the exclusive $4 trillion club as America's tech giants plow through growing demand for ...

Meta delivered 22% revenue growth to $47.52 billion as AI investments fuel improved ad monetization. On the earnings call, co ...