AI Arms Race Intensifies: Investors Nervous as Tech Giants Push Boundaries
Business
C
CNBC TV1805-02-2026, 11:41

AI Arms Race Intensifies: Investors Nervous as Tech Giants Push Boundaries

  • AMD shares saw their steepest fall in nearly a decade due to underwhelming AI forecasts, raising doubts about its competitiveness.
  • Alphabet announced a massive $185 billion capital expenditure plan for 2026, signaling a deep AI push but unsettling markets.
  • Nvidia's potential AI chip sales to China's ByteDance face regulatory hurdles, highlighting geopolitics' role in AI's future.
  • Hindustan Aeronautics (HAL) Ltd. shares fell 5.5% after Morgan Stanley trimmed its target price.
  • UN Secretary-General Antonio Guterres warned of the organization's 'imminent financial collapse' due to unpaid dues.

More like this

Loading more articles...