Lam Research
Coverage of Lam Research in the Nexus archive.
- Asian shares rally after Dow hits a record, as some AI shares bounce back
Asian shares rose following the Dow's record high, with mixed performance in AI-related stocks. South Korea's Kospi and Hong Kong's Hang Seng gained, while U.S. job data and oil prices influenced market sentiment. Crypto stocks rose as Bitcoin rebounded.
- AI stock slump raises the question if investors are just taking profits or getting very nervous
Technology companies like Alphabet, Amazon, Meta, and Microsoft are investing up to $720 billion in AI data centers this year, but investors are questioning whether these expenditures will yield sufficient profits, leading to stock declines for companies such as Amazon, Alphabet, and AI chip manufacturers. Critics warn of an AI investment bubble, with companies like Alphabet and Amazon raising funds through stock sales and bond offerings to finance their AI expansions.