AnalysisBusinessJuly 28, 2026

AI spending boom faces market skepticism as investors dump Big Tech stocks

Alphabet raised its capex forecast to as much as $205 billion, up from $190 billion, helping spark an AI stock selloff. SK Hynix's quarterly profit rose 557% but missed expectations, and Nvidia locked in memory supply via a $500 billion deal.

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7 days · 4 reports · from Aug 7

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