Alphabet, Microsoft, and Meta reported combined AI capital spending of $725 billion, up sharply from prior quarters, sparking investor debate on returns.

Intel posted its strongest revenue growth since 2011 and raised Q3 guidance on AI-driven server chip demand, but shares fell amid broader AI spending worries.

A selloff in mega-cap tech erased nearly $800 billion in market cap as investors balked at rising AI capital expenditure with no clear near-term payoff.

Nvidia shares hover near all-time highs as sustained AI chip demand from hyperscalers supports continued revenue growth.

Moody's cautioned that the massive capital shift into AI infrastructure is turning cash-rich tech companies into capital-intensive borrowers, pressuring credit

AMD will supply Anthropic with tens of billions of dollars in AI servers and invest up to $5 billion, deepening its push into AI infrastructure.

Broadcom shares trade near record levels as AI chip and networking sales underpin strong earnings momentum.

SpaceX set its IPO price at $135 per share, the largest in history; Morgan Stanley notes the price implies zero value for its AI business.

AMD shares trade near record highs as accelerating AI chip revenue and raised guidance offset margin concerns.

TSMC stock jumped after Q1 results topped estimates on strong demand for AI accelerators and advanced processors.

Samsung landed a $200 billion chip manufacturing deal with Broadcom, marking one of the largest foundry agreements in history.

TSMC boosts US investment to $265 billion amid pressure to manufacture AI chips domestically, though rising costs squeeze profit margins.

Nvidia and SK Group announced a $500 billion-plus partnership to build AI infrastructure, including memory and networking.

Applied Materials shares trade near yearly highs as rising semiconductor capital expenditure driven by AI demand boosts equipment orders.

IBM lowered its full-year revenue growth forecast, citing customers redirecting IT budgets toward AI data center buildouts.

BlackRock kicked off a $12.3 billion bond sale to finance a Meta data center, as borrowing costs for AI infrastructure projects rise.

Wall Street analysts view Big Tech's rising AI capex as a positive catalyst for semiconductor stocks despite near-term cost concerns.

Oracle eliminated 21,000 positions, citing restructuring amid the industry's massive AI infrastructure push.