Nasdaq set for $2 trillion October wipeout as AI spending fears deepen
Hyperscaler capex forecasts and weak Intel and Amazon results triggered a broad tech selloff, with Alphabet, Amazon and Meta shedding nearly $900 billion in mar
TechCrunch · +14 outlets
Intel stock crashes about 30% in worst day in 50 years on weak guidance
Intel's guidance flagged a PC slump and a memory supply crunch that is raising component costs even as data center AI revenue grows.
TechCrunch · +14 outlets
Alphabet loses about $500 billion in market value as AI capex spooks investors
Alphabet's worst trading day followed a sharply higher capital spending plan, with BofA noting Google search is now valued below fossil fuel stocks.
Brave New Coin · +13 outlets
Amazon Q3: AWS revenue up 39%, $80B credit line tapped, custom chip sales planned
Amazon disclosed record AI-related spending, an $80 billion credit facility and plans to sell its custom AI chips to outside customers starting in 2027.
FindArticles · +12 outlets
Nvidia in talks to cosign Nscale's Anthropic data center loan in West Virginia
The chipmaker would back a multibillion-dollar credit guarantee for the West Virginia build tied to Anthropic's compute expansion.
TechCrunch · +6 outlets
Big Tech holds $3 trillion in AI spending commitments as hyperscaler capex hits $828B
Total AI infrastructure commitments balloon even as investors question the debt and cash flow implications of the buildout.
Bloomberg · +14 outlets
TechCrunch: cracks are emerging in the AI spending boom
Rising debt, negative free cash flow and growing investor skepticism are raising doubts about the sustainability of hyperscaler AI spending.
TechCrunch · +7 outlets
OpenAI's Altman meets Samsung executives as chip crunch deepens
The meeting highlights OpenAI's push to secure memory and foundry capacity amid a global AI chip supply squeeze.
Bloomberg · +2 outlets
Microsoft raises $25 billion as AI spending expands
The debt raise adds to the wave of financing Big Tech is using to fund AI infrastructure.
Yahoo Finance · +13 outlets
S&P revises Meta's outlook to negative on heavy AI capex and cash flow concerns
The rating action reflects pressure on Meta's free cash flow from rising AI-related capital expenditures and a possible equity raise.
The Tech Buzz · +6 outlets
Anthropic expected to get high junk rating from credit agencies after IPO, FT says
A junk rating would raise Anthropic's cost of borrowing as it commits heavily to compute and infrastructure.
TechCrunch · +13 outlets
Samsung posts record quarterly profit as AI chip demand lifts memory
Samsung's results underscore how the AI memory supercycle is driving record earnings for chip suppliers.
Bluefield Daily Telegraph · +12 outlets
MediaTek beats Q3 guidance with 18% sales growth as first AI chip ships
The chip designer raised its outlook on AI demand and targets 20% of the global custom AI chip market next year.
Telecompaper · +7 outlets
CoreWeave, Nebius and other AI cloud stocks tumble on hyperscaler spending jitters
Neocloud and memory names including CoreWeave, Nebius, Cloudflare and Snowflake fell sharply as investors reassessed AI infrastructure demand.
24/7 Wall St. · +6 outlets
Broadcom's $63B Anthropic deal seen as catalyst as shares swing on upgrade
Analysts view Broadcom's large Anthropic agreement as central to its custom AI chip growth outlook.
Pluang · +3 outlets
AI's circular financing spreads to Asia, widening contagion risk
Vendor financing arrangements between chipmakers, clouds and AI labs are drawing scrutiny as they spread across markets.
Bloomberg · +5 outlets
Power shortages leave AI chips idle in data centers
Electricity and infrastructure constraints, not chip supply alone, are emerging as a bottleneck for the AI buildout.
ET Datacenters
Google outspends Microsoft in race to expand cloud capacity
Cloud capacity expansion has become a central battleground as hyperscalers race to meet AI workload demand.
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