Reported 1 day ago
Shares of AI-related semiconductor companies like Broadcom, Lam Research, and Monolithic Power increased significantly following the announcement of the Stargate data center project, which involves a massive $100 billion initial investment aimed at advancing AI infrastructure in the U.S. While this news has spurred optimism among investors, concerns remain about the viability of the financial figures and the actual impact on the market, signaling a cautious optimism as stocks react to the announcement.
Source: YAHOO