Microsoft, Google Reports Lift Nvidia, Super Micro, Other AI Hardware Makers
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and Google parent Alphabet (GOOGL) announced increased spending on data center hardware to support artificial intelligence initiatives late Thursday. The news drove AI stocks higher on Friday, including top names Nvidia (NVDA) and Super Micro Computer (SMCI).
Earlier this week, Meta Platforms (META) and Tesla (TSLA) also announced elevated capital expenditures related to AI.…
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