Search

Home > TechCheck > Google’s Capex Problem, Plus Semis Drag On Market 7/24/24
Podcast: TechCheck
Episode:

Google’s Capex Problem, Plus Semis Drag On Market 7/24/24
Category: Technology
Duration: 00:05:20
Publish Date: 2024-07-24 18:43:08
Description:

One lesson from Alphabet earnings that we can expect from all megacaps this season: it's not cheap to be a hyperscaler in the age of AI. CEO Sundar Pichai told investors he'd rather spend too much than too little to meet Google's AI moment – but that still leaves uncertainty around how long it’ll take until these massive investments show a return. Plus, semiconductors stocks are contributing to today’s broader tech sell-off, with names like Nvidia, Broadcom and Taiwan Semi sinking.  
Total Play: 0