Top Analyst Reports for UnitedHealth, Johnson & Johnson, & Walmart One analyst is asking if server chips can only go up. cratered on torn-in-half profits and a hike in capital spending to fuel Mark Zuckerberg's metaverse ambitions. Meta spending slams Facebook stock, but here are the chip stocks that are benefitingĭata-center stocks buoyed an otherwise down chip sector Thursday, as shares of Facebook parent Meta Platforms Inc. Learn how to invest in stocks following a simple three-step routine. Successful stock investing starts with having rules and a routine. How To Invest: Nvidia, GOOGL Reveal 3-Step Routine For Bull And Bear Markets For 2023, we expect capital expenditures to be in the range between $34 billion to $39 billion, driven by our investments in data centers, servers, and network infrastructure. While Meta's recent quarterly results weighted down on its stock, management's comments about investing in AI data centers helped give Nvidia's shares a boost today.
Investors were optimistic about Nvidia (NASDAQ: NVDA) today, likely after Meta Platforms said on its recent quarterly-earnings call that it is increasing its capital expenditures on artificial intelligence (AI) infrastructure, which could benefit Nvidia. Will Facebook Spending Spree On Metaverse Boost Arista, Nvidia, Ciena?įacebook-parent Meta Platforms' spending spree to build the "metaverse" could provide upside for makers of advanced technology products. we hope you will consider joining ValueForum or trying out our service with a 24 hour trial pass. Learn more about guest access, and benefits of membership Ticker symbol NVDA has been mentioned by ValueForum members in posts. As a ValueForum member, this section would contain NVDA message board posts where the
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