Surging AI Data Center Capex Seen Lifting These Stocks

TRENDING: You Don't Have To Dig Far To Cash In On Rare Earths Ballooning capital expenditures on AI data centers will benefit the entire tech stack of computer gear makers, analysts say. The trend is positive for AI stocks providing the picks and shovels for the modern-day gold rush. BNP Paribas analyst Karl Ackerman said the increased spending revealed Wednesday by tech giants Alphabet (GOOGL), Meta Platforms (META) and Microsoft (MSFT) has positive implications for more than just AI chipmakers AMD (AMD) a ...