AI infrastructure, chip stocks fall after report Meta building cloud business for excess AI compute – Seeking Alpha

Home AI AI infrastructure, chip stocks fall after report Meta building cloud business for excess AI compute – Seeking Alpha
AI infrastructure, chip stocks fall after report Meta building cloud business for excess AI compute – Seeking Alpha

Chip and AI infrastructure-related stocks fell on Wednesday after a report that Meta Platforms (META) is building a cloud business for excess AI compute.
Meanwhile, Wall Street averages were mixed. The tech-focused Nasdaq Composite (COMP:IND) fell around 0.33%. At the

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