Investors were looking to Microsoft and Meta to provide reassurance that they will keep spending heavily on Nvidia chips.

The tech giants are keeping capital spending plans in line as DeepSeek raises questions about future computing needs.

Satya Nadella, CEO of Microsoft, said the spending was needed to overcome the capacity constraints that hampered the tech ...

CEO of Meta and Facebook Mark Zuckerberg, Lauren Sanchez, Amazon founder Jeff Bezos, Google CEO Sundar Pichai and Tesla and SpaceX CEO Elon Musk. Photo credit: Getty The Fed is used to steering ...

Microsoft shares fell in Europe on Thursday after it issued a downbeat forecast for its cloud business, while Facebook parent ...

Microsoft has earmarked $80 billion for AI in its current fiscal year, while Meta has pledged as much as $65 billion ...

Meta and Microsoft are investing heavily in cloud and AI infrastructure, but face challenges from DeepSeek. Both focus on growth and optimization.

The S&P 500 saw mixed actions as Microsoft and Nvidia faced declines, while Meta and Tesla enjoyed gains. Microsoft's cloud forecast disappointed investors, contrasting with Tesla's positive future ...

"We expect CapEx growth in 2025 will be driven by increased investment to support both our generative AI efforts and our core business. The majority of our CapEx in 2025 will continue to be directed ...

Nvidia stock could benefit from these massive AI infrastructure investments.

That was the combined capital spending by Microsoft and Meta Platforms last quarter, nearly double the same period the previous year. The bulk of it is going on chips and data centers to power generat ...

The CEOs of the two companies said the massive AI spending was crucial to staying competitive in the new field ...