WS #10476
Chevron-Microsoft power deal and Qualcomm-Modular AI chip acquisition signal continued AI infrastructure investment, bullish for energy and chip sectors. Palantir falls 7% to 52-week low, SMCI surges 15.7% on AI server beat, ARM drops 7.2% on valuation downgrade, indicating rotation within tech.
AI Infrastructure Buildout
Chevron-Microsoft power deal and Qualcomm-Modular AI chip acquisition signal continued AI infrastructure investment, bullish for energy and chip sectors.
Palantir falls 7% to 52-week low, SMCI surges 15.7% on AI server beat, ARM drops 7.2% on valuation downgrade, indicating rotation within tech.