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3 results for “AI spending”

HBM Sellouts to 2029 Meet Eager Market Scepticism

SK hynix says DRAM and HBM are sold out through 2029 and Samsung says 2027 HBM is priced out, yet both stocks fell on AI spending fears despite record profits.

Chinedu Nwosu2 hrs ago0 min read

Markets

Wall Street Weekend Slide Puts Logic Behind Rates Habits

S&P 500 fell 1.82% and Nasdaq 2.86% on Friday as weak Intel guidance recharged worries about AI spending, payback and valuations.

Abiodun Abdullahi4 hrs ago0 min read

Technology

African banks ramp up AI spending despite data and fairness risks

Lenders are using AI for credit, fraud and customer service, but weak data, bias and job displacement raise governance questions.

Chinedu Nwosu0 min read