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2025-04-24 21:27:16
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Yahoo! News - by layer3.news on Nostr: yahoo.com_3 ✍️ NVIDIA and Amazon shares rose after executives pushed back on ...



✍️ NVIDIA and Amazon shares rose after executives pushed back on reports of a slowdown in artificial intelligence infrastructure spending, citing strong demand for compute power and data center capacity.
👉 NVIDIA and Amazon shares rose 3.2% and 3% respectively after executives pushed back on reports of a slowdown in AI infrastructure spending.
👉 Executives stated that demand for compute power and data center capacity remains strong.
👉 The companies criticized 'tea leaf reading' of their long-term strategy and downplayed industry concerns about a new model from Chinese AI firm DeepSeek.
👉 Executives from tech and energy firms pointed toward natural gas as a viable backbone for meeting surging electricity needs.
👉 The convergence of the tech and energy industries is becoming increasingly visible as AI adoption grows.

#KevinMiller #JoshParker #JackClark #OklahomaCity #technology



https://finance.yahoo.com/news/tech-stocks-climb-nvidia-amazon-201842954.html

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