From NASDAQ.: 2024-08-02 13:00:00

Big tech companies investing billions in AI face longer ROI timeline. Microsoft and Alphabet stocks drop post earnings, fueled by concerns over AI profitability. AMD shines with strong performance, benefiting from tech giants’ demand for chips. Meta beats Q2 revenue expectations despite high AI investment costs. Semiconductor industry sees surge in demand, making chip ETFs attractive investments over tech ETFs.



Read more at NASDAQ.: Are Semiconductor ETFs Better Bets on AI Boom Than Big Techs?