From Financial Modeling Prep: 2025-04-10 03:57:00

Alphabet Inc. reaffirms its $75 billion capital expenditure plan for 2022 to expand data center capacity and AI infrastructure. CEO Sundar Pichai highlights the importance of AI development, including the Gemini model.

Despite U.S. tariff concerns, President Trump announces a 90-day pause on tariffs for many countries. However, tariffs on Chinese goods increase to 125%, potentially impacting hardware import costs.

Alphabet’s commitment aligns with tech peers like Microsoft and Meta Platforms, who plan significant investments in AI infrastructure. Following the news, Alphabet’s shares surge nearly 10%, contributing to a $1.5 trillion gain among top tech stocks.



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