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Asian Chip Stocks Climb as Alphabet Spending Revives AI Momentum

Bloomberg

BusinessBloomberg·Jul 23, 2026·1 min read

Asian Chip Stocks Climb as Alphabet Spending Revives AI Momentum

Asian semiconductor stocks rose as Alphabet Inc.’s plans to spend up to $200 billion this year on artificial intelligence computing power refueled optimism over trickle-down benefits.

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