capital investment

Fewer people can translate into less capital investment and lower demand for goods and services.

Price jumps for memory chips "are huge and the trend is continuing", said Stephen Wu, founder of the Carthage Capital investment fund.

However, even though AI has boosted Microsoft’s Azure business, Rothschild & Co Redburn analyst Alex Haissl pointed out in a Tuesday note that these AI revenues require six times the amount of capital investment to yield the same level of value compared to traditional cloud revenues.

Dell is likely to issue a better-than-expected outlook for the fourth quarter and ease concerns about the sustainability of AI capital investment, the bank said.

Before the bump, on Friday, CEO Elon Musk spoke with Rob Baron, his “true and tested friend,” as well as a longtime Tesla and SpaceX shareholder, at the annual Baron Capital Investment Conference.