Nvidia and Arista see their stocks drop as Meta capex outlook trails estimates

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Emily Bary is a MarketWatch news editor based in New York.

Shares of Arista Networks Inc.

and Nvidia Corp. were falling in after-hours trading Wednesday after Facebook parent Meta Platforms Inc. delivered a lower initial outlook for 2024 capital expenditures than analysts had been expecting. Arista’s stock was off more than 6% and Nvidia’s was off more than 1%. Meta expects $30 billion to $35 billion in capital spending next year, “with growth driven by investments in servers, including both non-artificial intelligence and AI hardware, and data centers as we ramp up construction on sites with the new data center architecture we announced late last year.

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

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इंडिया ताज़ा खबर, इंडिया मुख्य बातें

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