China Tech Companies Chart Different AI Courses Amid Capex Arms Race
NEW YORK, NY - JANUARY 29: Stock numbers for Apple are displayed on a screen at the Nasdaq MarketSite in Times Square, January 29, 2019 in New York City. Apple is set to report first-quarter earnings results after U.S. markets close on Tuesday. (Photo by Drew Angerer/Getty Images)Getty ImagesArtificial intelligence is no longer confined to flashy demos—it’s now a line on the income statement, and an even bigger one on capital expenditure budgets. In the third quarter of 2025, the world’s biggest tech compan ...