Evening digest: Nvidia, AMD invest in Meta, gold prices rebound
Nvidia and AMD moved to deepen their partnerships with Meta as the Facebook parent expanded its artificial intelligence infrastructure spending, while Microsoft offered voluntary buyouts to eligible employees. Meanwhile, gold prices recovered as oil eased on hopes of progress in Middle East peace talks, although geopolitical risks continued to cloud the energy market. Nvidia and AMD invest in Meta as AI spending expands Nvidia will invest $3 billion in Meta Platforms as the social media company increases its planned equity fundraising to $97.5 billion...