Bloomberg
Meta Fuels AI Capacity Glut Fears, Chip Stocks Slump | The Pulse 7/2/2026
Thursday, July 2, 2026
Meta announced increased artificial intelligence infrastructure investments on July 2, 2026. Semiconductor stocks declined following the announcement. Paul Donovan of UBS Global Wealth Management, Vlad Tenev of Robinhood, Jim DeMare of Bank of America, and George Arison of Grindr were interviewed by Bloomberg regarding market implications.
Original reporting: https://www.bloomberg.com/news/videos/2026-07-02/the-pulse-7-2-2026-video