Tech’s splurge on AI chips has companies in an “arms race” forcing more spending.

Nvidia shares again: Here's what you need to know

Meta founder and CEO Mark Zuckerberg speaks during the Meta Connect event at Meta headquarters in Menlo Park, California, on September 27, 2023. Josh Edelson | AFP | Getty Images Measure CEO Mark Zuckerberg is amassing a large stock of Nvidia chips, spending billions of dollars so his company can develop and train advanced forms … Read more