Google’s $185B AI spending plan jolts tech stocks as AMD plunges
New York, February 5, 2026, 06:05 (EST) World stocks dipped Thursday after Alphabet unveiled plans to boost capital spending to as much as $185 billion by 2026. Chipmaker AMD’s 17% drop the day before added to a tech selloff that’s erased nearly $850 billion in market value this month. Craig Inches, head of rates and cash at Royal London Asset…