US Tech Stocks Mixed; Netflix, Meta up 2%; Alphabet, Apple, Intel up 1%; Micron Drops 2%; Nvidia down 1%

Tiger Newspress2025-03-25

Big tech stocks mixed in Tuesday trading.

Netflix, Meta rose 2%; Alphabet, Apple, Intel up 1%; Tesla rose 0.3%; Micron fell 2%; Nvidia fell 1%.

While other Big Tech firms invested heavily in artificial intelligence data centers, Apple stayed on the sidelines, choosing to avoid the capex spending surge. But that appears to have changed with Apple realizing it needed to join the AI data center game.

Loop Capital analyst Ananda Baruah late Monday said Apple is in the process of placing orders for about $1 billion in NVIDIA GB300 NVL72 systems. That equates to about 250 servers at $3.7 million to $4 million each, he said in a client note.

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