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Tech & AI

OpenAI keeps data center spending plans despite midterm voter opposition

Meta Platforms, the subject of this story

OpenAI finance chief Sarah Friar said the company will keep expanding computing capacity to meet customer demand, despite voter opposition to new data centers in the midterms. That spending goes to chipmakers and cloud providers held in most index funds, so steady plans could support their orders.

The numbers

The numbers, Week ended Friday
Meta Platforms (META) price$610.15
Meta Platforms (META) change +0.84%
Meta Platforms (META) market value$1.4 trillion
Meta Platforms (META) 52-week high$777.59
S&P 500 change +0.31%
10-year Treasury yield4.86%

Week ended Friday

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