American tech giants' ability to turn their massive expenditures into profits has grown increasingly uncertain. The cost of debt and the price of memory chips – which increased sixfold in 2025 – make the problem even more complex.
Europe
US tech sector's record investments no longer excite markets
American tech giants' ability to turn their massive expenditures into profits has grown increasingly uncertain. The cost of debt and the price of memory chips – which increased sixfold in 2025 – make the problem even more complex.
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- 1 min read
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