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CITIC Construction Investment has reported that Google has revised its capital expenditure projection for 2026, elevating it from the initial range of USD 180 billion to USD 190 billion to a new estimate of USD 195 billion to USD 205 billion. In a parallel development, Samsung Electronics, SK Group, and leading U.S. tech firms have inked a chip cooperation pact worth USD 950 billion. Presently, the artificial intelligence (AI) sector continues to thrive overall. However, there has been a notable correction in the AI market recently. CITIC Construction Investment suggests that this could be attributed to portfolio rebalancing among traders and apprehensions regarding future growth prospects. Despite a brief overcorrection, the computing power industry chain still exhibits robust momentum. Nevertheless, it is crucial to monitor subsequent industry developments closely.
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