Changes in US stocks | Google A (GOOGL.US) fell nearly 3% to a new low since July 27

The Zhitong Finance App learned that on Wednesday, Google A (GOOGL.US) fell nearly 3% in early trading, a new low since July 27, and is now reported at $330.25. According to the news, Google's parent company Alphabet will deploy its largest single European investment to date in Finland, totaling at least 13 billion euros, indicating that the tech giant is continuing to increase its AI computing power infrastructure. According to reports, Alphabet issued a statement saying that the investment will be used to build at least three new data centers over the next two years and expand its existing facilities in the southeastern Finnish city of Hamina. Ruth Porat, Alphabet's chief investment officer, said: “Google is proud to further deepen its presence in Finland. This is the company's largest single investment in Europe.”

This investment is part of Alphabet's overall strategy to accelerate the expansion of AI computing power. According to previous reports, Alphabet raised its annual capital expenditure forecast to a maximum of 205 billion US dollars in July this year to further consolidate its leading position in the AI competition.