Stock Movers AT&T Will Spend $250 Billion on Network; HP Enterprise Rises; TSMC Sales Jump 30%
Mar 10, 2026
Big telecom plans to spend $250 billion on fiber, 5G, home internet, wireless and satellite expansion. A hardware and storage company beats key metrics and lifts networking sentiment amid AI-driven demand. A leading chip foundry reports roughly 30% sales growth with calendar and memory-price effects. A cloud software firm’s capital spending and earnings preview also come under discussion.
AI Snips
Chapters
Transcript
Episode notes
AT&T Commits Massive $250B Network Buildout
- AT&T will spend over $250 billion across five years to accelerate fiber, 5G, home internet, wireless, and satellite in the U.S.
- The plan includes hiring thousands of technicians and using AST Space Mobile to extend coverage in remote areas.
HPE Beats Earnings And Leverages AI Demand
- Hewlett Packard Enterprise beat fiscal Q1 earnings and raised its full-year adjusted earnings and free cash flow forecast despite a slight sales miss.
- HPE is benefiting from AI-driven demand for networking products and has been raising prices amid an ongoing memory chip shortage.
TSMC Shows ~30% Sales Growth Fueled By AI Spending
- TSMC reported combined January–February sales growth near 30%, with February softer due to Lunar New Year calendar effects.
- The strength signals continued AI-related semiconductor spending, though geopolitical risks remain after the Iran strike.