Stocks rose Wed., shrugging off Google's sell-off, partly because Google's woes from heavy capex is great for AI chipmakers such as Nvidia, Broadcom, Taiwan Semi and Arm. But Arm skidded late on meh guidance.

Separately, Tesla hit a two-month closing low.
https://www.investors.com/market-trend/stock-market-today/dow-jones-futures-arm-falls-nvidia-ai-chip-stocks-tesla-skids/