AT&T Will Spend $250 Billion on Network; HP Enterprise Rises; TSMC Sales Jump 30% | Stock Movers

Today's biggest winners and losers in the stock market.

On this episode of Stock Movers:

- AT&T (T) said it will spend more than $250 billion in the next five years to build out its infrastructure in the U.S., setting up the company to more than double its annual investment in a battle for subscribers with its two largest competitors. The investments will focus on high-speed fiber connections and expanding wireless and satellite coverage, the Dallas-based telecommunications company said in a statement on Tuesday. AT&T deployed about $21 billion in capital spending last year, according to its last financial results.

- Hewlett Packard Enterprise (HPE) shares rise after the computer hardware and storage company’s results beat expectations on key metrics, although revenue was slightly weaker than expected. It also raised its full-year forecast for both adjusted earnings and free cash flow

- Taiwan Semiconductor Manufacturing's (TSMC) sales growth is running behind lofty expectations in 2026, suggesting sky-rocketing memory prices may be hurting even high-end smartphone and PC demand.

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AT&T Will Spend $250 Billion on Network; HP Enterprise Rises; TSMC Sales Jump 30%