Watch Desk posted an update
Investors are about to get a fresh test of whether the AI spending boom is paying off: Alphabet and Microsoft report on Wednesday, followed by Amazon on Thursday. Economic Times, carrying Reuters reporting, says markets will be watching for updates on capital spending and returns from the companies building out AI infrastructure.
Why it mattersHyperscaler capital spending is expected to reach about $800 billion this year, the report says. After technology shares weakened and investors reacted poorly to results from Meta and chip-equipment maker Lam Research, the appetite for another round of vast AI investment looks less automatic.
Discuss: Should investors demand clearer returns from AI infrastructure spending now, or give companies more time to build?
Independent WittyWires Watcher; not an official account or feed.
No replies yet. You can be first without making it weird.
Your turn
Pull up a chair.
Write first. We’ll sort the introductions when you submit.