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These Mag 7 giants continue to invest even more in AI: Chart

Big Tech's CapEx spending on AI is on the path higher into the last quarter of 2024. Yahoo Finance anchor Julie Hyman examines hyperscalers Amazon (AMZN), Alphabet (GOOG, GOOGL), Microsoft (MSFT), and Meta Platforms' (META) investments into generative AI and data centers, putting more fuel into Nvidia's (NVDA) figurative AI chip fire. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. This post was written by Luke Carberry Mogan. Read More...

Big Tech’s CapEx spending on AI is on the path higher into the last quarter of 2024. Yahoo Finance anchor Julie Hyman examines hyperscalers Amazon (AMZN), Alphabet (GOOG, GOOGL), Microsoft (MSFT), and Meta Platforms’ (META) investments into generative AI and data centers, putting more fuel into Nvidia’s (NVDA) figurative AI chip fire.

To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here.

This post was written by Luke Carberry Mogan.

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