The AI arms race among the four giants of US stocks escalates again: Capital expenditure will exceed 320 billion dollars this year
Microsoft, Meta, Alphabet (Google's parent company), and Amazon have recently released their earnings reports for the last quarter of 2024 and disclosed guidance for 2025. Overall, the capital expenditures of these four giants in 2025 are consistently rising, indicating that the AI competition will become increasingly fierce. This intense "money-burning" plan, coupled with a lower-cost AI route demonstrated by Chinese company DeepSeek, is causing Wall Street to worry more about whether these tech giants can achieve sufficient returns.
According to reports from Microsoft, Google, Amazon and Meta, the total capital expenditure of these four giants in 2024 was $246 billion USD - a surge of 63% compared to $151 billion USD in 2023. This year's total capital expenditure may exceed $320 billion USD.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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