Jul. 4 at 1:21 PM
$MSFT Anyone see Ed Zitron on CNBC saying Ai is bubble and cap ex is waste of money? ....Microsoft has $ 625 billion in backlog, but in order to fulfill the orders they need to invest heavy cap ex into Ai.
$GOOG also has $ 500 billion in backlog. It's not 'Build it and they will come'. It's They already here . The spend will continue to :
$NVDA $SOXX $SOXL ...