Buy Stock in the Mag 7 Hyperscalers or Are They Spending Too Much?
Although they are among the world’s most profitable companies and have strong balance sheets, the immense spending on various AI investments from the hyperscalers in the Mag 7 has been scrutinized.This includes Amazon (AMZN) , Alphabet (GOOGL) , Meta Platforms (META) , and Microsoft (MSFT) , which are building and operating massive global-scale cloud infrastructures that are needed to run AI models and huge data workloads.There is no doubt that “hyperscaling” is the only way to run AI, cloud, and data-inten ...