The Magnificent Seven are spending heavily on AI infrastructure, with Alphabet, Amazon, Microsoft, and Meta set to invest $725 billion in capital expenses this year. Tesla's capex is expected to rise to over $25 billion, driven by robot investments. Nvidia and Sandisk are highlighted as top stocks benefiting from this spending. Nvidia's Vera Rubin AI processors are being widely adopted by top hyperscalers. This spending spree could push the Magnificent Seven's total capex to over $750 billion by 2026.
Tap to vote and see what everyone thinks.
Waymo Hits 500,000 Autonomous Rides Per Week
Summary by ByteBrief