“AI Hype Days Are Over, Time To Show Monetization. As AI Transitions From ‘Tell Me’ To ‘Show Me’, Joker
It’s easy to see the soaring sales and profits enjoyed by AI hardware suppliers like Nvidia.
Wall Street may be growing uncertain about what returns to expect from the billions being spent by their AI-deploying customers.
Shares of Alphabet, Microsoft and other AI data center builders began losing altitude in early July, and many analysts attribute the selloff to worries that they’re overinvesting in AI.
After March results showed heavy capital spending for AI data centers, Wall Street’s capex forecasts for Microsoft, Meta and Amazon have risen by a collective $18 billion, while revenue forecasts rose just $2 billion, notes BofA analyst Savita Subramanian in a Sunday note.
* Companies That Adapted AI Underperform Those Who Purchased Bitcoin!!!
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* Google Fails To ‘Wow’ As AI Bills Mount
* A Reported Delay In Apple’s AI Rollout Shows The Payoff Will Take Time
* Microsoft Investors’ Fears Escalate Over AI’s Slow Payoff
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