Reported 26 days ago
Big technology firms like Microsoft and Meta are ramping up investments in AI infrastructure to meet soaring demand, raising concerns among investors about potential impacts on profitability and returns. With significant capital expenditures reported and expectations for Amazon's financial results looming, Wall Street is anxious for quicker returns on these investments. Despite recent profit and revenue growth, shares of these companies have fallen amid warnings of increasing costs and challenges related to capacity constraints in the tech industry.
Source: YAHOO