Brace for eye-popping AI spending plans when ‘Magnificent 7’ earnings roll in

Investors should brace for eye-popping capital expenditures numbers from major cloud service providers like Amazon (AMZN) and Microsoft (MSFT) when they report earnings this week.

In a new note, JPMorgan strategist Samik Chatterjee offered some fresh estimates on accelerating AI infrastructure spending.

Brian Sozzi | Yahoo Finance

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