AI Data Center Spending By Nvidia, Microsoft And Other 'Mag 7' Titans Is Squeezing S&P 500 Share Buybacks, Goldman Sachs Warns
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. The race among the “Magnificent Seven” tech giants to construct large AI data centers is having an unforeseen effect on share buybacks, a recent Goldman Sachs report reveals. AI Data Center Push Slows S&P 500 Buybacks In 2025 The Magnificent Seven — Nvidia (NASDAQ:NVDA), Microsoft (NASDAQ:MSFT), Apple (NASDAQ:AAPL), Alphabet (NASDAQ:GOOGL), Amazon (NASDAQ:AMZN), Meta (NASDAQ:FB), and Tesla (NASDAQ:TSLA) al ...