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Michael Burry Just Exposed How Big Tech Is Inflating AI Profits
Yahoo Finance·2025-11-27 16:26

24/7 Wall St. Over the past two years, Amazon (NASDAQ:AMZN), Alphabet (NASDAQ:GOOG)(NASDAQ:GOOGL), and Microsoft (NASDAQ:MSFT) have collectively committed nearly $3 trillion to AI infrastructure. Microsoft alone plans $80 billion in fiscal 2025 capex, mostly data centers; Alphabet raised its 2025 guidance to $75 billion; and Amazon’s AWS is on pace for $100+ billion annually by 2026. The stated goal: lock in dominance before rivals do. Wall Street cheers every upward revision, sending these stocks to rep ...