As long as AI spending make sense, these investments are urgent and needed, says Jim Cramer
We keep hearing that all the AI spending by the hyperscalers, the nation state companies like Google or Microsoft has to stop eventually. It's not worth the price. They'll regret it.They aren't getting a lot out of it. And then you get a quarter like the one Alphabet reported yesterday where they added $10 billion to their already $75 billion capital expenditure budget and you realize just how off base these criticisms might be. As long as this spending continues to make sense and that makes well it sure se ...