Hyperscalers’ gargantuan AI spending paves way for ‘long-term value creation’: Wedbush

The immense capital expenditures pouring into artificial intelligence infrastructure from the most massive hyperscalers, such as Microsoft (MSFT), Google (GOOG)(GOOGL), Amazon (AMZN) and Meta Platforms (META), are paving the way for “long-term value creation,” according to Wedbush analysts.

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