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Google Outperforms Peers as AI Capex Surges to $168B

Dow Jones Newswires Read original source (opens in a new tab)
The Story

News Summary

  • Big tech's AI capital expenditures are projected to surge 74% year-over-year to $168 billion this quarter.
  • Alphabet (Google) stands out as the only hyperscaler outperforming the S&P 500 this year, displaying superior resilience amid heavy spending that is denting competitors' free cash flows.
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