Amazon CEO Andy Jassy calls AI capital expenditures a ‘once-in-a-generation’ opportunity, pushing back on Wall Street pressure for near-term returns as Big Tech infrastructure spending surges.
SK Hynix shares surged 13% after US tech giants signaled strong AI infrastructure spending — fueling demand for HBM chips powering Nvidia accelerators. The AI buildout shows no signs of slowing.
Tech giants set an AI spending record in 2025 — Microsoft, Google, Meta, Amazon & OpenAI are pouring billions into data centers and model development with no signs of slowing. But when do returns arrive?