Svmuu News: Serenity, known as the “White-Haired Stock Guru,” posted on X that the market should not interpret the AI capital expenditures of big tech companies as “capital being drained,”but rather that these investments are more accurately aimed at achieving large-scale revenue growth or margin improvements in the future. Her top pick at the moment is Amazon, which she believes is one of the clearest examples of AI transformation among hyperscale cloud service providers,In the future, the company may use large language models to enable autonomous delivery, warehouse robotics, and automation in logistics and transportation to reduce operating costs. Meanwhile, Amazon is driving revenue growth by expanding AWS’s computing power infrastructure and may enter the AI chip sales market with its in-house Trainium chip.
Serenity believes that Google ranks second among tech giants in terms of AI strategy; its AI capital investment is aimed at protecting the moat around its search business, while Google Cloud, leveraging the computational power of TPUs, also possesses chip commercialization potential similar to that of NVIDIA GPUs.Regarding Microsoft and Meta, Serenity notes that both companies still need to prove to the market the necessity of large-scale AI capital investments. Market sentiment toward Microsoft has been weak recently due to delays in the development of its in-house AI chip, Maia, as well as the impact on its AI development pace resulting from its partnership with OpenAI.