Analysis indicates that AI capital expenditure is differentiating the performance of the "Magnificent Seven," with NVIDIA leading the charge, while AI factory builders such as Google, Microsoft, and Amazon are seeing their stock prices lag behind the S&P 500 index.
Yahoo Finance reported that CNBC commentator Jim Cramer previously believed the "Magnificent Seven" stocks were undervalued. However, Lo Toney, a partner at Plexo Capital, pointed out in a program aired on September 8 that AI capital expenditures are causing divergence in performance within the "Magnificent Seven." NVIDIA, as a chip supplier, has led the "Magnificent Seven" with a 20% year-to-date stock price increase. In contrast, Google (Alphabet), Microsoft, and Amazon, which have invested massive capital in building AI factories, have all seen their stock performance lag behind the S&P 500 index. Meta's free cash flow also dropped from $8.55 billion to $784 million, due to its commitment of hundreds of billions of dollars in AI factory capital expenditures.
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Source:Yahoo财经 · Source Link
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