Amazon, Microsoft Bet $400B on AI Data Centers — Investor Patience Put to the Test

1. 1Amazon and Microsoft are each pouring roughly $200 billion into data-center buildouts this year, intensifying the cloud and AI race.
2. 2Microsoft (MSFT) reports earnings on Wednesday and Amazon (AMZN) on Thursday, with the focus on revenue growth, margins, and backlog for AWS and Azure.
3. 3Last week, Alphabet (GOOG) raised its capex outlook and disclosed a free-cash-flow deficit, sending its shares down 7% — putting investors' patience with massive spending to the test.

Source Fortune · View original ↗

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