The AI boom is expanding across all industries, but markets are increasingly concerned about whether the substantial investments tech companies are making...
will yield returns on investment in the near future. Synovus Trusts VP and senior portfolio manager Daniel Morgan joins Catalysts to discuss this trend.
You've got that stock up nearly 10% so far today, solid a revenue growth, quieting some fears about increased Capex spending on A I.At this point, I'd rather risk building capacity before it is needed rather than too late, given the long lead times for spinning up new infra projects for more on that, we want to bring in Dan Morgan.
So it seems like if companies are able to spend a lot of money on A I and their core businesses are doing very well.But if they're spending a lot of on A I like alphabet and they come up a little bit short on their core ad business, then all of a sudden the stock sells off, so it's kind of interesting.
And I think that's really helped them compared to other companies that are just kind of, you know, in the last year and a half, two years, Uh, since Microsoft, you know, got involved with, uh, chat G BT, they've all dedicated their funds towards or Capex towards a I.
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