Friday, 17 July, 2026
Slowing the Spend: Investors Pivot as Tech Giants Prep to Cool AI Capital Outlays
By TechShots Studio
As projections show hyperscaler AI spending growth cooling from 76% this year to 25% next year, investors are shaking up their portfolios. Fearing overvalued chipmakers, active managers are cutting exposure to semiconductor stocks. Instead, they are pivoting to the hyperscalers (like Amazon and Microsoft) and software firms, which stand to benefit financially when their massive infrastructure bills finally level off.
Read full story at REUTERS