The "Magnificent Seven" Plan to Spend $680 Billion Largely on Artificial Intelligence Capex: Is Now the Time to Pile Into the Group?
The Motley Fool
The Magnificent Seven tech companies plan to spend over $680 billion on AI-related capital expenditures in 2026, nearly doubling 2025 spending. However, investors are demanding tangible returns before rewarding these massive investments. While Meta shows clear revenue growth from AI capex, Microsoft's modest Copilot adoption and Tesla's unproven robotaxi business raise questions about whether valuations are justified.
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