Big Tech's AI Spending Spooks Investors: Is it a Buying Opportunity?

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CNBC TV18•10-02-2026, 06:22
Big Tech's AI Spending Spooks Investors: Is it a Buying Opportunity?
- •Big Tech's massive AI spending plans, revealed in recent quarterly reports, have unsettled investors.
- •Microsoft, Meta, Amazon, and Alphabet's capital expenditures are projected to reach $588 billion by 2026.
- •Canaccord Genuity suggests historical trends indicate these sell-offs could be buying opportunities.
- •Despite strong growth, stocks like Amazon, Microsoft, Alphabet, and Meta have seen recent declines.
- •Concerns remain about the profitability of AI and the companies' increasing reliance on debt to fund projects.
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