Despite growing chatter about an artificial intelligence (AI) bubble, recent earnings from Silicon Valley’s biggest names – Google, Apple, Meta, Microsoft, and Amazon – actually paint a different picture altogether. These companies aren’t just talking about AI; they’re investing tens of billions of dollars into chips, infrastructure, and data centres to support it. And unlike speculative manias of the past, this wave is backed by real revenue, enterprise demand, and disciplined execution.Increasing capital expenditures signal a long-term commitment Each of the big tech companies reported significant increases in capital expenditures tied directly to their AI ambitions this week. Here’s a...
Monday 3 November 2025
wn.com - 3 days ago
US big tech earnings confirmed one thing — AI is not a speculative bubble
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