genai / news / / Benzinga
Investors are favoring hyperscalers and AI-focused stocks.
Hyperscalers plan to spend nearly $755 billion on capital expenditures in 2024, up 38%.
KEY POINTS
- Investors are shifting from consumer and cyclical stocks back to AI and hyperscaler stocks.
- The accelerated AI investment focus is expanding beyond chips to memory, optics, and data center components.
- Liquid cooling technologies are emerging as the next AI equipment investment opportunity according to Goldman.
COMPANIES
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