WS #16091
Amazon's allocation of $220 billion for AI infrastructure underscores the massive scale of the ongoing capex cycle, while CoreWeave's upgrade by Goldman Sachs highlights strong contract economics in the neocloud space. However, intensifying demand weakness for the iPhone 18 suggests a potential decoupling between infrastructure spending and consumer hardware cycles, creating a nuanced outlook for the tech sector.
AI Infrastructure Capex Surge
Amazon's allocation of $220 billion for AI infrastructure underscores the massive scale of the ongoing capex cycle, while CoreWeave's upgrade by Goldman Sachs highlights strong contract economics in the neocloud space. However, intensifying demand weakness for the iPhone 18 suggests a potential decoupling between infrastructure spending and consumer hardware cycles, creating a nuanced outlook for the tech sector.