AWS growing around 39% suggests the underlying AI/cloud demand story remains strong. My concern is the other side of the equation: enormous infrastructure spending and deteriorating free cash flow. I would want evidence that AWS growth can eventually outrun the capex required to support it.
I am less tempted by INTC because its weak forward guidance points to an operating problem rather than simply market disappointment. SNDK has excellent AI-storage momentum, but after such a huge run this year, strong results may already be heavily priced in.
I do not think the AI rally is necessarily running out of steam. The market is becoming more selective. Earlier, AI revenue growth itself was enough. Now investors increasingly want AI growth + margins + cash conversion.
That is probably healthy. The next phase should separate companies actually monetising AI investment from those merely spending heavily on it.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Lolololol okokokokokko
Lolololol okokokokokko