Big tech shareholder payouts hit 15-year low as AI spending soars
Five US tech giants generated record cash flow. Their shareholder return ratio was the lowest in at least 15 years. They are spending heavily on AI infrastructure.
Why it matters
Heavy AI spending raises worries about a bubble.
Background
Firms are investing in data centers and chips.
Sources
- Yonhap (Korean) ↗Nov 2, 12:19 AM ET
- BBC Chinese ↗Nov 1, 7:17 PM ET
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