๐จ๐จ JUST IN: Tech giants Microsoft ($MSFT), Google ($GOOGL), and Meta ($META) went on a record-breaking spending spree in Q3 โ shelling out a combined $78 billion in capital expenditures, marking an 89% year-over-year surge, according to Yahoo Finance.
Thatโs not just pocket change โ itโs a full-blown arms race for AI dominance. The massive uptick in CAPEX highlights how aggressively these firms are investing in data centers, AI infrastructure, and next-gen computing power.
In short? Big Tech isnโt slowing down โ itโs doubling down.
