Big Tech Capex Spending Is Set to Soar Once Again in 2025: 1 Top Stock to Buy Before That Happens

Major technology companies have ramped up their capital spending significantly since 2023. They have been spending big-time on putting artificial intelligence (AI) infrastructure in place in a bid to make the most of this fast-growing technology.According to Bloomberg Intelligence, Amazon, Microsoft, Alphabet, Meta Platforms, Apple, and Oracle spent a total of $110.2 billion in capital expenditures (capex) last year, up from $104.2 billion in 2022. However, these big tech companies are on track to spend an estimated $165.2 billion in capex this year, which would be a big increase of almost 50% from 2023 levels.What's more, these tech giants are expected to spend almost $200 billion in capex in 2025, thanks to their focus on expanding their data centers to meet the growing demand for AI applications. Bloomberg points out that the majority of this spending will be allocated to graphics processing units (GPUs) and other data center infrastructure.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool