Sanmeet Deo

I can't imagine it's going to involve further investment in their part to ramp up their AI.

And Meta just continues to astound us with the numbers they report every quarter when it comes to their CapEx spending.

And

Zuckerberg is not holding back.

He is not afraid to spend.

And so at least with those two, I think there'll be quite a bit of spending.

Alphabet, they're in the lead.

They'll continue to spend, I think.

So I think that we're going to see accelerated spending in CapEx related to AI as we roll out earnings here.

Yeah, and I agree.

I mean, I think this is going to be across the board with not just big tech companies.

I think we're going to see a lot of companies continue to spend more in AI.

AI, you have to think of it as a backbone for your company and your technology that runs your company.

If you don't spend it, utilize it, your company might fall behind in their industry and with competitors.

You know, something like a Duolingo I could imagine is gonna spend more money on AI.

Something, you know, like a Toast would probably spend more on AI.

So lots of other non-big tech companies are using AI in all aspects of their business, not just their core businesses.

So I definitely see this increasing across the board.

Yeah, you know, people tend to forget about Apple because, oh, they're kind of behind in the AI race, but they're still a dominant tech company.

You know, a lot of analysts across the street are expecting a major super cycle, if you may, or a major upgrade cycle with the iPhone 17 coming out, fueled by pent-up demand and kind of new AI features that are still trickling in and getting better.