🇹🇠Thai, 31 October 2026, cloud spending
US Tech Giants Rush to Invest in AI, But Market Begins to Question Value
Cloud computing growth is overshadowed by rising costs of AI infrastructure investments, straining cash flow.
The market is facing a new round of pressure after major US tech companies began releasing their quarterly earnings over the past two weeks.
While the results of companies that have heavily invested in AI reflect the growth of cloud computing, investors are more concerned about the rising costs of building AI infrastructure and data centers.
This concern has led to a sharp decline in tech stocks, with the NASDAQ 100 index falling 6.7% on October 30, its worst monthly performance since the US tax measure in March 2019.