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Applied AI·July 31, 2026·1 min read

Amazon, Microsoft Results Show AI Spending Spree Remains Solid

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Cloud hyperscalers reaffirming aggressive AI capex means the chip and infra cycle has more runway than last week’s selloff implied—demand for GPUs and related equipment is still being underwritten by long-term platform bets. If you’re a buyer, don’t plan on near-term pricing relief; if you’re a vendor in the AI infra supply chain, this is your window to lock in multi-year volume agreements.