Microsoft, Alphabet And Meta's Raised AI Capex Outlook Could Benefit These JPMorgan Stock Picks
Microsoft, Alphabet And Meta's Raised AI Capex Outlook Could Benefit These JPMorgan Stock Picks
Microsoft Corp (NASDAQ:MSFT), Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL), and Meta Platforms Inc (NASDAQ:META) have each made significant strides in cloud capital expenditure (capex) and artificial intelligence (AI) investments.
微软公司（纳斯达克股票代码：MSFT）、Alphabet Inc（纳斯达克股票代码：GOOG）（纳斯达克股票代码：GOOG）和Meta Platforms Inc（纳斯达克股票代码：META）在云资本支出（资本支出）和人工智能（AI）投资方面均取得了长足的进步。
According to a JPMorgan research report, these actions bode well for AI-levered cloud service provider (CSP) companies: Arista Networks Inc (NASDAQ:ANET), Coherent Corp (COHR), Dell Technologies Inc (NYSE:DELL) and Lumentum Holdings Inc (NASDAQ:LI).
根据摩根大通的一份研究报告，这些行动对利用人工智能的云服务提供商（CSP）公司来说是个好兆头：Arista Networks Inc（纳斯达克股票代码：ANET）、Coherent Corp（COHR）、戴尔科技公司（纽约证券交易所代码：DELL）和Lumentum Holdings Inc（纳斯达克股票代码：LI）。
The firm noted that alternative AI beneficiary picks include Flex Ltd. (NASDAQ:FLEX) and Jabil Inc. (NYSE:JBL).
该公司指出，人工智能的替代受益人包括伟创力有限公司（纳斯达克股票代码：FLEX）和捷普公司（纽约证券交易所代码：JBL）。
Also Read: 'Meta Actually Has Major Profit Margins Unlike Tesla': Redditor Reacts To Stock Drop Following Q1 Earnings
另请阅读：“与特斯拉不同，Meta实际上拥有可观的利润率”：Redditor在第一季度财报后对股价下跌做出了反应
Both Microsoft and Alphabet have reported substantial increases in their cloud capex, exceeding market expectations and focusing on expanding AI infrastructure.
微软和Alphabet都报告称，其云资本支出大幅增加，超出了市场预期，并专注于扩大人工智能基础设施。
The aggregate capex for both companies is more than 20% above consensus estimates, indicating a strong commitment to AI investment.
两家公司的总资本支出都比市场普遍预期高出20％以上，这表明了对人工智能投资的坚定承诺。
JPMorgan has reiterated its preference for AI-levered names, including Arista, Coherent, Dell, Lumentum, Flex and Jabil. These companies are expected to benefit from the increased investments in AI infrastructure by the top cloud service providers (CSPs).
摩根大通重申，它更倾向于使用人工智能的公司，包括Arista、Coherent、戴尔、Lumentum、Flex和Jabil。预计这些公司将受益于顶级云服务提供商（CSP）对人工智能基础设施的更多投资。
And Microsoft, Alphabet, and Meta are expected to lead to a strong year for data center capex.
预计微软、Alphabet和Meta将为数据中心资本支出带来强劲的一年。
Industry growth forecasts for data center investments from the top CSPs are now tracking in the mid-teens range for 2024, up from previous expectations of around 10%.
目前，顶级通信服务提供商对数据中心投资的行业增长预测在2024年的十几岁左右，高于之前预期的10％左右。
This growth is expected to outpace the increase seen in 2023, although it will still be below the levels seen in 2022.
尽管仍将低于2022年的水平，但预计这一增长将超过2023年的增长。
Bullish On AI Beneficiaries
看好人工智能受益者
The focus on AI infrastructure by these tech giants is seen as a positive sign for the AI sector as a whole. It should lead to significant gains for AI-levered stocks in the coming year.
这些科技巨头对人工智能基础设施的关注被视为整个人工智能领域的积极信号。这应该会导致人工智能杠杆股票在来年大幅上涨。
Investors in artificial intelligence-focused ETFs such as the Global X Robotics & Artificial Intelligence ETF (NYSE:BOTZ), the Global X Artificial Intelligence & Technology ETF (NYSE:AIQ) and the ROBO Global Robotics & Automation Index ETF (NYSE:ROBO) should also see greener days ahead.
Global X机器人与人工智能ETF（纽约证券交易所代码：BOTZ）、Global X人工智能与科技ETF（纽约证券交易所代码：AIQ）和ROBO全球机器人与自动化指数ETF（纽约证券交易所代码：ROBO）等以人工智能为重点的ETF的投资者也应该会看到更绿色的日子。