Jim Cramer says Big Tech cannot afford to be cheap on AI spending

CNBC Top News ·

Jim Cramer says Big Tech cannot afford to be cheap on AI spending

Cloud computing giants cannot afford to pinch pennies on the artificial intelligence buildout, CNBC's Jim Cramer argued Wednesday. …

Cloud computing giants cannot afford to pinch pennies on the artificial intelligence buildout, CNBC's Jim Cramer argued Wednesday. Cramer's comments came after he heard someone describe the rally in data center and AI-related stocks as an "if you build it, they will come" dynamic — the idea that companies are spending aggressively on infrastructure in hopes customers eventually materialize. …

Original source: CNBC Top News