Tech's hyperscalers face Wall Street for first time since U.S. Iran war sent oil prices soaring

Sebastien Bozon | Afp | The last time tech's hyperscalers addressed Wall Street, three months ago, they announced plans to collectively spend well over half a trillion dollars this year to build out their artificial intelligence infrastructure. That was before the U.S. invaded Iran, causing oil prices to spike, and leading to a dramatic slowdown in production of helium , which is crucial to semiconductor manufacturing. Meanwhile, the global memory crisis has worsened, forcing tech giants to pay up for the capacity needed to satisfy their data center ambitions. But pay for it they will. With Anthropic's Claude models and coding tools growing at historic rates and services like OpenAI's ChatGPT and Google's Gemini continuing to gain popularity at home and in the office, the world's most valuable tech companies have shown no signs of pulling back on the buildouts they say are needed to meet seemingly insatiable demand for compute resources. Now they have to level with investors on what it all means for spending, profitability and cash flow. And they'll be doing so within minutes of each other. Alphabet, Amazon , Meta and Microsoft are all scheduled to report quarterly results after the close of trading on Wednesday, just over two months after the U.S. and Israel launched joint attacks on Iran. …