Wall Street Dismisses Anthropic AI Slowdown Warning as Hyperscaler Spending Nears $600 Billion

IndustryMacro Impact 4
โดย Yahoo Finance·USCN·Read original
Summary · why it matters

Wall Street analysts are pushing back on Anthropic CEO Dario Amodei's public plea to "slow down the AI industry," a call echoed by OpenAI CEO Sam Altman and Tesla and SpaceX CEO Elon Musk, arguing that AI development and spending will continue unabated. D.A. Davidson tech analyst Gil Luria told Yahoo Finance that "nobody's actually slowing anything down," adding that he doubts the motivations of the Anthropic and OpenAI leaders and that even an overbuild would leave hyperscalers "fine" because they can absorb extra capacity while cash flow skyrockets. AI infrastructure spending from hyperscaler heavyweights Alphabet, Amazon, Meta, and Microsoft has ballooned over the past five years, with the four companies' capital expenditures totaling $293 billion across just the first two quarters of 2026, led by Meta's 58% quarter-over-quarter ramp. According to AlphaSpace data, the four companies are on pace to spend nearly $600 billion on AI infrastructure this year alone. Laffer Tengler Investments CEO and chief investment officer Nancy Tengler said "the AI genie is out of the bottle" and the technology has already spread across sectors, while Reflexivity co-founder and president Giuseppe Sette said that with China in the race no major slowdown is expected and any retracement in AI stocks is "simply a buying opportunity."

Impact on stocks 6

Artificial Intelligence▲ · 6 stocks
Amazon.com Inc
AMZN
▲ PositiveCapitalrelevance

Amazon is one of the four hyperscalers whose AI infrastructure capex is ballooning toward nearly $600B this year, with analysts saying spending will continue unabated.

Alphabet Inc Class C
GOOG
▲ PositiveCapitalrelevance

Alphabet is named among the hyperscaler heavyweights whose AI infrastructure capex is on pace to reach nearly $600B this year, with no slowdown expected.

Meta Platforms Inc.
META
▲ PositiveCapitalrelevance

Meta leads the hyperscaler capex ramp with a 58% quarter-over-quarter increase, part of the four-company AI infrastructure spend nearing $600B this year.

Microsoft Corporation
MSFT
▲ PositiveCapitalrelevance

Microsoft is one of the four hyperscalers whose AI infrastructure capex is ballooning toward nearly $600B this year, with analysts dismissing slowdown calls.

Theme Impact 6

Off-coverage companies 5

AnthropicPrivate± Mixed
relevance

D.A. Davidson & Co.Private± Mixed
relevance

Laffer Tengler InvestmentsPrivate± Mixed
relevance

OpenAIPrivate± Mixed
relevance

ReflexivityPrivate± Mixed
relevance

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