Serenity analyzes AI strategies of tech giants: optimistic about Amazon's development path, while Microsoft and Meta need to justify the necessity of capital investments

Odaily reported that "White-haired Stock God" Serenity posted on X, stating that the market should not interpret big tech companies’ AI capital expenditure as “funds being drained.” More accurately, these investments are aimed at achieving large-scale revenue growth or margin expansion in the future. Serenity is currently most optimistic about Amazon, believing it to be one of the clearest AI transformation cases among hyperscale cloud providers. In the future, Amazon may use large language models to enable autonomous delivery, warehouse robots, and logistics and transport automation to reduce operating costs. At the same time, Amazon is also driving revenue growth by expanding AWS computing power and may enter the AI chip sales market with its self-developed chip Trainium.

Serenity believes that Google ranks second in the AI deployments among technology giants. Its AI capital expenditure aims to protect the moat of its search business, while Google Cloud leverages the computing power advantage of TPU chips, giving it potential for chip commercialization similar to Nvidia's GPUs. As for Microsoft and Meta, Serenity said both companies still need to prove to the market the necessity of large-scale AI capital expenditure. Microsoft’s recent delays in its self-developed AI chip Maia, as well as the impact of its AI development rhythm due to cooperation with OpenAI, have led to weak market sentiment.