摩根士丹利：大厂开支有多夸张？

塔子哥的随笔02-12

在云大厂纷纷公布了大超预期的资本开支计划后，股价遭到了惨烈抛售。据测算，四大厂，外加特斯拉、苹果、甲骨文等今年的资本开支或超过7000亿美元，增速达到了惊人的60%。这个数字有多夸张呢？摩根士丹利近日报告指出，亚马逊、谷歌、微软和meta等大厂资本开支预期相当夸张，且还在不断上调。不过考虑到需求旺盛，所以开支还情有可原。2026 年云资本支出现正追踪至约 7350 亿美元，或约 60% 同比增长，...

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href=http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2026021222500197a5fa80&s=b><strong>塔子哥的随笔</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>在云大厂纷纷公布了大超预期的资本开支计划后，股价遭到了惨烈抛售。据测算，四大厂，外加特斯拉、苹果、甲骨文等今年的资本开支或超过7000亿美元，增速达到了惊人的60%。这个数字有多夸张呢？摩根士丹利近日报告指出，亚马逊、谷歌、微软和meta等大厂资本开支预期相当夸张，且还在不断上调。不过考虑到需求旺盛，所以开支还情有可原。2026 年云资本支出现正追踪至约 7350 亿美元，或约 60% 同比增长，...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2026021222500197a5fa80&s=b\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2433249047.HKD","symbol_name":"THEMATICS META \"R/A\" (HKD) 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