烧钱至6500亿仍遭冷遇：华尔街为何不买硅谷巨头的AI基建账？

52RD02-13

近期财报季显示，硅谷巨头盈利强劲但“烧钱”未减，亚马逊、谷歌、微软、Meta四大云巨头2026年资本支出有望突破6500亿美元新高。按1GW算力对应500亿美元换算，这一支出约支撑13GW算力。同为“Mag7”的苹果、特斯拉暂未大规模押注AI基建：特斯拉晶圆厂构想或落地xAI；苹果自研AI芯片2028年量产，基建投入延后。英伟达本季度财报未发，资本支出仅为四大云巨头零头，难以拉动整体数据，6600...

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