GS Sees Something in MSFT, We’re Missing?
@JC888：
Artificial intelligence (AI) evolution has entered a new phase. For the past 2 years, investors rewarded companies supplying the picks and shovels of the AI revolution, from semiconductor makers to networking equipment suppliers. This would include familiar names like - $NVIDIA(NVDA)$, $Taiwan Semiconductor Manufacturing(TSM)$, $Cisco(CSCO)$ etc… While that aspect of spending spree is not ending anytime soon, focus has begun to shift. The Shift. MSFT’s recent fiscal Q4 results, suggest the more important question is evolving and that is “can companies convert AI infrastructure spending into recurring, measurable enterprise revenue”? It’s true that businesses