u/VitaliiNoskov · 13d agono track record yet
Is Microsoft’s AI CapEx creating a telecom-style capital-intensity risk?
Microsoft's escalating AI infrastructure capex mirrors telecom's capital-intensity trap: massive ongoing investments may not generate sufficient pricing power or ROIC, forcing either reduced shareholder returns (dividends/buybacks) or higher debt levels that will widen the gap between operating and net margins, ultimately pressuring shareholder value.
At post $496.37Now $493.95-0.5% since postedas of Sep 8, 4:30 PM ET
1d+1.8%
3d+3.5%
1w+0.1%
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