AI Capital Expenditure Cycle: Market Resistance Ka Khel

Jefferies ki report keh rahi hai ki AI capital expenditure ka cycle ab market ki resistance ki wajah se shift ho raha hai, budget cuts nahi. Investors ab South Korea aur Taiwan ki taraf dekh rahe hain, jahan market valuations 2023 mein triple ho gayi hain. Microsoft aur Amazon ne growth toh dikhayi, par ab unko thoda dip face karna pad raha hai. Yeh sab kuch batata hai ki investors ab returns ko growth se zyada importance de rahe hain.