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Bank of America: AI investment focus shifting from cloud service providers to chip companies

MeNews
ME AI message: Bank of America says the AI boom is driving a major shift in industry cash flows—moving from hyperscale cloud providers to chip manufacturers. Semiconductor companies are receiving an increasingly larger share of AI capital expenditure. Bank of America believes that as AI infrastructure continues to expand, chipmakers are poised to become the main beneficiaries of this AI investment cycle. (Source: ODAlLY)
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