By Daniel Foelber, The Motley Fool
Publication Date: 2026-05-03 11:20:00
Amazon (NASDAQ: AMZN) Web Services, Microsoft (NASDAQ: MSFT) Azure, and Alphabet‘s (NASDAQ: GOOG) (NASDAQ: GOOGL) Google Cloud dominate the cloud computing infrastructure market. But artificial intelligence (AI) marks a paradigm shift in the industry. Established players and newcomers alike needed to redesign and build new data centers with high-powered processors and networking hardware, while also navigating AI energy bottlenecks.
The opportunity is coming at a steep price, with Amazon, Alphabet, and Microsoft spending record capital expenditures (capex) on AI data centers. But the prospect of accelerated growth has investors generally optimistic.
Will AI create the world’s first trillionaire? Our team just released a report on the one little-known company, called an “Indispensable Monopoly” providing the critical technology Nvidia and Intel both need. Continue »
Alphabet and Amazon stocks are up 23.1% and 16.4%, respectively, year to date as of market close on May…
