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America’s Biggest Companies Are Ditching Stock Buybacks for a $1 Trillion AI Spending Spree
Published 4 months, 1 week ago
Description
U.S. corporations are slashing record stock buybacks and redirecting that cash into massive capital investments—building data centers, chips, and AI infrastructure at historic levels. The shift marks the largest corporate investment wave since the internet boom, driven entirely by the race to dominate artificial intelligence.
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