Jim Cramer says cloud giants must spend aggressively on AI infrastructure
Updated
Updated · CNBC · May 6
Jim Cramer says cloud giants must spend aggressively on AI infrastructure
9 articles · Updated · CNBC · May 6
He cited Amazon's roughly $200bn capital spending plan this year, with much of it aimed at expanding data-centre capacity through AWS.
Cramer said customers including OpenAI, Anthropic and Meta are already seeking computing power, and warned slower investors could lose business to Alphabet or Microsoft.
Rejecting an "if you build it, they will come" view, he argued the AI boom is driven by existing demand and that sceptics underestimate its scale and urgency.
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