With that as the backdrop, the smartest growth stock to buy right now with an extra $1,000 worth of otherwise idle cash is arguably technology powerhouse Broadcom ( AVGO 0.29%). Here's why.
CES 2025 runs from Tuesday, January 7 to Friday, January 10, 2025. Those are the official show dates, although many announcements will take on the preceding two days (Sunday, January 5 and Monday, January 6), which are designated as media days.
Microsoft Corp. plans to spend $3 billion to expand its cloud computing and artificial intelligence capabilities in India, targeting the world’s most populous country to fuel its revenue growth.
LG and Samsung have both announced their 2025 smart TVs at CES this weekend, and some of them will include access to Microsoft’s Copilot AI assistant. Both TV manufacturers are chasing the artificial intelligence hype train with dedicated AI sections on their smart TVs that include a shortcut to a Copilot web app.
At CES 2025, Samsung and LG both announced Microsoft Copilot integration for their respective TV lineups, bringing generative AI to smart TVs for various tasks.
Microsoft is one of the biggest spenders, followed closely by Google and AWS, Bloomberg Intelligence said. Its estimate of Microsoft’s capital spending on AI, at $62.4 billion for calendar 2025, is lower than Smith’s claim that the company will invest $80 billion in the fiscal year to June 30, 2025.
OpenAI ChatGPT enterprise, Anthropic Claude or Enterprise and Gemini for Google Workspace are alternatives to Microsoft Copilot for secure employee AI chatbots
Over half of Microsoft’s $80 billion in spending will take place in the U.S., Microsoft Vice Chair and President Brad Smith wrote in a Friday blog post.
Microsoft Corp. plans to spend $80 billion this fiscal year building out data centers, underscoring the intense capital requirements of artificial intelligence.