Experts are bullish against the trend! This is a great opportunity for long-term layout of American technology giants, and the decrease in AI spending is a key signal.

Brave Eagle Wealth's Chief Investment Officer, Robert Ruggirello, stated that there are long-term opportunities in large-cap tech stocks, especially as capital expenditures in artificial intelligence (AI) begin to decline. Ruggirello said, "If we see large tech companies reducing their capital expenditures, this could actually be seen as a positive signal, as just a few months ago, investors were questioning the massive spending by large tech companies in AI." However, Alphabet (GOOGL.US) CEO recently committed to investing around $75 billion in building data center infrastructure. In the fourth quarter of 2024, the company will spend $14 billion to drive growth in Alphabet Inc. Class C services, Alphabet Inc. Class C cloud, and Alphabet Inc. Class C DeepMind businesses. Alphabet, Amazon.com, Inc. (AMZN.US), Meta (META.US), and Microsoft Corporation (MSFT.US) are expected to increase capital expenditures to $322 billion, about 40% higher than this year's expectations. Below are the Seeking Alpha quantitative ratings and capital expenditure annual growth rates for large tech companies. Among the top ten ranked stocks, only Adobe (ADBE.US) has a "buy" quantitative rating. Additionally, most tech companies' stocks have seen declines this year, with the tech-heavy Nasdaq falling 15%.