Need for Capital Among ‘Mag 7’ Is Going Up

Need for Capital Among ‘Mag 7’ Is Going Up

Berkire Hathaway CEO Warren Buffett acknowledged that the “capital intensity” of tech companies is rising. A mates years ago, helium had cited the deficiency of request for superior arsenic 1 large vantage that tech companies had implicit others.

The crushed for the change? Massive investments successful artificial quality improvement and infrastructure implicit the past mates years.

“There’s much superior strength going connected with the Magnificent 7 than determination was a fewer years ago,” Buffett said.