--- title: "Wedbush: Microsoft and other three major cloud giants have strong AI demand, and the third-quarter tech earnings reports will exceed expectations" type: "News" locale: "en" url: "https://longbridge.com/en/news/260366250.md" description: "Investment bank Wedbush Securities pointed out that the demand for artificial intelligence and cloud computing services from Microsoft, Alphabet, and Amazon is strong, and the technology earnings reports for the third quarter are expected to exceed expectations. Analysts believe that Wall Street has underestimated the scale of AI spending, which is expected to reach approximately $3 trillion over the next three years, and technology stocks may rise by more than 7% before the end of the year. The collaboration between OpenAI and NVIDIA and AMD further demonstrates the growth in enterprise demand" datetime: "2025-10-09T04:04:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/260366250.md) - [en](https://longbridge.com/en/news/260366250.md) - [zh-HK](https://longbridge.com/zh-HK/news/260366250.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/260366250.md) | [繁體中文](https://longbridge.com/zh-HK/news/260366250.md) # Wedbush: Microsoft and other three major cloud giants have strong AI demand, and the third-quarter tech earnings reports will exceed expectations According to the Zhitong Finance APP, investment bank Wedbush Securities stated that Microsoft (MSFT.US), Alphabet (GOOGL.US), and Amazon (AMZN.US) are experiencing "very strong" enterprise demand for their artificial intelligence and cloud computing services. The analysts led by Dan Ives noted in a report to clients: "Based on field research, the AI enterprise demand for cloud computing giants Microsoft, Alphabet, and Amazon is very robust this quarter. We believe that tech stocks will see a strong third-quarter earnings season led by large tech companies. Although some investors remain skeptical about valuations and the growth rate of tech spending, we believe Wall Street has underestimated the scale of AI spending trajectories. We expect third-quarter tech earnings to once again validate this trend, with initial capital expenditure forecast data before 2026 likely to double." Accordingly, the firm predicts that AI technology and related application spending by enterprises and government departments will reach approximately $3 trillion over the next three years. The report also anticipates that tech stocks could rise by more than 7% by the end of the year, with quarterly performance indicating to investors that the AI spending wave is still in its early stages. OpenAI's recent collaborations with NVIDIA and AMD are the best examples of this. The analysts added: "We believe that OpenAI's latest investments in NVIDIA and AMD confirm the capacity expansion and demand-driven changes occurring on the enterprise side, which will bring about the second, third, and even fourth waves of derivative opportunities for the AI revolution. The tech winners on our IVES AI 30 list are validating this trend." Microsoft, Amazon, and Alphabet are all set to release their quarterly earnings reports in the coming weeks ### Related Stocks - [Alphabet Inc. (GOOGL.US)](https://longbridge.com/en/quote/GOOGL.US.md) - [Amazon.com, Inc. (AMZN.US)](https://longbridge.com/en/quote/AMZN.US.md) - [Microsoft Corporation (MSFT.US)](https://longbridge.com/en/quote/MSFT.US.md) - [Direxion Daily GOOGL Bear 1X ETF (GGLS.US)](https://longbridge.com/en/quote/GGLS.US.md) - [Direxion Daily GOOGL Bull 2X Shares (GGLL.US)](https://longbridge.com/en/quote/GGLL.US.md) - [GraniteShares 2x Long MSFT Daily ETF (MSFL.US)](https://longbridge.com/en/quote/MSFL.US.md) - [YieldMax MSFT Option Income Strategy ETF (MSFO.US)](https://longbridge.com/en/quote/MSFO.US.md) - [Direxion Daily MSFT Bear 1X ETF (MSFD.US)](https://longbridge.com/en/quote/MSFD.US.md) - [Direxion Daily MSFT Bull 2X Shares (MSFU.US)](https://longbridge.com/en/quote/MSFU.US.md) - [T-Rex 2X Long Microsoft Daily Target ETF (MSFX.US)](https://longbridge.com/en/quote/MSFX.US.md) - [Kurv Yield Premium Str Microsoft ETF (MSFY.US)](https://longbridge.com/en/quote/MSFY.US.md) - [Direxion Daily AMZN Bull 2X Shares (AMZU.US)](https://longbridge.com/en/quote/AMZU.US.md) ## Related News & Research - [Spinnaker Investment Group LLC Sells 9,263 Shares of Microsoft Corporation $MSFT](https://longbridge.com/en/news/281334447.md) - [K-Buddhism: "AI Sage", Can an AI awaken to its Original Nature? | AMZN Stock News](https://longbridge.com/en/news/281059138.md) - [GRAPHIC-Apple's 50-year journey from garage to tech titan](https://longbridge.com/en/news/281342951.md) - [Google's Nobel Prize-Winning AI Chief: 'We Don't Feel Any Pressure' While OpenAI Burns $14 Billion](https://longbridge.com/en/news/281220147.md) - [LIVE MARKETS-AI fears put Microsoft on track for worst quarter since 2008](https://longbridge.com/en/news/281048123.md)