If you look at Mag7 performance for the past 1 year, you would be forgiven for thinking that they belong to sunset industry, this is despite that the AI tech run is still running at full speed. Top among them are Microsoft who lost around 33% from it peak, closely follow is Tesla with 32% dropped. The hardware marker related to AI like Micron and Broadcom has performance that easily outdone any of the Mag7. Core among the reasons lies in whether Microsoft (spend $146 - $190 billion), Amazon (spend $200 billion) and Alphabet (spend $175 - 185 billion) shopping spree in AI infrastructure can generate any tangible return. Their stock current price provide an opportunity for bargain hunter but it comes with risks.$Alphabet(GOOGL.US)$Microsoft(MSFT.US)$Amazon(AMZN.US)