Will All Hyperscalers Win from AI? Insights from Fund Manager Mikhail Zverev

Bullish Gator

Zverev says Microsoft and Meta earnings vary, but hyperscalers remain low-risk AI beneficiaries despite cloud investment strains.

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What stands out

In a Reuters Market Talk clip, fund manager Mikhail Zverev observed that investors reacted differently to Microsoft and Meta earnings, yet argued all hyperscalers are low-risk beneficiaries of artificial intelligence (AI) growth even as cloud spending pressures margins. That framing matters because it separates short-term market moves from a long-term structural shift: hyperscalers are buying the compute and tools AI requires, and Microsoft’s combination of software, cloud infrastructure, and enterprise reach makes it a prime conduit for that demand. The key is how quickly margins rise to meet the revenue tailwind.