Big Tech Roars on AI Frenzy: ETFs to Play
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 01 2025
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Source: NASDAQ.COM
Microsoft and Meta Earnings Surge: Microsoft and Meta Platforms reported exceptional earnings, with Microsoft achieving $3.65 EPS and $76.4 billion in revenue, while Meta's EPS reached $7.14 with revenues of $47.5 billion, leading to a combined market cap increase of approximately $450 billion.
AI Investment and Future Growth: Both companies are significantly investing in AI, with Microsoft planning $80 billion for AI infrastructure by 2025 and Meta raising its capex forecast to $72 billion, reflecting the anticipated growth of the global AI market from $189 billion in 2023 to $4.8 trillion by 2033.
Analyst Views on VGT
Wall Street analysts forecast VGT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for VGT is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 754.250
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Current: 754.250
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
