Microsoft can sustain $200 billion annual capex spending without materially impacting its viability, meaning credit risk is primarily about the business cycle, not capex affordability for mega-caps.

factualpending

Speaker

Jeffrey Sherman

Evidence Quote

Microsoft can blow 200 billion dollars a year and it doesn't matter, right? They're going to have revenues.

Source

Jeffrey Sherman and Jason Draho: How Should I Be Positioned? | UBS On-AirDoubleLine Capital
Created: 8/12/2026, 10:36:49 PM

My Notes

Loading notes...