Dan Ives, global head of tech research and senior equity analyst at Wedbush Securities, discusses the importance of Wednesday’s earnings from Micron Technologies, tech spending on capex and the AI buildout, and how he views public-private partnerships on AI companies. (Source: Bloomberg)

Meta Platforms Inc. and Microsoft Corp. each committed tens of billions of dollars in additional data center leases in their most recent quarters, adding to the massive sums the industry is spending on artificial intelligence.