UBS Raises AI Spending Forecast to $1.4 Trillion in 2027
UBS raised its aggregate AI capital expenditure forecasts to $1 trillion for 2026 and $1.4 trillion for 2027, and introduced a $1.5 trillion estimate for 2028, citing stronger spending commitments from major hyperscalers.
UBS on Monday raised its aggregate artificial intelligence (AI) capital expenditure forecasts to $1 trillion for 2026 and $1.4 trillion for 2027, while introducing a $1.5 trillion estimate for 2028, citing stronger spending commitments from major hyperscalers.The firm expects AI investment to remai…