Morgan Stanley Sees AI Infrastructure Spending Reaching $1.58 Trillion in 2027
Morgan Stanley projects AI infrastructure capex will rise 60% from $980 billion in 2026 to $1.58 trillion in 2027 and $1.81 trillion in 2028. It estimates AI-related companies will drive 78% of S&P 500 earnings growth, while AI spending contributes about 5% of projected 2027 index sales. A separate report estimates hal