Morgan Stanley Projects $1.58 Trillion in AI Spending for 2027

Morgan Stanley projects global hyperscaler and neocloud investment in AI computing will reach $1.583 trillion in 2027, a cycle the bank says would contribute about 24% of S&P 500 revenue growth that year. The estimate combines $1.388 trillion in cash capital spending with $195 billion in lease investment. The bank’s model puts the total at $978 billion in 2026 and $1.812 trillion in 2028, with the pace of growth slowing after 2027. The projected effect on the S&P 500 depends on how the spending flows to suppliers and companies adopting AI.

Source: TokenPost