Goldman Sachs expects Big Tech to spend $1.2 trillion on AI infrastructure by 2027, dwarfing Wall Street estimates
- Big Tech: 19 events in the last 90 days
- Previous: 3 days earlier · The future of AI growth rests on Big Tech's cash flow tripling to $2 trillion: Chart of the Day
What happened
Goldman Sachs projects that Amazon, Alphabet, Microsoft, Oracle, and Meta will pour a combined $1.2 trillion into AI infrastructure in 2027, more than 50 percent above this year's levels. Measured against GDP, it would be the biggest investment cycle since railroad construction in the 19th century. Bottlenecks in power, labor, and memory chips could slow the pace, though.
Summary assembled by rule from the sources below