Indian Entrepreneur@indianentrepreneurJefferies believes the AI investment boom may be past its high point, or heading into a mid-cycle correction, as borrowing costs rise.
Microsoft, Amazon, Alphabet and Meta lifted their combined capital spending 108% year on year to $202 billion in Q3 2026. Worries over funding and profits could leave 2027 spending below the $1.04 trillion analysts currently expect. AI investment accounted for 67% of the 2.1% US GDP growth in the four quarters to Q3 2026.
