Bank of America: Global hyperscale cloud computing enterprises may reach AI capital expenditure of $1 trillion by 2027
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Golden Finance May 1 | Bank of America Securities released a research report on the semiconductor industry. Analyst Vivek Arya's team, after Google, Microsoft, Amazon, and Meta successively announced their Q1 2026 financial results and updated their capital expenditure outlooks, raised the forecast for global hyperscale cloud computing companies' capital expenditures in 2026 to over $800 billion, a year-on-year increase of 67%. They expect that in 2027, capital expenditures will further surpass $1 trillion, representing a year-on-year increase of about 25%.
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