Goldman Sachs expects Big Tech to spend $1.2 trillion on AI infrastructure by 2027, dwarfing Wall Street estimates
Goldman Sachs forecasts that major tech companies will spend $1.2 trillion on AI infrastructure in 2027, representing over 50% growth from current levels. The projected investment dwarfs previous Wall Street estimates and would constitute the largest capital cycle relative to GDP since 19th-century railroad construction, though power, labor, and chip constraints may create bottlenecks.
Why it matters
This massive spending signals how central AI has become to tech strategy and could reshape markets for energy, real estate, and semiconductors for years to come.
