Mike Zaccardi, CFA, CMT(@MikeZaccardi):GS: The AI investment cycle is on track to reach a larger share of GDP than any previous technological investment cycle… with the largest US hyperscalers (AMZN, META, GOOGL, MSFT, and ORCL) expected to spend ~$800bn in capex this year and a further ~$1.1tn in 2027

Mike Zaccardi, CFA, CMT

@MikeZaccardi

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Mike Zaccardi, CFA, CMT@MikeZaccardi

2026.11.10 23:46

GS: The AI investment cycle is on track to reach a larger share of GDP than any previous technological investment cycle… with the largest US hyperscalers (AMZN, META, GOOGL, MSFT, and ORCL) expected to spend ~$800bn in capex this year and a further ~$1.1tn in 2027