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AI Investment Spending Forecast

Updated 2026-08-12 09:55 UTC 1 source Neutral

A T. Rowe Price fund manager predicts AI capital expenditure could reach $1.6 trillion next year, comparing it to the 1998 tech boom rather than the dot-com bust.

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AI capex could hit $1.6 trillion next year, says fund manager who sees more echoes of 1998 than the dot-com bust

A T. Rowe Price fund manager thinks the hyperscalers can comfortably fund their investment spending, and moreover, derive high returns on that invested capital with a short payback schedule.

2026-08-12 09:35 UTC