Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

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.

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

We haven't written up this one. MarketWatch has the full story — the link below goes straight to it.

Also reported by 1 other outlet

Read the original at marketwatch.com →

More in Finance & Markets

More from Wednesday 12 August →