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Home›ETFs & Funds›Fund Industry›AI capex may reach $1.6 trillion next year, T. Rowe Pr…

AI capex may reach $1.6 trillion next year, T. Rowe Price says

The T. Rowe Price fund manager argues hyperscalers can both fund heavy investment and generate high returns with a short payback window.

Reported · Written up by our desk · Fund Industry

MarketWatch reports that a T. Rowe Price fund manager expects AI-related capital expenditures could rise to $1.6 trillion next year.

The manager said hyperscalers should be able to comfortably finance their planned investment spending.

According to MarketWatch, the fund manager also expects those investments to deliver high returns on invested capital and a short payback schedule.

In making the comparison, MarketWatch said the manager sees more echoes of 1998 than the dot-com bust.

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Sources

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

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