Comments Off on Big Tech AI spending plans should allow Nvidia longs to rest easier
Morgan Stanley updated its capex forecast for the four hyperscalers, expecting the spending to grow to $367 billion in 2026 from $315 billion in 2025.
Big Tech’s decision to go full steam ahead on its capital spending plans is reviving up sentiment among Wall Street analysts, who are now raising their estimates on key artificial intelligence players despite the emergence of China’s rival DeepSeek lab that temporarily shook the trade. Monetization , the eventual conversion of all those billions in investment into revenue-generating assets, will be a key focus for hyperscalers moving forward, Melius noted.
