Reuters reported on November 12 that Goldman Sachs projected U.S. annualized spending on hardware and intellectual property related to artificial intelligence will rise to $1.4 trillion by the end of 2027—nearly 4% of the country’s economic output. Goldman Sachs stated that AI will remain the primary driver of corporate investment growth through 2027, forecasting that related expenditures will exceed $90 billion by the end of 2026.
Goldman Sachs estimated that, including semiconductors, such investments would directly contribute 5.3 percentage points to capital expenditure growth and 0.6 percentage points to GDP expansion by 2027; excluding semiconductors, the respective contributions would fall to 4.3 and 0.2 percentage points. The firm noted that semiconductor investment is likely understated in the data, as most information-processing equipment is imported and thus netted out in GDP calculations. Current market concerns include rising borrowing costs and tighter investor scrutiny potentially restraining such outlays, with companies increasingly relying on debt financing to sustain expansion.
Goldman Sachs forecasts that U.S. corporate investment will grow by 8% on a quarterly basis by 2027—nearly double the median market expectation of 4.2%.
Original source: toutiao.com/article/1881651758575623/
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