Goldman Sachs Projects $7.6 Trillion in AI Capex from 2026 to 2031

Beth_Kindig · x · 2026-08-10

Goldman Sachs' latest baseline estimate projects exponential growth in global AI capital expenditure over the next several years. Annual spending is expected to surge from $765 billion in 2026 to $1.64 trillion by 2031.

Cumulative investment across compute hardware, data centers, and power infrastructure is projected to reach a massive $7.6 trillion. This trend directly benefits core semiconductor and compute players like $NVDA, $AVGO, and $AMD.

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