Credit Risks of The Current AI Data Center Infrastructure Investment Boom
The exponential expansion of global AI investment looks set to continue at scale in 2026, with hyperscalers on track to spend $625 billion in aggregate data center capex by year-end. The boom is also lifting players that supply the ecosystem, with near-term demandoutstripping the supply of new data center capacity and corresponding investments materially boosting growth in the broader U.S. economy. Whether AI adoption and monetization will accelerate enough to turn this early investment‑led economic boost into lasting productivity and financial returns is yet to be seen.
But as funding for…
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