Wall Street agrees AI-driven capital expenditure is the single most powerful force shaping the economy.

Data centers and advanced compute are key components of this trend.

High voltage infrastructure is part of the AI-driven investment boom.

Cooling systems are another critical component of AI infrastructure.

Copper-intensive electrification investments are becoming the backbone of the global economy, no longer niche. Goldman Sachs forecasts AI investment could reach $1 trillion annually by 2027, comparable to early 2000s internet buildup.

UBS describes this as a capex boom that will reshape supply chains and asset valuations for the rest of the decade. Analysts observe AI is not just a technological theme but an inflationary supercycle driving energy demand, metals consumption, and supply bottlenecks.

This creates a K-shaped economy.