Where is AI CapEx Going to Go?

S&P 500 earnings have held up despite rising oil, consumer pressure, and Fed uncertainty. The reason, according to Cameron Dawson of NewEdge Wealth, is one variable: AI CapEx. Hyperscalers entered 2026 projecting 30% spending growth. Forecasts now sit at 60 to 80%. That acceleration has driven demand across semiconductors, hardware, power, and industrials. Track - 1244737 Monetization ID - IJ6TEF86DB9YQAIB