AI Funding Pressures Eased as Tech Sector Cash Flow Outpaces Spending, Per JPMorgan
JPMorgan reports that the tech sector's cash flow growth is outpacing capital spending, easing AI funding pressures. The firm forecasts $900 billion in buybacks and dividends for 2026, up from $700 billion in 2025, due to stronger-than-expected earnings. However, long-term projections indicate a narrowing funding surplus, with the surplus expected to disappear by 2030.
Topics: AI investment cash flow JPMorgan analysis share buybacks tech sector