BlackRock Warns AI Capex Is Shifting from Microeconomic to Macroeconomic Impact
BlackRock's Investment Institute warns that capital expenditures (capex) on artificial intelligence are becoming major macroeconomic drivers, rivaling traditional forces like central bank policy. The firm estimates Big Tech capex could reach $5 trillion–$8 trillion this decade and notes AI is now a dominant force behind US equity gains.
Tickers: $AAPL $BLK $GOOGL $MSFT
Topics: AI BlackRock capital expenditure (capex) Macro trends Market dynamics