AnalysisBusinessSeptember 15, 2026

AI hyperscalers face $1.1T data center spend by 2027

Wharton's Jessica Wachter estimates hyperscaler AI data center expenditures will reach nearly $1.1 trillion by 2027, requiring 2.7x productivity gains to break even by 2030 at a 15% return. If the boom fails, she warns the buildout would be "the largest misallocation of capital in history."

People · Jessica Wachter

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