BofA Survey Shows Most Investors Don't Believe AI Spending Has Peaked; Capex to Continue Through 2H26

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According to BofA's latest investor survey released on July 16, most investors do not believe the AI spending boom has peaked and expect capital expenditure to continue through the second half of 2026. However, concerns are mounting over hyperscaler spending pace, rising debt pressure, and credit risks among major platform companies including Microsoft, Amazon, Alphabet, and Meta.
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