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What bubble? JPMorgan says the $5.5 trillion AI capex explosion is profitable–for now

  • Posted on June 25, 2026
  • By Fortune
  • 0 Views
  • 1 min read
What bubble? JPMorgan says the $5.5 trillion AI capex explosion is profitable–for now
What bubble? JPMorgan says the $5.5 trillion AI capex explosion is profitable–for now

JPMorgan's midyear outlook argues the hyperscalers are profitable, the debt markets are holding, and the cycle has room to run.
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Author
Fortune

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