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