Analysts expect big technology companies to spend over $1 trillion next year

Analysts expect the AI funding supercycle to be in place, with big technology companies spending more than $1 trillion next year. This week, Nvidia signed a $500 billion AI financing agreement with Wall Street's largest firm, Intel's $20 billion stock sales attracted over $100 billion in demand, CoreWeave doubled its revenues and revealed a $104 billion backlog of orders, Anthropic plans to use $965 billion in an IPO in a few months, and South Korean chip exports surged by 155 per cent in just 10 days。