AI Rally Drives Global Stocks to Record Highs; Tech Giants Invest $3T Through 2028

According to Reuters, an artificial intelligence-driven rally has pushed global stock markets to record highs, with Nvidia shares surging over 1,300% since late 2022. Tech giants including Microsoft, Alphabet, and Amazon are aggressively building AI data centers, with Morgan Stanley projecting they will invest $3 trillion in global data center expansion between 2025 and 2028.

However, the infrastructure boom is creating bottlenecks. According to DC Byte, about 68% of 679 tracked U.S. data center projects have not yet begun construction. Rising power demands are also straining electrical grids, driving concerns about energy supply constraints and potential cost increases for consumers.