# AI capex to Pass $1 trillion by 2027: Strategist

> Source: <https://ca.finance.yahoo.com/video/ai-capex-to-pass-1-trillion-by-2027-strategist-203233858.html>
> Published: 2026-07-20 20:32:33+00:00

Raymond James Investment Management chief market strategist Matt Orton predicts 2027 AI capex will top $1 trillion driven by strong cloud monetization and capacity constraints, warning that chip stocks could face a 15% to 20% sell-off if Big Tech fails to raise spending guidance.