2026 AI Capex ROI Discipline: Navigating the Shift from Infrastructure Hype to Earnings Reality
2026 AI Capex ROI discipline represents the definitive strategic shift from speculative AI infrastructure accumulation to a rigorous, outcome-based capital allocation framework. In 2026, the focus has moved from acquiring raw compute power to demonstrating measurable P&L impact. As aggregate hyperscaler capital expenditures (Capex) are projected to exceed $740 billion, this discipline dictates that every…