Morgan Stanley: Global cloud capital expenditure expected to reach $1.61 trillion by 2027

Morgan Stanley research report points out that global cloud computing companies are in a cycle of AI infrastructure investment expansion, and it is expected that cloud capital expenditures will increase by 38% year-on-year in 2027. Morgan Stanley's cloud capital expenditure tracking data shows that the current consensus forecast for cloud capital expenditure in 2027 is $1.39 trillion, with Morgan Stanley predicting it to reach $1.61 trillion.