Fidelity's Ahmed: Global economy 'would be in recession' without AI hyperscaler capex spending

Fidelity European media summit

Michael Nelson
clock • 4 min read

Weakness in the global economy has been papered over by the massive amount of capital expenditure from AI hyperscalers, without which the world would be in recession, according to Fidelity International’s Salman Ahmed.

To continue reading this article...

Join Investment Week today

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Economics

Trustpilot