AI Boom Triggers Global Growth Upgrade: Why BofA is Bullish on GDP Forecasts
The rapid acceleration of artificial intelligence infrastructure is transitioning from a tech-sector phenomenon into a powerful driver of global macroeconomic expansion. According to a midyear report by Bank of America (BofA), the massive capital expenditure surrounding AI is projected to push global gross domestic product (GDP) growth beyond initial baseline models. BofA strategists revised their … Read more