Artificial Intelligence (AI) Infrastructure Spend Could Hit $6.7 Trillion by 2030, According to McKinsey. 4 Data Center Stocks to Load Up on Right Now Like There’s No Tomorrow. | The Motley Fool

Global management consulting firm McKinsey & Company recently published a report detailing compelling trends in research and development (R&D) and capital expenditure (capex) related to artificial intelligence (AI) investments over the next five years.

Per McKinsey’s analysis, spending on AI infrastructure could reach $6.7 trillion by 2030. Among these different infrastructure opportunities, McKinsey estimates that nearly $3.1 trillion will be allocated toward…