February 12, 2026
Artificial Intelligence is increasingly shifting from market hype to measurable economic impact.
Recent insights shared by Drummond Capital highlight why the AI theme continues to gain momentum. As AI models improve, applying greater computing power enhances their accuracy — accelerating adoption across industries and extending the potential growth runway.
This rising demand is flowing through to the infrastructure supporting AI. Capital expenditure by leading global hyperscalers has doubled to approximately USD $368 billion over the past two years. Importantly, the build-out extends beyond software and semiconductors to include data centres and power capacity, contributing to broader economic activity. Some estimates suggest this investment is adding around 1% to US GDP.
While the structural opportunity is significant, positioning in US technology and AI-related assets has become more crowded, which may increase short-term volatility. Maintaining diversification across sectors and regions remains key.
If you would like to review how your superannuation or investment portfolio is positioned, our Financial Planning team would be pleased to assist. Contact Carwardines to arrange a personalised review.
Disclaimer: This information is general in nature and for informational purposes only and is not intended to be personal financial advice. It doesn’t account for your specific needs. Please consider your financial position objectives and requirements before making financial decisions or seek professional advice.
