Analysts from JPMorgan Chase pointed out that bond issuances for financing AI and data center projects are likely to remain active, with loans accounting for an average of 85% of the total project costs. Based on this, it is projected that global AI spending could reach $5.5 trillion by the end of 2030, with $4.1 trillion of that being financed through debt. Bond issuers will leverage capital markets across various countries to meet their growth needs. Top-tier enterprises or hyperscale cloud service providers, which have strong profitability, are expected to keep investors calm even as issuance volumes increase. Analysts believe that these companies are borrowing heavily now to stockpile cash in preparation for potential economic deterioration and rising borrowing costs.
