Macquarie reckons spending on artificial intelligence will continue to boom, with capital expenditure expectations rising and market sentiment positive--but not over the top. "We also think the AI boom may not be over until either OpenAI or xAI are listed (perhaps both)," or there is a mega-merger of two leading tech companies, analysts at the bank say in a note. Macquarie remains overweight AI-related exposures on the ASX, including Nextdc, Megaport and Goodman Group. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)

(END) Dow Jones Newswires

September 28, 2025 19:13 ET (23:13 GMT)

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