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AI Boom to Lift Demand For Commodities and Add to Price Pressures

AI Boom to Lift Demand For Commodities and Add to Price Pressures

The ongoing AI boom and digitisation are benefiting data centres and other ICT services

The ongoing AI boom is set to increase global demand for electricity. Accelerated digitisation efforts will also drive stronger demand for industrial metals, such as copper. This could add to the higher price pressures in the long term and impact the manufacturing sector, especially if supply of commodities fails to meet faster demand growth.

ICT services to increase global demand for green electricity

The ongoing AI boom and digitisation are benefiting data centres and other ICT services.

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The article is property of Euromonitor International, a data analytics company, and you can find it here.

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EUROMONITOR INTERNATIONAL
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