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AI spending is surging, but when does it create value? Morgan Stanley’s ROIIC lesson for India

AI spending is pushing technology companies to commit billions of dollars to data centres, chips and other infrastructure, putting pressure on near-term cash flows. Morgan Stanley's ROIIC framework highlights why investors should assess whether these investments generate returns above the cost of capital.

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AI spending is surging, but when does it create value? Morgan Stanley’s ROIIC lesson for India

Why it matters: AI News is expanding the infrastructure surface for builders, which can change where inference runs, what gets deployed locally, and how teams package AI workloads....
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