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Barchart
Barchart
Ebube Jones

3M Raised Guidance and Pointed to AI Partnerships After Beating Estimates. What This Means for MMM Stock.

Global spending on AI infrastructure is still rising fast. Goldman Sachs Group (GS) says hyperscaler capital spending is on track to reach roughly $757 billion in 2026, as Amazon (AMZN), Microsoft (MSFT), Alphabet (GOOGL), and Meta Platforms (META) keep building out their AI systems.

That comes on top of a data center deal market that already topped $61 billion through 2025, and some forecasts now put global AI infrastructure spending at as much as $6.7 trillion by 2030, with about $3.1 trillion of that going to AI chips and data centers alone. That kind of demand is what has brought 3M Company @MMM into the AI conversation.

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