Big tech AI spending set to exceed $1 trillion next year, likely boosting inflation as tech goods prices rise faster than wages for the first time in 65 years

Big tech spending on artificial intelligence is set to soar past $1 trillion next year as companies secure their place in the queue of the world's hottest technology.

In 2026, tech goods prices are rising faster than wages for the first time in 65 years, according to Stifel research analyst Thomas Carroll, who describes this as 'a regime shift underway in technology goods inflation.'

The inflation boost from AI spending is compounded by rising oil and energy prices tied to the U.S. war with Iran and tariffs put in place by President Donald Trump.