HSBC CEO warns not every data center is a good AI bet

HSBC CEO Georges Elhedery told CNBC that data center investments depend on tenant quality and contract pricing, urging selectivity amid the AI boom. McKinsey sees global data center spending reaching $7 trillion by 2030, while JPMorgan expects $4.1 trillion in AI-related debt by decade's end.

• Elhedery: investors must weigh tenancy quality and contract pricing
• McKinsey: data center spending could hit $7 trillion by 2030
• JPMorgan: $4.1 trillion in AI-related debt expected by 2030
• Hyperscalers raised $200 billion in bond financing last year