Anatomy of a Capex Melt-Up:

Hyper 5 spent $1.1 trillion on capex in the past five years, with $5.3 trillion more expected by 2030

S&P 500 companies are entering a reinvestment regime that is both unusually intense and concentrated. As capital spending reaches historic levels, increasingly driven by data centers and AI infrastructure, understanding how this investment translates into capacity growth has become critical.

Join S&P Global Market Intelligence for a briefing on how to interpret corporate investment signals and why the underlying data matters. We’ll share a practical framework for assessing where reinvestment is expanding capacity and where it may signal a capital-cycle overhang. We’ll also discuss the regulatory and operational constraints that determine where new capacity can be built, how quickly it can come online, and what this means for resilience, competition, and risk monitoring.

What you will gain:

• Deeper investment insights: determine whether capital spending represents expansion, maintenance, modernization or potential overcapacity
• Improved capacity forecasting: assess how announced investment may translate into operational capacity over time
• A stronger view of constraints: account for regulation, permitting, energy availability, supply chains and execution timelines
• Competitive context: understand why certain companies and locations may be better positioned to add capacity than others
• Enhanced risk monitoring: identify signs of delay, concentration, infrastructure pressure and capital-cycle overhang

Speakers

Daniel Sandberg

Global Head of Quantitative Research & Solutions
S&P Global Market Intelligence

---

Liam Hynes

Head of New Product Development – Public Markets
S&P Global Market Intelligence

---