New Delhi, Aug. 14 -- AI-related companies are expected to lead US corporate earnings growth through 2027, with earnings of the S&P 500's AI basket projected to grow at an annualised 48 per cent during 2026-27, according to a Jefferies report.

Jefferies said the estimate is more than double the projected 23 per cent annualised earnings growth for the broader S&P 500 and 12 per cent for the index excluding AI-related companies. "Overall AI EPS growth for the S&P500 AI basket" is estimated at 48 per cent annualised for 2026-27, the report said.

The report said the strong growth would be driven mainly by memory and packaging, computing and AI servers, as companies continue to increase spending on artificial intelligence infrastructure.

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