Reuters: AI May Not Boost Copper Demand as Much as Bulls Expect

Published: Jun 4, 2026 09:41

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A Reuters analysis suggests that expectations for AI-driven copper demand may be overstated. Although AI data centers consume more copper than conventional facilities, project deployment faces bottlenecks including power availability, grid connections, logistics and labor constraints. Advances in fiber-optic and high-voltage technologies may also reduce copper intensity. AI remains supportive for copper demand, but perhaps not to the extent many bulls anticipate.

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