Bank Of America $BAC Deploys $250B for Critical AI And Energy Infrastructure

Bank of America $BAC plans to deploy $250B through mid-2027 across AI data centers, semiconductors, hardware, power generation, energy storage and critical minerals. The initiative will span lending, investing, capital markets, banking and advisory work. BofA says equity investments are not the focus, but it has not ruled them out for the right projects. The push also covers transportation, natural gas and water infrastructure, per WSJ.