Is This a Good Time to Invest in Copper ETFs to Ride the AI Boom?
AI hyperscale data centers are driving unprecedented demand for copper, with facilities requiring up to 50,000 tons compared to 5,000-15,000 tons for conventional centers. Copper demand is projected to rise 50% by 2040, while supply constraints are expected to create a 442,000-ton deficit in 2026 widening to 782,000 tons by 2030. Recent price pullbacks present buying opportunities for copper-focused ETFs.