🇺🇸NEW: Morgan Stanley says BUY THE DIP in AI stocks as it sees hyperscaler spending hit $3.4 TRILLION over the next two years. The bank's latest report says investors overreacted to potential data center delays in Texas and Ohio after the U.S. midterms. Morgan Stanley's 2027 construction outlook remains unchanged - • It expects the U.S. to add 27.6 gigawatts in 2029, a 38% rebound from 19.9 gigawatts in 2028. • It expects 20% of planned U.S. data center capacity for 2028, or about 5 gigawatts, to slip into 2029. • The bank sees a 30%+ shortfall in powered data center capacity through 2028, making sites already connected to the grid more valuable. • The bank still expects hyperscalers to spend $1.6 trillion in 2027 and $1.8 trillion in 2028, for a two-year total of $3.4 TRILLION.