Data center capex to hit $1.7 trillion by 2030 due to AI boom
A multi-year expansion cycle will drive worldwide data center capex to the $1.7 trillion mark by 2030, driven by hyperscalers as well as neo cloud service providers and sovereign AI initiatives, a new report from Dell’Oro Group indicates. All three segments are entering a new phase of infrastructure expansion; key among them are Amazon, Google, Meta and Meta, which at…
