Nvidia forecasts annual global data center spending to reach $3 trillion-$4 trillion by 2030
NVDA NVIDIA Corp
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View chart & analysis → - 1Nvidia estimates that annual global data center spending will reach $3 trillion to $4 trillion by 2030.
- 2Capital expenditure for AI data centers by the top five AI hyperscalers is expected to be approximately $800 billion this year.
- 3An investment of $5,000 in early 2023 has become $80,000 in current investment value.
So what's the key point?
Nvidia expects that between $3 trillion and $4 trillion will be spent on data centers worldwide every year until 2030. The amount of money going into AI data centers this year is expected to be about $800 billion.
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