USSTOCK.TODAY
Market Closed
Log in Sign up

Nvidia forecasts annual global data center spending to reach $3 trillion-$4 trillion by 2030

Nasdaq +1 ·

NVDA NVIDIA Corp
$230.48 -2.94%
View chart & analysis →
  1. 1Nvidia estimates that annual global data center spending will reach $3 trillion to $4 trillion by 2030.
  2. 2Capital expenditure for AI data centers by the top five AI hyperscalers is expected to be approximately $800 billion this year.
  3. 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.

Source Nasdaq +1 · View original ↗

Today's 5 AI picks, all free
Nothing hidden: past picks and how they did against the S&P 500.
See today's picks →