AI data center investment projected to hit $32 trillion by 2050 — infrastructure spending estimated to exceed capital requirements for railways, electrification, or the internet
A PwC report cited by Bloomberg estimates AI data center capex could hit $31.6 trillion by 2050, with a $50 trillion optimistic case. It says GPU and related infrastructure will be refreshed every four to six years, and breaks down spending by region. Risks include power availability, data sovereignty, chip availability, and potential overcapacity. Nvidia and AMD are seen as major beneficiaries.
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