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Data center spending to more than double to $2.1 trillion by 2028, BofA says | Reuters

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BofA estimates global data center spending to hit $2.1 trillion by 2028

Bank of America Global Research projects global data center spending will reach $1 trillion in 2026 and more than double to $2.1 trillion by 2028, driven by AI demand and infrastructure buildout.

Oct 23, 2026·2 sourcesAI Data Center Gold RushCompute, chips & AI infrastructureAI data centersAI investmentArtificial intelligence infrastructureData centers
BofA estimates global data center spending to hit $2.1 trillion by 2028
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Data Center Spending to Double to $2.1 Trillion by '28