Advanced Micro Devices Inc

BofA Securities expects global AI infrastructure spending to nearly triple to $1.4 trillion by 2030, with 25-30% capex intensity. The bank highlights Nvidia, Broadcom, AMD and Micron as preferred AI c

BofA projects AI infrastructure annual capital spending to nearly triple to $1.4 trillion by 2030, with 25‑30% capex intensity. The bank prioritizes AI compute chips, then semicaps, networking and mem