Tag
AI Infrastructure Spending
2 articles
BofA Projects $1.4T AI Capex, Picks Nvidia
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 $1.4T AI Capex by 2030
BofA forecasts AI infrastructure spending to nearly triple, reaching $1.4 trillion annually by 2030.
Analysts expect 25‑30% capex intensity as hyperscalers and sovereigns upgrade IT, prioritizing AI c