Wire · operational-macro
Data center spending to more than double to $2.1 trillion by 2028, BofA says
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Fusion42 · 24 October 2026 · Fusion42 review
Global data center spending is expected to exceed $1 trillion in 2026 and more than double to $2.1 trillion by 2028, driven primarily by AI service development. The growth will significantly benefit suppliers of servers, networking equipment, and supporting infrastructure.
This Wire brief sits within Fusion42's coverage of Deep Tech: Telecom & Connectivity, and 2 sources have reported it between 23 Oct 2026 and 24 Oct 2026.
◆ ◆ The Wire takeaway
AI-driven demand is pushing data center spend to new heights, shifting supplier markets. If you provide servers or network gear, expect surging demand and shorter sales cycles from US clients.
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2 sources · first reported 23 Oct 2026 · latest 24 Oct 2026
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